Three separate memorandums filed April 21 outline why claims made against Ahmed Zayat, his son Justin Zayat, and the entire Zayat family by MGG Investment Group, which loaned tens of millions of dollars to Zayat Stables, should not be settled by a Kentucky court. "The documents were executed in New Jersey and the Zayat family did not travel to Kentucky to engage in any transaction related to the transfer of the AP breeding rights," the memorandums state. He stated that he thought the brothers were professional gamblers and that they had financial need. Happened to Demaryius Thomas Death Cause Car Accident How Did he Die entered Nehro, who finished to! Bunnell did exclude other members of the Zayat family, which collectively include Joanne Zayat (Ahmed's wife) and siblings Benjamin, Justin Zayat, racing and stallion manager of Zayat Stables, which owns American Pharoah, said Monday that his family's victory is a good sign In 2012, Zayat Stables horses Bodemeister and then Paynter ran second in each of the three legs of the Triple Crown. Latest Wiki, Bio, Age, Arrested, Daughter Died, Who is Jefferson da Silva Lima? The horses of Zayat Stables began to earn race purses in 2006. Zayat said the bank was using scorched earth tactics and accused it of trying to put him out of business, explaining that had he known the bank would not extend his loans, he would have sold enough horses to make his payments. He also owed several horse breeders for stud fees. (adsbygoogle=window.adsbygoogle||[]).push({}) Click Here to sign up for a free subscription. The Trustee's investigation also has revealed a substantial number of misstatements and omissions in the Debtor's bankruptcy schedules that were only uncovered through the issuance of Rule 2004 subpoenas to third parties, including overstatements of outstanding debt totaling hundreds of thousands of dollars. Gen. Baffert and his wife, Jill, are confirmed to open the exhibit on Sunday, May 1. Ahmed Zayat's attempt to get out from under $19 million in debt has reached yet anotherand purportedly intentionallegal bottleneck. "The locus of a general intangible, including any of the AP breeding rights, is the owner's domicile. The noise was deafening., Zayat, 25, who runs Zayat Stables with his father Ahmed Zayat, said they knew their homebred horse could win the minute they saddled him up that day. Justin is 23 and just graduated from NYU this. Ahmed Zayat and his wife, Joanne, live in New Jersey; Justin Zayat lives in New Jersey, where Zayat Stables is based; the Zayats' daughterAshleylives and operates a jewelry company in Miami; son Benjamin goes to college in New York; and daughter Emma resides in New Jersey and will attend college in New York in the fall. And hes a clean-cut, good, smart individual., The suit feels great! Switching horses in the 2012 Belmont Stakes, Zayats colt Paynter also finished second. Ahmed Zayat and his son Justin, who is also the stables racing manager, have been the spokesmen for American Pharoah through the media and Twitter. Their eldest son, Justin, helps run the Zayat Stables operation, and their youngest, Emma, inspired the name of Littleprincessemma, dam of American Pharoah . That dream came true, and American Pharoah became the first horse to win the coveted title in 37 years. Im managing assetsthough in our case, the assets are horses.. Stating that Fifth Third was reneging on its promises, Zayat filed a countersuit in April 2010, alleging the bank engaged in deceptive and predatory lending practices. Given the overwhelming allegations of fraud and expected sought-after delay, the Chapter 7 Trustee simply cannot wait any longer for access to the Cloud, the filing states. The Zayats' attorney argues that all nine breeding rights had been transferred from individual family members to the ownership of Zayat Stables, so any claims regarding these transactions can no longer be extended to the individuals. Zayat firt entered Thoroughbred racing in 2005, nd h bn a major force n th racetrack nd in th sales ring vr since. For his struggle to return to health, Paynter won NTRA Moment of the Year Award and Secretariat Vox Populi Award. The racing stock have been in training with multiple trainers including Bob Baffert, Mark Casse, D. Wayne Lukas, Todd Pletcher, Dale Romans and others. As of 2015, Zayats horses include American Pharoah and 13 other Grade I winners. Although New York also stated that they were investigating, there were no news reports of any adverse action. Fax : +82-2-3218-2222 . These are the best recent pieces of investment writing from some of the most respected money managers and investment researchers in the world. Ridiculus sociosqu cursus neque cursus curae ante scelerisque vehicula. Zayat owed about $2.4 million to the Keeneland Association, and $1.2 million to other creditors including clinics, horse transport companies, boarding farms, and trainersamong them Bob Baffert. The horses of Zayat Stables began to earn race purses in 2006. Ultimately, consistent with Zayats tendency to retain a financial interest in his stallions, he sold an undisclosed share in the stallion to Jess Jackson and retained some breeding rights. Zayat returned to Egypt in 1995 and formed an investment group, which purchased the Al-Ahram Beverages Company in 1997, outbidding Anheuser-Busch and Heineken International. Worse, their counsel has engaged in extensive redactions of the bank account statements they did produce based upon nothing but their own unilateral determinations of relevance, and has also simply omitted bank records for important periods, the filing continued. On March 10, 2014, a lawsuit against Zayat was filed in the United States District Court for the District of New Jersey. In 2015, in the midst of taking his final exams at New York University, Zayat found himself juggling his college graduation with American Pharoahs incredible run at Belmont Stakes. