Cross Posted at Legal Schnauzer
Many progressives probably have heard so much about "pro family" Republicans that they could almost hurl.
If you are such a progressive, you will really want to hurl when you read about one deep-pocketed Republican and his display of "family values" in an Alabama courtroom. We're talking about Ted W. Rollins, CEO of Campus Crest Communities and the driving force behind a recent Wall Street IPO that is estimated at $380 million.
Rollins is part of the family behind Orkin Pest Control, one of the wealthiest clans in America, with deep ties to the Republican Party. In Alabama court documents, however, Ted Rollins portrayed himself as a relative pauper, causing his ex wife and two daughters to live on the kind of support that might be expected from a janitor.
Sherry Carroll Rollins, his ex wife, and their daughters, Sara and Emma, have almost been on welfare and food stamps. At one point, they would have been homeless if an Alabama friend had not intervened. But that doesn't seem to bother Ted Rollins. After all, he has a $380 million IPO. And that's from just one of several companies he has helped spearhead over the past 20 years or so.
Here is all you really need to know about Ted W. Rollins: He is head of a company that recently issued a $380 million IPO, and court documents indicate his family is worth billions (with a "b"). But thanks to the extremely curious actions of Alabama judge D. Al Crowson, Rollins pays $815 a month in child support (that's the total, covering both children) and $500 a month in alimony.
For good measure, Crowson found that Ted Rollins had overpaid Sherry Rollins by $8,795, and he was ordered to offset his alimony payment by $300 a month until the overpayment was paid in full. That means Sherry Rollins received $200 a month alimony for more than two years. And that's from an ex husband who, based on court documents, appears to be a millionaire several times over.
Thankfully, I have no personal experience with divorce or child-support issues. But I'm told that $815 and $500 a month are the kind of child support/alimony that might be ordered from a salary-earning schmuck like myself. That it was ordered for a member of the Rollins family, the folks behind Rollins Inc. and its numerous highly profitable enterprises, is dumbfounding.
No wonder Ted Rollins wanted to have the divorce case unlawfully moved from South Carolina to Alabama. As we reported yesterday, Sherry Rollins had sued for divorce in Greenville, South Carolina, where the family had lived, and adultery was one of the primary grounds she cited. A South Carolina judge had issued a temporary order that called for Ted Rollins to pay $3,355 a month in child support, $5,000 a month in alimony, and continue paying the mortgage, taxes, and insurance on the marital home.
When the mortgage went unpaid, Sherry Rollins and her children were forced from their home. Mrs. Rollins fled to Alabama, where her two sons from a previous marriage were living. Contrary to black-letter law, Ted Rollins was allowed to sue Sherry Rollins in Alabama and wound up with a reduction of roughly $2,500 in his monthly child support and $4,500 in his monthly alimony.
What a deal! No wonder this guy's rich.
How did he pull it off? Hold on to your breakfast because you are liable to loose it when you read what comes next.
Court records indicate that Ted Rollins' current child support/alimony payments are based on a Child Support Obligation Income Statement/Affidavit, known as a Form CS-41 in Alabama. (See Ted Rollins' CS-41 form at the end of this post.)
Ted Rollins listed his gross monthly income as $4,166.67, which comes to $50,000.04 a year. That's real close to what I made as an editor before I was cheated out of my job at the University of Alabama at Birmingham (UAB).