Skip to main content
(678) 915-2634 Contact Us
Bankruptcy judge rules in favor of Georgia coach Atlanta, GA

Personal Attention & Experience Since 1971 Family-Owned, Family Focused

Client Reviews

Bankruptcy judge rules in favor of Georgia coach

Judge Gavel, Scales of Justice and legal books on the desk

A federal bankruptcy judge has reportedly rejected a fraud claim made by a former University of Georgia football player against former UGA coach Jim Donnan. In the ruling, the judge stated that there was no evidence that Donnan engaged in deceptive conduct and, as such, that the player was not eligible to have access to Donnan’s assets before other investors.

Donnan and his wife filed for personal bankruptcy last summer after being ordered to pay millions in restitution in connection with an alleged Ponzi scheme.

The Donnans were initial investors in a company that used investors’ money to buy discontinued appliances and furniture for resale. However, the owners reportedly only spent a small portion of that amount on that stated purpose, and used the rest to pay big returns to the Donnans and other early investors.

Although the Donnans were not accused of any wrongdoing in connection with the alleged scheme, they were ordered to pay about $8 million to other investors who had lost money in the scheme.

They had previously offered to repay $5 million, but that claim was rejected. Because they had insufficient assets to pay the extra $3 million as ordered by the court, they were forced to file for bankruptcy. You can read more about their case in our earlier bankruptcy blog post.

Soon after the bankruptcy filing, former UGA linebacker Kendrell Bell filed a claim in bankruptcy court alleging that Donnan fraudulently convinced him to invest $2 million in the now-defunct company. He objected to the Donnans’ bankruptcy plan, asking the court to allow him early access to Donnan’s assets.

The judge refused to grant that request, stating that there was no evidence that Donnan had used fraud to get Bell to invest in the company.

Source: Athens Banner-Herald, “Judge says coach Donnan did not deceive former player,” Lee Shearer, Feb. 20, 2012

Posted on behalf of Jamie L. Gingold, PC

195 14th Street NE #1604
Atlanta, GA 30309

Phone: (678) 915-2634


First Free

    DisclaimerPrivacy Policy

    I have read the Disclaimer and Privacy Policy

    Our Client Reviews

    Jamie L. Gingold, PC
    5.0 / 5.0

    Based on 28 reviews

    Jack L.

    They did an excellent job with my case. Jamie took the time to really listen and understand things. She delved into the details and was extremely knowledgeable and non judgmental. Very professional and they know what they are doing. Would definitely recommend!

    Karen B.

    Dear Mr Gingold, There are so many reasons to be thankful for all you have done and will do. Anyone who has ever had unfavorable experiences with an attorney or the legal system will feel the trepidation that I experienced once I realized that my situation seemed hopeless. It was by chance and happily good luck that I decided to put my future and sanity into your hands. I was mortified at having to deal with my debts by claiming bankruptcy. I remember in our first meeting how you assured me that I was not alone and should not feel ashamed. And, anyone in this position obviously does not have money to spare and you were clear about all the costs and allowing me to pay according to my own ability to do so. You advised me in all aspects of the law, but also, you were at each meeting incredibly supportive and complementary of my personal and professional plans. Anyone else in this situation should feel blessed to have access to your expertise and support.

    Lyla B.

    I thought the process of filing bankruptcy was going to be a difficult one. However, Gingold & Gingold treated me with respect and dignity from the moment I walked through their door. I had the pleasure of working with Jamie. She is very responsive, professional, and knowledgeable. She took the time and listened to my every concern and handled each and every one of them to my satisfaction. My experience with filing bankruptcy under Gingold & Gingold's representation exceeded my expectations in a major way. They gave me such a peace of mind. I am very pleased with my decision of going with Gingold & Gingold to represent me when I filed Chapter 13 bankruptcy.

    Julie T.

    Wow! I am finally out of debt and can say that I am debt free after completing my chapter 7 bankruptcy case with Gingold and Gingold. Mr dangled was very knowledgeable and direct with regard to my debt situation. there were no surprises and the case went as I was advised. The staff was also very helpful whenever I had a question. I will definitely recommend them in the future to my friends.

    Julie T.

    I contacted getting old and getting old regarding some old tax debt and credit card debt that I needed to address and had been putting off. miss Irving in the office was very very nice and put me at ease. I met with Jaime Gingold. She was very nice and explained the procedure to me and what would be left owing to the Internal Revenue Service and the State of Georgia after my case was done. My case has now been completed and I am on my way to a new start. Thank you Gingold and Gingold for all of your help.

    Anna T.

    Amazing! Outstanding!! They went over and beyond..I would recommend them to anyone needing a lawyer!!

    Write a review