Arrest warrant issued for Arnold Klein (Feb 21 2013)

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Arrest warrant issued for Arnold Klein (Feb 21 2013)

Post by whisper » Thu Feb 21, 2013 8:39 pm

Arrest warrant issued for celebrity doctor

A federal bankruptcy judge issued an arrest warrant Thursday for Dr. Arnold "Arnie'' Klein in connection with an extravagant collection of artwork missing from the cosmetic dermatologist's oceanfront Laguna Beach house, which was sold last week for $7.1 million.

The warrant said the doctor, who filed for bankruptcy protection two years ago, failed to turn over the art from homes in Laguna and Palm Springs as required in the bankruptcy case. Klein also did not deliver a Ferrari 360 Spyder with the license plate "Got BTOX'' that he had been ordered to take to an auto dealer in Newport Beach, the warrant alleged.

Klein's art collection includes two works by Pablo Picasso as well as by Claes Oldenburg and Henri de Toulouse-Lautrec, which all had been in the Laguna Beach house, according to documents in the bankruptcy case. He also owned works by Pierre-Auguste Renoir, Auguste Rodin, Andy Warhol, Roy Lichtenstein and David Hockney, according to court records.

In issuing the arrest warrant, U.S Bankruptcy Court Judge Richard M. Neiter found Klein to be in contempt of court.

Klein's celebrity patients have included pop star Michael Jackson and actress Elizabeth Taylor. His home on Coast Highway in South Laguna sold as part of the bankruptcy case.

Klein filed for Chapter 11 bankruptcy in January 2011. He listed $30.5 million in assets against $6.8 million in liabilities. He said he earned $2.5 million annually in each of the three preceding years from his medical practice.

Dubbed "the father of Botox,'' Klein helped develop a technique for injecting the wrinkle smoother and is credited with pioneering the procedure for lip augmentation in the early 1980s. His association with Michael Jackson has been the subject of numerous news and television reports. Klein's one-time nurse Debbie Rowe is the mother of Jackson's children, Prince and Paris.

A January 2012 report in the Los Angeles Times chronicled Klein's troubles in recent years, including a medical board investigation, lawsuits, poor health and the bankruptcy. In addition to the homes in Laguna and Palm Springs, the story said Klein had a $9 million house in Los Angeles.

His contemporary 3,572-square foot house in Laguna Beach was listed at $12 million two years ago – far less than its recent sale for $7.1 million. The three-bedroom home has floor-to-ceiling views of the Pacific Ocean, including one from the shower in the master bathroom.

The top floor of the house is dedicated to the master bedroom suite, which includes a living area, solarium, a double-sided fireplace and built-in multi-media center. The kitchen is equipped with a Wolf stove, Sub-Zero refrigerator and dual ovens. The house has a wine cellar, gym, and outdoor spa, along with direct access to the beach.

A listing once described the home as "designed for entertaining on a regal scale with uncompromising views and the highest levels of privacy." At street level, only a motor court with two garage doors can be seen beyond the property's gate.

The house was sold as part of the bankruptcy proceedings, according to Gregory Bingham of Coldwell Banker Residential Brokerage, who co-listed the home with David McCulloch of the same firm. The buyer's agent was Sharon Katouli of Teles Properties.

Source: ... house.html

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Re: Arrest warrant issued for Arnold Klein (Feb 21 2013)

Post by Jingles » Sun Feb 24, 2013 3:15 pm

And another domino falls…
"And it seems I can live my life with you as my rhythm"

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