Two longtime associates of Harry Helmsley are suing the real estate tycoon and his wife, Leona. Irving Schneider and Alvin Schwartz claim that since Harry Helmsley's physical and mental condition deteriorated to the point where he could no longer play an active role in the management of his businesses, Leona Helmsley has blocked payments due them under their lifetime employment contracts. They also allege that Leona Helmsley has "looted" the Helmsley/Spear concern in which they are minority shareholders, transferring assets to other components of Helmsleys' businesses.
Here's the lawsuit, filed in New York state court on May 6, 1996.
