Lawyer Seeking $22M in Final Dissolution of Irene Diamond Fund

Friday, May 20, 2016

Lawyer Seeking $22M in Final Dissolution of Irene Diamond Fund

A lawyer is trying to siphon a $22 million fee from a $40 million gift to elder-care charities made by a late Hollywood talent scout and her husband, the Manhattan philanthropist’s foundation charges in a new lawsuit.

The Irene Diamond Fund — established by the late Irene and Aaron Diamond — wants to give $40 million to programs for the aging.

But the money is tied up in a Roosevelt Island Mitchell-Lama building in which Aaron was an investor, the suit says...

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