Bush-connected company won in court on September 12, 2001
by margieburns on Thu 02 Nov 2006 03:29 PM EST | Permanent Link
In a brief unpublished opinion, the California court system handed an obscure and now-defunct security company called Securacom one of its few court wins. The date was memorable -- September 12, 2001.
Securacom, as readers may recall, was the previous name of a security contractor renamed Stratesec. Its board of directors throughout the 1990s included Marvin Bush, youngest brother of George W. Bush. It was headed by Wirt D. Walker, who also headed two other now-disbanded companies, Aviation General (formerly Commander Aircraft) and the Kuwait-American Company (KuwAm). It was capitalized largely with funding from Kuwaiti royals; a member of the ruling al-Sabah, Mishal al-Sabah, a longtime friend and business associate of Walker’s, also held company positions and sat on the board of directors.
The unpublished ruling reads in full,
“Information Systems and Networks Corporation, Cross-complainant and Appellant v. Securacom Inc., Cross-defendant and Respondent
S099607
SUPREME COURT OF CALIFORNIA
2001 Cal. LEXIS 6179
September 12, 2001, Decided
NOTICE: [*1] DECISION WITHOUT PUBLISHED OPINION
PRIOR HISTORY: Appeal from First Appellate District. Division One. No. A091315.
OPINION: Petition for review DENIED.”
The company was notable chiefly for its bigtime, longterm clients including the World Trade Center and Dulles Airport; for its repeated infusions of capital in spite of a track record of questionable financial management; and for its connections to the Bush family.
With all the press attention given, somewhat belatedly, to longtime ties between the Bushes and the Sauds, the fact that the ruling family of Kuwait has also looked after Bush family interests for years has been to some extent overlooked.
by margieburns on Thu 02 Nov 2006 03:29 PM EST | Permanent Link
In a brief unpublished opinion, the California court system handed an obscure and now-defunct security company called Securacom one of its few court wins. The date was memorable -- September 12, 2001.
Securacom, as readers may recall, was the previous name of a security contractor renamed Stratesec. Its board of directors throughout the 1990s included Marvin Bush, youngest brother of George W. Bush. It was headed by Wirt D. Walker, who also headed two other now-disbanded companies, Aviation General (formerly Commander Aircraft) and the Kuwait-American Company (KuwAm). It was capitalized largely with funding from Kuwaiti royals; a member of the ruling al-Sabah, Mishal al-Sabah, a longtime friend and business associate of Walker’s, also held company positions and sat on the board of directors.
The unpublished ruling reads in full,
“Information Systems and Networks Corporation, Cross-complainant and Appellant v. Securacom Inc., Cross-defendant and Respondent
S099607
SUPREME COURT OF CALIFORNIA
2001 Cal. LEXIS 6179
September 12, 2001, Decided
NOTICE: [*1] DECISION WITHOUT PUBLISHED OPINION
PRIOR HISTORY: Appeal from First Appellate District. Division One. No. A091315.
OPINION: Petition for review DENIED.”
The company was notable chiefly for its bigtime, longterm clients including the World Trade Center and Dulles Airport; for its repeated infusions of capital in spite of a track record of questionable financial management; and for its connections to the Bush family.
With all the press attention given, somewhat belatedly, to longtime ties between the Bushes and the Sauds, the fact that the ruling family of Kuwait has also looked after Bush family interests for years has been to some extent overlooked.
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