Christian Laettner Avoids Jail Time After Judge Rules He’s Not in Contempt

A couple of former Duke basketball stars, Christian Laettner and Brian Davis, will avoid a situation in which they could’ve been ordered to serve jail time after a judge ruled they are not in contempt of court. Instead, the two will have to disclose their assets and wait for a separate ruling (most likely a fine of sorts) in a civil suit that was brought against them that claimed the two defaulted on a loan for a development project. The Herald-Sun has the details: “Former Duke University basketball stars and downtown developers Christian Laettner and Brian Davis avoided an outcome that could have resulted in possible jail time when a judge found Friday that they were not in contempt of court. U.S. District Court Judge Beryl A. Howell for the District of Columbia gave Laettner and Davis two weeks to disclose their assets and liabilities to a creditor that filed suit against them in 2009. Laettner and Davis are two of three original developers who started the rehabilitation of West Village from a group of tobacco factories and warehouses. Friday’s hearing was not held in response to a civil action stemming from debts owed from the West Village project. It was held in connection to a civil suit brought by J.D. Holdings LLC against Laettner and Davis claiming that the two, as owners of the Washington, D.C., company BD Ventures, defaulted on a $500,000 loan made in 2006 for development of a Baltimore property. In February, the court granted J.D. Holdings LLC’s request for a default judgment in the amount of $671,309.74, according to court documents. Following the judgment, the creditor made requests for the disclosure of the debtor’s assets and liabilities, but they ‘wholly disregarded the requests and failed to appear at their properly noticed depositions,’ the creditor said in a court filing.”