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Famed Attorney F. Lee Bailey Files for Bankruptcy in Maine

Famed Attorney F. Lee Bailey Files for Bankruptcy in Maine
(AP)

Saturday, 25 June 2016 10:40 AM

Famed attorney F. Lee Bailey has filed for bankruptcy in Maine in an effort to discharge an IRS debt of more than $5 million.

Debts to the Internal Revenue Service aren't normally discharged in bankruptcy proceedings, but the 83-year-old told the Portland Press Herald (http://bit.ly/28Se2hO ) on Friday that it can be as long as one complies with certain conditions. The debt stems from a dispute over his reportable income from 1993 to 2001.

During that time period, Bailey served as one of O.J. Simpson's attorneys at his murder trial.

The bankruptcy filing also lists $364,925 owed on Bailey's Yarmouth condominium.

Bailey was disbarred in Florida in 2001 over mishandling client assets. Massachusetts issued a reciprocal disbarment in 2003. Bailey's bid to gain admission to the Maine bar failed in 2014.

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Famed attorney F. Lee Bailey has filed for bankruptcy in Maine in an effort to discharge an IRS debt of more than $5 million.Debts to the Internal Revenue Service aren't normally discharged in bankruptcy proceedings, but the 83-year-old told the Portland Press Herald...
F Lee Bailey, Bankruptcy, case
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2016-40-25
Saturday, 25 June 2016 10:40 AM
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