CANADA Canada - Billionaire Couple Barry & Honey Sherman Murdered at Home, Toronto, 15 Dec 2017 #24

[fadedglitter]

I’ll try to phrase this in a way that I hope will not attract responses that cross the line.

Many people believed the Shermans had harmed them. Barry had many business enemies. Honey was perceived as treating people unkindly. There was a wry joke at the time of the murders about the large number of people who had a motive.

Many people benefitted. The CEO of Apotex was pushed out. We have no idea what internal wrangling came about as a result. Embarrassing details were almost certainly hidden while others came to light. People got promotions and others lost their influence.

Lots of people benefitted financially. The heirs weren’t interested in maximizing the value of their father’s businesses. They were selling Apotex for parts. Anyone who had an eye on acquiring factories or things around the world that were owned by Sherfam was able to buy those things at a significant discount.

Barry was in the litigation business. Cases just STOPPED because the estate didn’t want to bother with them. At that scale it can be estimated that hundreds of people didn’t need to testify and millions of pages of evidence didn’t need to be produced in discovery. Many embarrassing things weren’t revealed.

 

[ldlager]

I’ll try to phrase this in a way that I hope will not attract responses that cross the line.

Many people believed the Shermans had harmed them. Barry had many business enemies. Honey was perceived as treating people unkindly. There was a wry joke at the time of the murders about the large number of people who had a motive.

Many people benefitted. The CEO of Apotex was pushed out. We have no idea what internal wrangling came about as a result. Embarrassing details were almost certainly hidden while others came to light. People got promotions and others lost their influence.

Lots of people benefitted financially. The heirs weren’t interested in maximizing the value of their father’s businesses. They were selling Apotex for parts. Anyone who had an eye on acquiring factories or things around the world that were owned by Sherfam was able to buy those things at a significant discount.

Barry was in the litigation business. Cases just STOPPED because the estate didn’t want to bother with them. At that scale it can be estimated that hundreds of people didn’t need to testify and millions of pages of evidence didn’t need to be produced in discovery. Many embarrassing things weren’t revealed.

I would add that it is very possible that some people thought they would benefit financially if the Sherman’s were dead, and it turned out that they in fact did not benefit.

 

[fadedglitter]

I would add that it is very possible that some people thought they would benefit financially if the Sherman’s were dead, and it turned out that they in fact did not benefit.

Indeed. Some people may not have realized Barry had updated his will, and have imagined themselves to be executors, in charge of the entire fortune at his death.

 

[WINDSOR]

Lots of people benefitted financially. The heirs weren’t interested in maximizing the value of their father’s businesses. They were selling Apotex for parts. Anyone who had an eye on acquiring factories or things around the world that were owned by Sherfam was able to buy those things at a significant discount.

Apotex was sold as a complete entity, not as parts. The factories and all the real estate, were also sold as a unit to a holding company. AFAIK there was no sale of assets at a significant discount.

 

[fadedglitter]

Lots of people benefitted financially. The heirs weren’t interested in maximizing the value of their father’s businesses. They were selling Apotex for parts. Anyone who had an eye on acquiring factories or things around the world that were owned by Sherfam was able to buy those things at a significant discount.

Apotex was sold as a complete entity, not as parts. The factories and all the real estate, were also sold as a unit to a holding company. AFAIK there was no sale of assets at a significant discount.

This is just flat out not true. Long before SK Capital purchased the last of Apotex, Aurobindo Pharma acquired parts of the company in five European countries. Apotex merged its Australian and New Zealand operations with Arrow Pharmaceuticals. The Star has reported that the new Florida factory, key to the planned expansion into US markets, was sold at a loss (I could have sworn this was discussed here). Barry had a massive global operation.

The heirs did not want to run Apotex or Sherfam. They wanted to get it over with. They did not need the money and they had never wanted to deal with their dad’s companies. Barry had many investments and it was all too much to deal with.

 

[ldlager]

Indeed. Some people may not have realized Barry had updated his will, and have imagined themselves to be executors, in charge of the entire fortune at his death.

Or beneficiaries

 

[WINDSOR]

This is just flat out not true. Long before SK Capital purchased the last of Apotex, Aurobindo Pharma acquired parts of the company in five European countries. Apotex merged its Australian and New Zealand operations with Arrow Pharmaceuticals. The Star has reported that the new Florida factory, key to the planned expansion into US markets, was sold at a loss (I could have sworn this was discussed here). Barry had a massive global operation.

The heirs did not want to run Apotex or Sherfam. They wanted to get it over with. They did not need the money and they had never wanted to deal with their dad’s companies. Barry had many investments and it was all too much to deal with.

It all has to do with your perspective.

If we assume that Apotex was at a $4 Billion company, the purchase by Aurobindo for $120 million of Apotex's European operations was not significant in my view. Apotex, made a profit on the deal and received the money. Large companies are always buying and selling parts of their operations.

