Borislow lawsuits go on

The Palm Beach Post reports today, in a story behind a paywall that required three incredibly frustrating efforts to sign up, that Dan Borislow’s estate has not been settled because of several lawsuits and claims.

The lawsuits and claims against him:

  • $674,000 to Palm Beach Kennel Club, where he won $6.67 million and change on one race card in May but placed many more bets last year. Borislow’s wife has disputed the claim.
  • $3.3 million to one Michael Ciprianni of Palm Beach Gardens.
  • $6 million to the IRS. He and his wife challenged that claim in U.S. Tax Court in 2011.
  • $200 million against Borislow and his former company, magicJack, from a Miami company called, claiming infringement on NetTALK’s technology to make magicJack Plus. That was filed in 2012. Borislow scoffed mightily at the time.

But Borislow had a couple of suits going the other way as well, though they’ve both been settled:

  • Against Canaccord Genuity Group for negative remarks from one of their analysts.
  • Against magicJack for $20 million. Yes, his former company. The suit is posted at Scribd and is worth a perusal just for the opening reminder that magicJack “would not exist and would not be successful if it were not for Borislow’s Herculean dedication, investment, effort, and ingenuity for almost a decade.” The company’s CEO also said “would not exist without him” in an earnings call soon after Borislow’s passing.

There’s not much else to say. I spent a bit too much time on Google and my favorite legal sites, and I can’t really add anything. We can only hope for the sake of Borislow’s family that this all wraps up soon and brings them some peace.

Published by

Beau Dure

The guy who wrote a bunch of soccer books and now runs a Gen X-themed podcast while substitute teaching and continuing to write freelance stuff.

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