Fees, fines, net worth: Wilfs face the music in New Jersey courtroom


Attorneys for the Wilf family, owners of the Minnesota Vikings, will be in a New Jersey courtroom on Wednesday where they are expected to learn how much they will be required to pay former associates involved in a real estate dispute that began decades ago.

The Star Tribune reports that Superior Court Judge Deanne Wilson is also expected to reveal the Wilfs’ net worth. Earlier this week, a state appeals court denied a request to keep that information sealed. The appeals court allowed the Wilfs to keep their net worth under wraps until a final judgment was issued in the lawsuit. The Wilfs’ lead attorney is expected to ask the judge to delay the release of the net worth until there's been a full appeal of the case.

The New Jersey Star Ledger said that during the hearing, expected to last Wednesday through Friday, attorneys for the Wilfs will argue over the final figures to be awarded for damages, attorneys fees’ and costs in the real estate fraud case.

A judge has ruled that the Wilfs must pay $84.5 million to their former partners. When Wilson issues her final judgment, she also will decide whether to accept a recommendation that the Wilfs pay another $15.1 million to cover the plaintiffs’ legal fees and other costs associated with the case. Last month, a special master recommended that the Wilfs pay the additional amount to cover costs incurred by their former business partners.

Wilson said she used the Wilfs’ net worth to calculate damages in the real estate case and that the public has a right to know what she based the ruling on. “The judiciary should be transparent,” she has said.

Wilson made the award after determining that the Wilfs systematically cheated Josef Halpern and his sister Ada Reichmann out of revenues from the 764-unit Rachel Gardens apartment complex for more than 20 years. It is one of 225 apartment complexes owned by the Wilfs.

Zygi Wilf and his brother Mark joined local dignitaries at the groundbreaking for the new Vikings stadium that took place last week.

Next Up

Andrelton Simmons / Minnesota Twins

Twins sign Andrelton Simmons to one-year deal

The former Angels shortstop is a four-time Gold Glove winner.

covid, vaccine

Minnesotans eligible for COVID shots only need to pre-register once for vaccine lottery

This is good news for people worried that they'd need to sign up every week.

police lights

2 people charged in separate Minneapolis homicides that happened hours apart

A woman is accused of stabbing a man in the chest over $60, while a man is accused of accidentally shooting a victim on the man's birthday.

House for sale

Despite pandemic, Twin Cities housing market set records in 2020

Sales were up 7.7% in 2020 compared to the year before.

Target store inside

Target unveils 'limited-edition' home, lifestyle collection with Levi Strauss

The new collection will be available in some stores and everyone online Feb. 28.

Tim Walz

Walz's $52.4 billion budget increases school spending, raises taxes on wealthy

He says the budget will help level the playing field and ensure all Minnesotans have a fair shot at economic recovery,

Screen Shot 2021-01-26 at 12.55.00 PM

Pictures from Minnesota GOP's Deadwood retreat show no masks, no distancing

The pictures were shared in Chair Jennifer Carnahan's latest email newsletter.

Alexus Norberg

Search for girl, 14, missing from St. Cloud

The teen left her home without her parents' permission.

coronavirus, covid-19

Here is Minnesota's COVID-19 update for Tuesday, January 26

The health departments provided new data daily at 11 a.m.