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Tsuyoshi Takashiro Wiki, Bio, Age, Wife, Net Worth, Ramadan Ndreu Wiki, Bio, Age, Wife, Net Worth, Alex Michel Wiki, Bio, Age, Wife, Net Worth, Ken Niumatalolo Wiki, Bio, Age, Wife, Net Worth, Patty Sullivan Wiki, Bio, Age, Husband, Net Worth, Tony Chapron Wiki, Bio, Age, Wife, Net Worth. Mr. Zayat gt hi Masters degrees in business nd public health frm Boston University. 16 that The Debtor has been extremely cooperative with the Trustee [and has] provided to the Trustee significant documentation respecting his financial affairs. Jump into read her life Facts, Wikipedia and biographies Details Contents1 Patty Sullivan Biography Wiki2 Fast Facts You Need To Know3 BirthName, Nickname, and Profession4 Age, Birthdate, Religion, and BirthPlace5 Height, Weight, And, Read More Patty Sullivan Wiki, Bio, Age, Husband, Net WorthContinue, FacebookTwitterRedditPinterestEmail Tony Chapron is a 50-years-old French Referee from the France. Justin Zayat has confirmed that multiple graded stakes winner El Kabeir will not run in the Kentucky Derby. p: (800) 647-6571 H h bn passionate but horses nd th sport f horse racing vr since. MGG has previously asserted in court that loans it made in 2016 to Zayat's racing and bloodstock business were the product of years of systematic fraud that Zayat allegedly orchestrated, including Zayat Stables' desperate selling-off of equine assets that had been pledged to MGG as collateral. He stated that he thought the brothers were professional gamblers and that they had financial need. Such purported failure to notify MGG of the disposition of collateral is allegedly a breach of the loan documents," the memorandum filed on behalf of Ahmed Zayat states. Especially me, as a younger individual in a sport where its mostly older people, I dont want to look as if Im dressed like a kid. The plaintiff, Howard Rubinsky, was an associate of the Jelinskys who had also pleaded guilty in the illegal betting operation. His suit alleged breach of contract, claiming that Zayat failed to pay off a $1.65 million line of credit in 2004. Along her husband Joanne owns Zayat Stables LLC, but their biggest triumph are his lovely and amazing children Ashley, Justin, Benjamin and Emma. Th horse, Nehro, w originally t th 19 post, but in n f th favorites, Uncle Mo, dropped ut a fw days bfr th race, Nehro moved t post 18, but sadly finished in nd place, bhind Animal Kingdom. B. McKathan. Remember Ben with a gift to Thoroughbred aftercare, Subscribe for FREE to the Daily PDF or the News Alerts, Home Archive Top News MGG to Bankruptcy Judge: 'Zayat Is a Perpetual Liar Determined to Hinder and Obstruct'. Making the experience even more rewarding for Zayat was the way he shared it with his wife, family and friends. Justin, a 2015 graduate of New York University, works closely with his father in the Zayat Stables business. The filing continued: Justin Zayat was the President of Zayat Stables, and so far as can be determined his sole source of income during the relevant period was Zayat Stables. As part of the loan package, the bank had a security interest in Zayat Stables horses, prize money, stallion shares and stallion income. Click here to sign up for the daily PDF or alerts. Whether hes on the track with horses and trainers or rubbing elbows with high-end race attendees, Zayat ensures hes dressed for the part. Click here to sign up for the daily PDF or alerts. He has entered horses in the Breeders Cup races 16 times, with his best result a fourth-place finish in 2007. Your TDN download has begun. They have watched from the Churchill Downs stands as their horse opened a lead 2023 NYP Holdings, Inc. All Rights Reserved, American Pharoah is now permanently hitched to the '21' Club, American Pharoah's run in the Haskell is all about the people, Justin Zayat's amazing ride carries on beyond Belmont glory, For relaxed Bob Baffert, this Triple Crown shot is much different, How American Pharoah will spend the biggest day of his life, Justin Zayat: One tip is helping me enjoy this Triple Crown ride, American Pharoah acting like his powerful self in final workout, Justin Zayat: American Pharoah's Preakness has me on 'Cloud 99', American Pharoah feeling like 'a billion bucks' before Preakness, Justin Zayat: American Pharoah will 'earn' Preakness from rail, American Pharoah has given Justin Zayat a 'surreal' week, This racing family has big shot to finally capture elusive Ky. Derby, Jen Shah posts, deletes cryptic message about the truth after prison sentencing, Kardashians are confused, concerned about Kanye Wests new marriage, Jinger Duggar grew up ruled by fear in cult-like religious family, Sutton Stracke: I want to fight bossy ex-RHOBH co-star Lisa Rinna, The View Derailed by Audience Member Calling Whoopi Goldberg An Old Broad. Back on June 4, the trustee issued a Rule 2004 subpoena to Zayat's wife, Joanne Zayat, and three of their four children, Emma, Benjamin and Justin Zayat. In December 2009, Zayat was sued by Fifth Third Bank for an alleged $34 million in unpaid loans. Specifically, the trustee wanted to see detailed information from the family's allegedly intermingled accounts with banks, credit card companies, other lending-related institutions. 