The merger with Arrow resulted in Apotex's continued investment in the new entity, there was no sale or loss of Apotex assets.

In February 2019 Apotex sold a warehouse for $38 million in South Florida, which was $12 million less than they had invested. This loss is more a result of the Florida commercial real estate market, that some Apotex crisis.

So we have a combined loss of $12 million on all these transactions. (about a third of what Barry had lent to Jonathan and asked to be paid back, shortly before the deaths). Seems like Apotex was rationalizing their operations worldwide, in order to maximize value prior to the sale to SK Capital. To me this does not look anything like a fire sale, but smart and prudent leadership

The roof was not falling in on Apotex, and it is believed that SK Capital who purchased Apotex, paid much more than $4 Billion.

Finally the heirs did not want to run Apotex, they just wanted the cash, which they got.
You say 'they did not need the money', however when has need anything to do with want?

Finally you state 'Barry had many investments and it was all too much to deal with'. Again from whose perspective? The Sherfam organization had effective leadership group, and appeared to be running things successfully in a business-like manner.

 

[ldlager]

From Toronto Star this morning​

Judge seals ‘person of interest’ records from Barry and Honey Sherman murder investigation. Thousands of pages remain redacted

The Star continues to argue the documents should be unsealed so that Toronto police investigators’ missteps can face public scrutiny.

www.thestar.com

“Judge seals ‘person of interest’ records from Barry and Honey Sherman murder investigation. Thousands of pages remain redacted”​

 

[ldlager]

“…Porter has also kept a lock on pages that the Star argued likely detail mistakes detectives have made in the investigation, including the initial belief by a pathologist and detectives that it was a murder-suicide, and a failure by detectives to seek alibis from most of the Shermans’ family members, friends and business associates…”

 

[WINDSOR]

"Justice Porter ruled that releasing more information would “pose a serious risk” to the police investigation and prejudice the interests of some of the people named in the documents as “persons of interest.” Porter made that ruling despite affidavits filed in court by two people connected to the Shermans who stated they know they were considered suspects and are fine with anything said about them — or by them — being released. "

Wow, quite a statement from Judge Porter. Eight years later, releasing more information would pose a serious risk to the police investigation? What investigation? This is what the investigation currently involves "Det. Const. Dennis Yim, the lone detective working the case — he used to work on it full time but now says he spends 50-60 per cent of each day reading documents police have obtained over the years".

Yim also stated "police have “many” persons of interest named by Sherman friends and family. After more than eight years, police have been unable to clear any of them. During cross-examination, Yim revealed that some people — Sherman friends and family — named six or more people whom they thought police should check out as persons of interest."

My understanding is that the one officer on the case, Yim spends about 50% of his day on the Sherman case. In that time he only reads old reports. There are more than six persons of interest who have not been cleared, and Yim states nobody is actively investigating these POI's to clear them.

If Yim states there is no investigating beyond reading old files, what kind of police investigation is Judge Porter referring too?
We know Judge Porter had to be physically present when Yim gave his testimony, the Judge must have heard Yim's statements, so how does Porter believe releasing the files, would pose a risk to Yim's reading old police reports?

In reality there are no 'boots on the ground' investigation by the TPS. However there are POI's who are walking around freely, and the Judge does not understand that.

The Judge could have easily said to the TPS, 'you have 90 days to clear the POI's or I will order the files released'. Somebody has to break the inertia of this case. The Judge had a chance.

MOO

 

[fadedglitter]

The latest story in the Star, like the one before it, does not include a single new detail. The information about Honey’s medical conditions has been unsealed piecemeal over the years but was already known to the public.

 

[ldlager]

"Justice Porter ruled that releasing more information would “pose a serious risk” to the police investigation and prejudice the interests of some of the people named in the documents as “persons of interest.” Porter made that ruling despite affidavits filed in court by two people connected to the Shermans who stated they know they were considered suspects and are fine with anything said about them — or by them — being released. "

Wow, quite a statement from Judge Porter. Eight years later, releasing more information would pose a serious risk to the police investigation? What investigation? This is what the investigation currently involves "Det. Const. Dennis Yim, the lone detective working the case — he used to work on it full time but now says he spends 50-60 per cent of each day reading documents police have obtained over the years".

Yim also stated "police have “many” persons of interest named by Sherman friends and family. After more than eight years, police have been unable to clear any of them. During cross-examination, Yim revealed that some people — Sherman friends and family — named six or more people whom they thought police should check out as persons of interest."

My understanding is that the one officer on the case, Yim spends about 50% of his day on the Sherman case. In that time he only reads old reports. There are more than six persons of interest who have not been cleared, and Yim states nobody is actively investigating these POI's to clear them.

If Yim states there is no investigating beyond reading old files, what kind of police investigation is Judge Porter referring too?
We know Judge Porter had to be physically present when Yim gave his testimony, the Judge must have heard Yim's statements, so how does Porter believe releasing the files, would pose a risk to Yim's reading old police reports?

