It allows you to enjoy skiing thanks to its location and it features many facilities that help you to. A jury orders exbillionaire timothy blixseths wife to hand over millions in. Blxwares owner, edra blixseth, is coowner of the yellowstone club, a resort for the ultrarich in montana. According to blixseth, i thought he had some good new software. Fake news in the age of the internet, part 5 the post. Exbillionaire tim blixseth talks about life from cascade county. Edra blixseth also is the author of the book uncharged batteries. Business wiredennis montgomery, chief scientist for blxware llc, an emerging software company owned by entrepreneur and ceo of the yellowstone club, edra blixseth. Chernin of the news corporation another board member. Montgomery was a partner in a software development company blxware owned by edra blixseth, the estranged wife of timothy blixseth. The company claims the software disappeared and the source code was wiped out when montgomery left. Nevada companys troubles entangle gibbons, federal. Almost all of the money has disappeared, much of it no doubt spent on legal fees. Montgomery went on to find another patroninvestor in the form of edra blixseth, wife of.
Larry ellison is an american programmer, internet entrepreneur, businessman and philanthropist. For publication united states court of appeals for the ninth circuit in re edra d. Oracle chief buys california estate once owned by yellowstone club founders, tim and edra blixseth. Yellowstone club is a,600 acre private residential community set. Founder and ceo of the worlds largest business software company mr. It is a unique house that is located in montana, united states and is possessed by tim and edra blixseth. He was the chief executive officer of the software company.
Blixseths lawyer said it is time to end the developers wrongful. The current federal inquiry into edra blixseth, ap informed us, involves a series of multimillion dollar loans she took out or guaranteed around the time of her divorce, according to an attorney familiar with. Yellowstone club, big sky mt company profile bizstanding. A center in palm springs for women and children suffering from abuse is named after her. Edra blixseth president, inactive jack scalia president. Michael sandoval exmicrosoft executive using money she invested in his company. Chief scientist for blxware llc, an emerging software company owned by entrepreneur and ceo of the yellowstone club, edra blixseth.
Business directory information on every company and professional organization. Edra got the club in the divorce, and with it the huge debt load. Larry ellison is not only one of the worlds richest. In 1977, robert miner who was the supervisor of ellison in ampex left the company cofounded a company called software development laboratories.
When i knocked on the door of dennis montgomerys yarrow. That happened a couple years after 911, when montgomery, then chief technology officer and part owner of nevada software company etreppid, made millions selling spy programs to the u. The move followed what critics described as a spending spree in recent years by the clubs founders, tim and edra blixseth, even as the luxury real estate market stagnated. Tim blixseth, founder and dominant shareholder of the yellowstone club, was.
Tim blixseth attempting to sell her assets may 28, 2008 edra blixseth v. Edra blixseth has come a long way since she and her husband, tim, declared bankruptcy in rainsoaked roseburg, oregon, in 1986. From a creditordebtor law perspective, the myriad litigation involving tim blixseth s attempts to dodge his creditors is the gift that keeps on giving. Edra filed for divorce in the riverside superior court in december 2006, in re marriage of blixseth, riverside superior court case no.
In reading the fascinating exploits of dennis montgomery, we come across two other characters, billionaire tim blixseth and his wife edra, in the 2010 playboy magazine story about montgomery. Ellison bought porcupine creek from yellowstone club founders tim and edra blixseth. Blixseth s wife and montgomery were business partners in a software company venture that included the software. Tim blixseth divorce filing may 1, 2007 edra blixseth v. Larry ellison, the sixthrichest man in the world, has bought the 249acre golf course estate of edra blixseth. Given the circumstances, though, its the best she can do. Tim blixseth grew up poor in oregon, eating spam five times a week.
In this adversary proceeding trial was held june 6 7 8 and 11 2012. From billionaire to inmate, tim blixseth remains defiant. Edra blixseth is at the center of a huge financial mess, court papers show, and she. Timothy lee blixseth was born on 27 april 1950, in roseburg, oregon usa, and is a record producer, songwriter, and real estate developer, but possibly best known for being the cofounder of the. Billionaire who went bust is out of jail and still owes millions. The resort, with its private ski hill and an exclusive membership that includes microsofts. Sectec astronomy 2011 dennis montgomery litigation and. But skills that took him from a tough boyhood to hanging with bill gates are tearing his. Blixseth gave up control of the yellowstone club during his 2008 divorce from exwife edra blixseth. Thereafter, she attempts to start a new technology company with montgomery. By debra gruszecki, the desert sun february 9, 2011. In 2006 the blixseths partnered with a computer software. View the profiles of professionals named edra on linkedin.
Dennis lee montgomery born 1953 is an american software designer and former medical technician who sold federal officials computer programs he claimed would decode secret alqaeda messages. North carolinabased wachovia issued blixseth two loans last year to develop her computer software company, blxware. She filed for personal bankruptcy in 2009 which resulted in a chapter 7 liquidation of her assets including blxware and its associated software and intellectual property. Government tries to keep secret what many consider a fraud. Blxwares owners edra and tim blixseth divorced in 2008 and blxware became part of edra blixseths sole property. He remanded the case to the bankruptcy court to determine if it should be. Edra blixseth says her former estate will be in great hands with oracle chief. On september 23, 2008, businesswire reported that etreppid technologies and montgomery, who had formed another software company, blxware, with financial support from edra blixseth, had reached a confidential settlement agreement. We have put together a thread with tips and a tutorial video to help with using the new software. Porcupine creek features an 18,430squarefoot main home, an 18hole.
In 2009, edra blixseth filed for chapter 7 bankruptcy and liquidated the company. Paradise lost tim blixseth carved a private golf and ski resort out of the montana wilderness. Greed, bankruptcy, and the super rich the atlantic. They invested in several companies named blxware, xpatterns, and. Blxwares owners edra and tim blixseth divorced in 2008 and blxware became part of edra blixseth s sole property. The corsiwndarpaiozullomontgomery connection obama. Appeals court rules for blixseth in montana case great falls tribune.
Dennis lee montgomery born 1953 is an american software designer and former medical. Tim blixseth, the former billionaire realestate developer who has been. Blixseth edra or debtor and others, and to which wcp joined. Per montgomery, in 1981 or 82, he formed a company, computermate, the business of which was to write medical software for medical instrumentation. Former developer blixseth tries to get out of jail for christmas wsj. Atigeo at issue in divorce settlement the seattle times. Edra did say in an email that as part of the settlement she gets two of the properties that tim bought to start a global resort membership club called yellowstone club world. Economy crashes the gates at a club for the rich new york times, nov.
In 1998 montgomery cofounded etreppid technologies with partner warren trepp to develop video. Yellowstone club, whose members included microsoft cofounder bill. Top 10 worlds most expensive houses topteny magazine. Checkmate at the yellowstone club the new york times. Larry ellison net worth biography, quotes, wiki, assets. When asked how hes doing, blixseth said with a grin, its a great day to be alive. See all 2 formats and editions hide other formats and editions. Ellison is the highestpaid executives in the us, ellison has. Blixseth loses on marital settlement agreement and.
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