Dallas Business Journal: Hyperion's Huddleston Being Sued By Hunt Family Trustee
Here’s another story that hasn’t hit the local media—but should.
Albert Huddleston, CEO of Hyperion, the company that may build a refinery in Union County, has been sued by a trustee of the Hunt family trust for what the Dallas Business Journal says is “misrepresent[ing] what they were using trust money for….”
An excerpt:
Just something else that makes you want to go “hmmm” about the project. Is Hyperion’s refinery one of the “misguided business ventures”?In his suit, Miro Vranac Jr. accuses the Huddlestons [wife Mary is also named) of misusing more than $6 million of the Lyda Hunt Bunker-Mary Moreland Hunt Trust. The lawsuit alleges the Huddlestons spent the funds on “a number of misguided business ventures” and for “a sizable settlement of a dispute in Vietnam arising from one of Albert’s personal transgressions involving a female citizen of Vietnam.”…
The suit also alleges that Albert Huddleston asked the trust to award $20 million to his wife for projects in Iraq and South Dakota. When Vranac said he disagreed, Albert Huddleston became upset and threatened a lawsuit, the filing alleges.
Technorati Tags: Hyperion, Albert Huddleston, Mary Huddleston, Gorilla Project, Union County, refinery, lawsuits, Hunt family trust, Miro Vranac Jr.
Todd Epp
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Reader Comments (1)
He'd need a lot more than $20 million to build a refinery. Perhaps it was money for lobbying.