In reality there are no 'boots on the ground' investigation by the TPS. However there are POI's who are walking around freely, and the Judge does not understand that.

The Judge could have easily said to the TPS, 'you have 90 days to clear the POI's or I will order the files released'. Somebody has to break the inertia of this case. The Judge had a chance.

MOO

The decision is a new detail. As is this. Both KW and FDA filed Affidavits with the Court requesting that information contained in the police investigative files pertaining to them be released to the public. The judge, after hearing testimony from LE and Yim, refused to allow the release these details for these two individuals. . This decision may indicate that releasing this info could potentially jeopardize LEs case, and therefore one has to consider the possibility that Police view one or both of these individuals as more than just Poi’s. Moo

 

[fadedglitter]

The decision is a new detail. As is this. Both KW and FDA filed Affidavits with the Court requesting that information contained in the police investigative files pertaining to them be released to the public. The judge, after hearing testimony from LE and Yim, refused to allow the release these details for these two individuals. . This decision may indicate that releasing this info could potentially jeopardize LEs case, and therefore one has to consider the possibility that Police view one or both of these individuals as more than just Poi’s. Moo

It’s not new; it’s the same finding as last time.

Overall this decision suggests that the investigation is indeed active and ongoing, and that the redacted information is significant and not known to the public. But that’s what TPS has said for years.

 

[fadedglitter]

Sorry, I thought I included this in my last note: it has always appeared that KW and FDA were considered persons of interest from the very beginning of the investigation. The most recent batch of unsealed portions from a few months ago suggest that TPS is no longer pursuing the theory that KW did it because he was upset about losing his case a few weeks earlier. But *something* about the way people spoke about KW to investigators is still considered relevant. That’s why those details are still sealed.

 

[Lexiintoronto]

The latest story in the Star, like the one before it, does not include a single new detail. The information about Honey’s medical conditions has been unsealed piecemeal over the years but was already known to the public.

New to me is: “documents that reveal the identities of “many” individuals police speculate were involved in the killings, including information Barry provided to his own doctor before he died.”

Judge seals ‘person of interest’ records from Barry and Honey Sherman murder investigation. Thousands of pages remain redacted

The Star continues to argue the documents should be unsealed so that Toronto police investigators’ missteps can face public scrutiny.

www.thestar.com

Just before the murders, Barry seemed to be most concerned about his law suit debt and ‘continued hostility’ with JS and the expected repayment of his loans, IMO. Although him mentioning the issues with his cousins is a possibility.

Also, KD makes it sound as though there’s still a possibility that a 911 call from the home was missed.

Also from the article, KD wrote that he suggested to the judge that the POIs were identified due to speculation of witnesses. If there was proof, there would have been an arrest by now.

I’ve heard that argument when it comes to daughter Alexandra’s belief that JS is involved in the killings. But, I’m not sure that I agree.

 

[fadedglitter]

New to me is: “documents that reveal the identities of “many” individuals police speculate were involved in the killings, including information Barry provided to his own doctor before he died.”

Judge seals ‘person of interest’ records from Barry and Honey Sherman murder investigation. Thousands of pages remain redacted

The Star continues to argue the documents should be unsealed so that Toronto police investigators’ missteps can face public scrutiny.

www.thestar.com

Just before the murders, Barry seemed to be most concerned about his law suit debt and ‘continued hostility’ with JS and the expected repayment of his loans, IMO. Although him mentioning the issues with his cousins is a possibility.

Also, KD makes it sound as though there’s still a possibility that a 911 call from the home was missed.

Also from the article, KD wrote that he suggested to the judge that the POIs were identified due to speculation of witnesses. If there was proof, there would have been an arrest by now.

I’ve heard that argument when it comes to daughter Alexandra’s belief that JS is involved in the killings. But, I’m not sure that I agree.

KD is speculating irresponsibly about what might be under the redactions, with zero evidence. His guesses aren’t evidence that those things are in the ITOs.

He also believes, without evidence, that the redactions hide embarrassing mistakes in the investigation.

The police and judge keep saying the redactions are on current investigative theories and information that would identify POIs. He seems not to hear this.

As for the doctor’s statements, here’s what the ITOs say. Portions have always been redacted.

 

[ldlager]

KD is speculating irresponsibly about what might be under the redactions, with zero evidence. His guesses aren’t evidence that those things are in the ITOs.

He also believes, without evidence, that the redactions hide embarrassing mistakes in the investigation.

The police and judge keep saying the redactions are on current investigative theories and information that would identify POIs. He seems not to hear this.

As for the doctor’s statements, here’s what the ITOs say. Portions have always been redacted. View attachment 655160

KD states that “other sources” have told him or the Star that Barry confided in his doctor about some issues that were troubling him related to an ongoing lawsuit and difficulty in paying some debts.

 

[FromGermany1]

When Barry's EQ was low, why did he notice (alleged) abuse by Honey? I wonder. I would think, the abuse was so very penetrating, that even Barry felt it - possibly?