The lawsuits were for faulty construction, not because he was frugal. No one has claimed Barry was opposed to the construction of the new dream home. Even if he had been, that’s an unlikely motive for someone murdering both him and his wife.
I don’t think BS was opposed to building a new home. I think he probably saw it as an opportunity to make some money. After all, how many people are able to successfully sue the designers and contractors of your previous home for roughly 90 percent of the cost (winning most via forced settlement)?
Kind of makes you wonder just how comprehensive that inspection list might’ve been for the upcoming 50 Old Colony sale.
Imo, litigation was a way of life for BS, both in business and in personal matters - which imo were still business matters (on the plains of the Serengeti, anyway). I think that’s how he acquired Empire. I think it’s how he built Apotex. I think it’s how he made his fortune. And I think it’s how he reduced the final outlay for the house on Old Colony. All just my opinion.
A 12/19/17 Star article states: “After litigation against the house’s designers and builders they wound up recouping 2 million of the contracted amount to construct the home” (which was 2.3 million). If there was poor design or shoddy workmanship, why didn’t the designers and builders just fix it, or build them a new house (like happens with everybody else). No, I suspect they (and/or their insurance companies) knew they weren’t going to be able to hold their breath as long as BS, so they settled. So it sounds like the end result was that BS paid 300k for a 2.3 million dollar home.
It almost sounds like a way of doing business - or even an approach to life.
I don’t think anybody would argue that civil suits were BS’s specialty. An army of highly skilled attorneys specializing in pharmaceutical law, patent law, taxes, and anything else that BS got involved with (including collateralized loans to relatives, business associates, friends and cousins). It appears to me that he was a lawsuit machine. In my opinion, in the event of a suit, only the deep pocketed could ever do anything but settle with BS. If you chose to ride it out, the damage was going to be already done - the market saturated and the cupboard bare by the time a long drawn-out court case was settled or resolved by the courts. Better to cut your losses and run. In poker it’s called folding.
In my opinion, BS’s real “ business” and his real “business skill” was litigation (some would say abuse of the courts). The pharmaceutical industry just happened to be tailor made (especially at that time, incl. with Empire) for BS’s tactics. Sometimes there were hundreds of millions of dollars at stake for winners and losers. Generic meds, corporate espionage, patent infringement, patent expirations (or not), product formula theft, cutting fabrication corners, flooding markets with generics before competitors could respond and/or courts could rule.. Imo, BS was better at it than anybody. Anybody.
KD’s book said: “Canadian courts are filled with hundreds of cases involving Apotex. The battles were lengthy, sometimes taking decades.”
[…]
In a case in which Sherman sued the US government, ‘The US court filings reveal that in 2009, FDA officials discovered that “Apotex had distributed products in the US market contaminated with hair, glue, plastic, nylon, metal, rust, snd acetate fibers.” And BS was suing THEM! Desai once said: “compliance is a journey”.
[…]
“If a case went against him, Sherman always appealed. He did not give up, no matter the odds.”
What I can’t believe (and I’ve said this before) is that there was still a designer and a builder left in Toronto who were willing to sign a contract to build the Sherman’s new house.
All jmo