Pinellas-Pasco Circuit Judger George Greer denied a contempt motion by Linda "Hogan" Bollea against her husband, Terry Gene "Hulk Hogan" Bollea, but he also denied a motion by The Hulkster to withdraw from an earlier order to proceed with the purchase of a Las Vegas condominium.

Linda wants to close on the $4.2 million property in Las Vegas. Her attorney claims she doesn't want to lose the down payment and face possible penalties.

Hulk and Linda put down $840,000 on the property in 2005, and were scheduled to close on the property during the Spring. Hulk however, balked at closing on the property. Judge Greer then ordered him to do so.

Hulk's attorney told Judge Greer during a hearing on Tuesday  that the condo did not appraise for as much as Hulk originally thought, and that it would take years to recoup the money.

In his ruling, Judge Greer noted newly discovered evidence.

He also pointed out that Linda obtained an appraisal before his order to close on the property, and that Hulk obtained his own appraisal several weeks after the order.  Hulk's appraisal came in at $1,000,000 less than Linda's.

In a statement issued late Friday, The Hulkster's attorneys said they "are gratified" by the ruling, adding, "...the sole justification for this transaction offered by Linda Bollea and her attorneys--that it is a good investment--redefines cluelessness...Nowhere is this more true than in Las Vegas, which the prominent firm Altos Research just this week called "the weakest U.S. housing market.""

 

Obviously, there is more to come.

 

 

 

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