Perelman scion grilled above greed in inheritance battle
Revlon billionaire Ron Perelman’s daughter, Samantha, was set to inherit at the very least $20 million from her mother’s household — including a 30.5-carat ring, Manhattan co-op and New Jersey manse.
She’s also in line to net a fortune from late mother Claudia Cohen’s $seventy eight million estate — not to point out her father’s multibillion-dollar empire.
But even that’s not excellent sufficient to fulfill the 23-calendar year-aged, her uncle’s lawyer billed in a Hackensack, NJ, court Tuesday.
“You did not say ‘I want to inherit $100 million to $50 million’?” demanded attorney Benjamin Clarke, who is defending James Cohen from Samantha Perelman’s claim that he coerced his ailing dad into reducing her out of his $600 million Hudson Information fortune.
He was referring to a 2007 conference amongst Perelman and her grandfather Robert Cohen, James and Claudia’s dad.
“I wouldn’t characterize it as this kind of,’’ Samantha replied to the cross-assessment on her next working day of testimony.
“You didn’t say ‘[I] want a 50 % or a 3rd of your business’ to your grandfather?’’ Clarke questioned.
Perelman denied it once again.
Portray Perelman as a greedy, ungrateful prosperous child, Clarke mentioned Samantha coldly filed match towards her uncle 15 days following his dad, Robert Cohen, died at age 86.
Samantha experimented with to get her grandfather declared lawfully incompetent soon after he modified his will, but her bid failed.
At one point, Clarke advised that the Ivy League grad student was pushing for anything that wasn’t hers — and that she barely necessary any far more cash, anyway.
“You comprehend that your grandfather experienced the correct to treat you as an individual, not as a substitution for your mother?’’ he explained.
“He experienced regularly treated me and my mom the identical,” Perelman answered.
“On the matter of your grandfather’s intentions towards you, do you contend that your grandfather did not know that you are the daughter of a single of the wealthiest men in the entire world?’’ Clarke asked.
She replied, “I don’t know how that has something to do with it.”
The protection also attempted to hammer residence the notion that Ron Perelman was pulling all the strings in the lawsuit.
Clarke observed that Claudia Cohen’s 2004 will would have given her daughter $five million at age twenty five and then 50 percent of her remaining $73 million fortune at age 40.
But in 2007, as she lay dying of cancer at Sloan-Kettering, Cohen changed her will to make her ex, Ron, executor with sole management more than the purse strings.
Clarke hinted that Samantha would do his bidding as extended as he controlled the funds.
Samantha grew testy, saying her dad “was [her mom’s] very best pal.”
“You can not use Ronald Perelman as a pawn,’’ she seethed. “It was for Claudia Cohen. He was functioning as an executor [when her will was transformed in 2007]. He’s not this undesirable man that we’re all striving to beat up.’’