Nyc punk movement
CBGB Spoils In Heated Family Debate
The now closed epicenter of the Punk movement, CBGB is in the news again as the family of the legendary bar battles over the small fortune generated from clothing, memoribilia and auctions.
Says The New York Times, "the case is filled with accusations of fraud and deception, and it adds a bitter coda to the story of a beloved New York institution."
NYT continued...
In the suit, filed last year in Surrogate's Court in Manhattan but amended in a hearing last week, Mr. Kristal's 83-year-old former wife, Karen, says she is the rightful owner of the business, and that Mr. Kristal and their daughter, Lisa Kristal Burgman, 53 ' who inherited the bulk of her father's estate of more than $3 million ' systematically deceived her by hiding money from the sale of merchandise.
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