Tuesday, May 10, 2016

Kindred Bought CFO's House for $2.15 Million


WDRB reported on the lawsuit saga for three neighbors who fought over a shared driveway, amongst other things.  The three share a historic property just outside Louisville, Kentucky.  All were relatively new owner of their respective properties, which included a permanent access easement for the shared driveway.

Mr. Fenley's lawsuit expressed a number of concerns with Mr. Farber's contractors which caused him to offer to build a separate drive for his neighbors.  Fenley and Haynes prevailed in stopping the building of a new driveway.  Their legal stance expressed a number of concerns about Fenley's proposal, including increased difficulty with stormwater control, the removal of large mature trees that were part of a former owner's landscape design and the loss of an aesthetically pleasing entrance.

On December 1, 2015 the parties attempted to mediate their conflict without success.  Oddly, Mr. Farber's employer Kindred Healthcare had their in house attorney attend the personal mediation. The Fenley amended complaint stated Kindred had plats and survey drawings of all three properties drawn up.  That's a high amount of employer involvement in an executive's personal dispute 

This mediation occurred less than a week after Kindred Healthcare gave Mr. Farber an additional $250,000 for "moving expenses."  (Generic Hospice reported on this development November 26, 2015.)

On December 18, 2015 a division of Kindred Healthcare purchased Mr. Farber's home for $2.15 milion.  Farber paid $1.7 million for the home before embarking on a $200,000 + renovation which upset his neighbor.

On December 30, 2015 Kindred began removing the very trees Farber argued to preserve the historic landscape design.  Mr. Fenley asserts in doing so, Kindred damaged his property.

The Fenley complaint has a number of tidbits that color the deterioration of neighborly relations. It reads of strong willed people wanting to have their way.  There is little evidence of civility or the ability to come to conflict resolution in a neighborly manner.  They could not come to resolution with highly paid mediation lawyers. 

Yet, Kindred's Board of Directors chose to take two highly unusual acts.  First, they gave Farber $250,000, on top of the original $110,000 in moving expenses for 2014.  Second, the board bought his house for a premium price then took an action that Farber legally fought against with the aid and support of Kindred's legal counsel and contractors.

One Kindred employee received $360,000 in moving expenses in twenty one months.  We have hospice employees who it will take nearly fifteen years to make in wages Farber's Kindred moving benefit.

It's good WDRB reported on the story.  It's sad priorities are skewed for executives lacking the basic skills to resolve conflict.  Frankly, we see the same distortions at our local hospice site.

Anonymous (from Kindredview Avenue)

1 comment:

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