Heirs to Jim’s Restaurants founder battle over family business, fortune in San Antonio probate court
Jim and Veva Hasslocher with their daughter, Susan Hasslocher, at Hasslocher Enterprises Inc.’s headquarters in 2002. Susan and her sister Caryn have sued their brother Jimmy over their father’s estate.Less than four months after Susan had taken the helm, Jim and Veva outlined for their children in the 2002 letter on company letterhead how they had been working on “establishing a structure and mechanism for ownership and control of Hasslocher Enterprises.
“We truly believe that we have set up a plan that will ultimately benefit each of you and all of you; and it is our desire that each of you honor our wishes and not undertake to challenge or otherwise alter our plans.” Veva had made her will in 1998, with updates in 2002 and 2003. Julie alleged her mother made a new will in 2006 and asked the court to order the accountant for Veva’s estate to produce it. No such will was ever turned over, however. Veva’s estate was valued at almost $3 million.
The following year, Caryn filed another motion with a host of demands, including requiring the return of all assets that her father allegedly seized from Veva’s estate. Veva’s 18.5 percent interest in the family partnership, for example, was her own property and did not belong to Jim, Caryn said in the filing.
In the latest version of the complaint, filed in July, Caryn and Susan accused Jimmy; Hartman, the company’s general counsel; and its now-former CFO of conspiring to breach their fiduciary duties and of unjust enrichment. Around the same time, Jimmy sent letters to the restaurants roughly 1,000 employees informing them that they had been furloughed.
The sisters hired San Antonio private investigator Gary Ploetz, a former IRS agent in the criminal investigations division, to dig into Hasslocher Enterprises’ finances. He reviewed general ledgers from 2008 to 2019. Ronald Shaw, an attorney representing Caryn and Susan, asked Jimmy during April’s deposition when he planned to repay the money he allegedly owed the company.
Seats at the counter at the Jim’s Restaurant at Blanco Road and Loop 1604 in San Antonio were off limits during the pandemic. Jim’s Restaurants have not been able to resume operating around the clock because of difficulty finding workers.Jimmy has made the family business “his own fiefdom,” Caryn said in her 2019 deposition.
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