New York Judge Orders Sale of Harry Winston

Two decades after the death of legendary jeweler Harry Winston, the business he founded is likely to pass out of family hands. Son Ronald Winston, the current president and CEO, vows he’ll sell the business “over my dead body,” but he’s been given little choice by a Westchester County, N.Y., judge. Judge Albert Emanuelli has directed trustees, who hold virtually all the Winston stock, to sell the company and distribute the estate’s assets to Ronald and his younger brother Bruce. The two brothers have waged a costly seven-year legal war over the fate of the firm. Ronald wants to keep control, while Bruce wants the business sold to satisfy his right to half of Harry’s estate. The judge’s decision instructs attorneys for two of the trustee-owners to recruit an investment house to handle the sale. Those attorneys say they already have begun interviewing potential candidat
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