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Gerdt Furniture owners embroiled in $4M court fight

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A family dispute involving the owners of Gerdt Furniture & Interiors Inc. has led to a lawsuit accusing them of owing nearly $4 million in unpaid rent and loans.

Landlord George Gerdt is suing his younger brother, John, and John's wife, Cheryl, in addition to the retail business they operate, in Marion Superior Court.

The lawsuit follows the announced closing in December of the flagship Gerdt Furniture store in Southport, ending a 54-year run for the business. Commercials airing on local television stations say the store is in its final days of a closeout sale, but a salesperson answering the phone at the store said it would be open at least through March.
A Gerdt store in Castleton that opened in 1986 was closed late last year. Gerdt also opened a store along U.S. 36 in Avon in 2006, but closed it in 2009.

According to his complaint, George Gerdt owns the two buildings that housed the furniture stores in Southport and Castleton. He claims Gerdt Furniture & Interiors owes $870,000 in unpaid rent at the Southport location and $580,000 in unpaid rent at the Castleton location.

George Gerdt also says Gerdt Furniture & Interiors defaulted on a $2 million note and owes $408,579 on another loan.

In addition, he accuses John Gerdt of withholding collateral for the two notes, including proceeds from recent “going out of business” sales, the lawsuit says.

Reached by phone, Cheryl Gerdt declined to discuss the lawsuit, saying it’s “a family matter.”

Lynette Gray, a Franklin attorney representing George Gerdt, who resides in Florida, didn't return calls from IBJ seeking comment.

Edward Gerdt, the father of George and John, opened his original Southport store in 1959 after saving enough money to realize his dream of operating his own business. He had been a detective for the city of Indianapolis. The business moved to a bigger Southport store in 1992.

In a statement announcing the closure of the business in December, John Gerdt said, “Gerdt Furniture is a part of the history in Indianapolis and we have loved being a part of so many families’ lives. But there comes a time to move on, and [Cheryl] and I have decided to retire while we can still offer our customers the quality merchandise and service we are known for.”

IBJ is a sister publication of Indiana Lawyer.

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  1. It's a big fat black mark against the US that they radicalized a lot of these Afghan jihadis in the 80s to fight the soviets and then when they predictably got around to biting the hand that fed them, the US had to invade their homelands, install a bunch of corrupt drug kingpins and kleptocrats, take these guys and torture the hell out of them. Why for example did the US have to sodomize them? Dubya said "they hate us for our freedoms!" Here, try some of that freedom whether you like it or not!!! Now they got even more reasons to hate us-- lets just keep bombing the crap out of their populations, installing more puppet regimes, arming one faction against another, etc etc etc.... the US is becoming a monster. No wonder they hate us. Here's my modest recommendation. How about we follow "Just War" theory in the future. St Augustine had it right. How about we treat these obvious prisoners of war according to the Geneva convention instead of torturing them in sadistic and perverted ways.

  2. As usual, John is "spot-on." The subtle but poignant points he makes are numerous and warrant reflection by mediators and users. Oh but were it so simple.

  3. ACLU. Way to step up against the police state. I see a lot of things from the ACLU I don't like but this one is a gold star in its column.... instead of fighting it the authorities should apologize and back off.

  4. Duncan, It's called the RIGHT OF ASSOCIATION and in the old days people believed it did apply to contracts and employment. Then along came title vii.....that aside, I believe that I am free to work or not work for whomever I like regardless: I don't need a law to tell me I'm free. The day I really am compelled to ignore all the facts of social reality in my associations and I blithely go along with it, I'll be a slave of the state. That day is not today......... in the meantime this proposed bill would probably be violative of 18 usc sec 1981 that prohibits discrimination in contracts... a law violated regularly because who could ever really expect to enforce it along the millions of contracts made in the marketplace daily? Some of these so-called civil rights laws are unenforceable and unjust Utopian Social Engineering. Forcing people to love each other will never work.

  5. I am the father of a sweet little one-year-old named girl, who happens to have Down Syndrome. To anyone who reads this who may be considering the decision to terminate, please know that your child will absolutely light up your life as my daughter has the lives of everyone around her. There is no part of me that condones abortion of a child on the basis that he/she has or might have Down Syndrome. From an intellectual standpoint, however, I question the enforceability of this potential law. As it stands now, the bill reads in relevant part as follows: "A person may not intentionally perform or attempt to perform an abortion . . . if the person knows that the pregnant woman is seeking the abortion solely because the fetus has been diagnosed with Down syndrome or a potential diagnosis of Down syndrome." It includes similarly worded provisions abortion on "any other disability" or based on sex selection. It goes so far as to make the medical provider at least potentially liable for wrongful death. First, how does a medical provider "know" that "the pregnant woman is seeking the abortion SOLELY" because of anything? What if the woman says she just doesn't want the baby - not because of the diagnosis - she just doesn't want him/her? Further, how can the doctor be liable for wrongful death, when a Child Wrongful Death claim belongs to the parents? Is there any circumstance in which the mother's comparative fault will not exceed the doctor's alleged comparative fault, thereby barring the claim? If the State wants to discourage women from aborting their children because of a Down Syndrome diagnosis, I'm all for that. Purporting to ban it with an unenforceable law, however, is not the way to effectuate this policy.

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