52-year-old Joanne Kranz Zayat, she was born in Teaneck, New Jersey. Regarding the allegations of fraud in addition to breach of contract, the Zayats' attorney argues that all of MGG's allegations of fraud are actually purported misconduct related to the loan agreements. For his struggle to return to health, Paynter won NTRA Moment of the Year Award and Secretariat Vox Populi Award. CLICK HERE TO SUBSCRIBE TO THE TDN FOR FREE! As part of his reorganization plan, he was to sell a number of horses, including 100% of his Grade I-winning horse Eskendereya. A. 16 United States Bankruptcy Court (District of New Jersey) filing. Mr. Zayat will have access copies to any information on the Cloud once it is secured; thus there is and will be no prejudice to Mr. Zayat or his family members, the filing states. As a result, the racing commissions in California and Kentucky opened investigations on Zayat; racing licensees are not to associate with bookmakers or convicted felons. The primary role of a trustee in bankruptcy cases is to ensure that a debtor who files for federal bankruptcy protection is not hiding assets that could instead be used to pay creditors. Found insideFinally, in the autumn of 2014, things were definitely looking up for Ahmed Zayat. And that included the contents of his stomach. Without Fear Crossword Clue, Al-Ahram had been owned by the Egyptian government and Zayat had helped find American investors to take over government-owned businesses that had been nationalized by Gamal Abdel Nasser back in the 1950s. The trustee's request to the judge on Friday capped a week of drawn-out, back-and-forth demand letters and phone conferences between the trustee and Zayat's legal team over whether and how the access to his cloud-storage records would be granted. His daughters were the inspiration for the names of two race horses, stakes-winner Point Ashley, who in turn inspired daughter Ashleys costume jewelry business name; and Littleprincessemma, dam of American Pharoah. The day after his horse became the first Triple. In 2011, Zayat hd a horse in th 137th running f th Kentucky Derby. Not only can a trustee file an objection if aspects of the filing don't seem legit, but if alleged fraud is uncovered in a bankruptcy petition, the Federal Bureau of Investigation can investigate, and the U.S. Department of Justice can prosecute. The primary role of a court-appointed trustee in a bankruptcy case is to ensure that a debtor who files for federal bankruptcy protection is not hiding assets that could instead be used to pay creditorsmany of whom in Zayat's case are Thoroughbred trainers for his now-liquidated racing stable and various racing- and bloodstock-related entities. This story was posted in Shared News, Top News and tagged Ahmed Zayat, Jeffrey Testa, T.D. Zayat lives in Teaneck, New Jersey with his wife, Joanne. I ll have another 214 sq had also pleaded guilty in 2009, Zayat keeps! In 2008, Zayat was North Americas leading owner by earnings. Jeffrey Wolfe Murder Case Update Everything To Know, Rodeo: How Old Is Josh Frost Wife Erika Frost? (International Clinic closed every Sunday), Jaseng Spine and Joint Research Institute, Motion Style Acupuncture Treatment (MSAT), 536, Gangnam-daero, Gangnam-gu, Seoul, Korea, +82 (2) 3218 2225(Min), +82 (2) 3218 2223 (Saeun). f: (732) 747-8955. An objection to a bankruptcy protection plea can be filed if a trustee believes aspects of the required documentation are not on the up-and-up. Fifth Third alleged that Zayat was in default because he failed to make two payments in 2009. You have never felt a stadium with such excitement, Zayat recalled. Notably, the [Zayats] have made only paltry productions in response to the subpoenas directed to them. The only race they missed was the Travers. The records containing Zayats name were later redacted, but an internal email indicated that Zayat had wagered a total of at least $8.3 million. Jump into read his life Facts, Wikipedia and biographies Details Contents1 Alex Michel Biography Wiki2 Fast Facts You Need To Know3 BirthName, Nickname, and Profession4 Age, Birthdate, Religion, and BirthPlace5 Height,, Read More Alex Michel Wiki, Bio, Age, Wife, Net WorthContinue, FacebookTwitterRedditPinterestEmail Ken Niumatalolo is a 57-years-old American American football player from the United States of America. The fact that Debtor's principal and his family members supposedly decided to mix business and non-Debtor affairs does not negate Debtor's statutory duty to turn over property of the estate and recorded information to the Chapter 7 Trustee, the filing asserts. Wiki, Bio, Age, Missing, Police Report. Upon returning to the United States for good in 2007, he made his racing stables his full-time occupation, working with his son, Justin, to build the business. Joanne Zayat, the Debtor's wife, was the recipient of over $1 million dollars of direct transfers from Zayat Stables. But for the female members of the Zayat family, their voice has not been heard, despite all the emotions that have run rampant this year. While residing primarily in New Jersey, the Zayats also have residences in New York, Egypt and London. Red Bank, NJ 07701, p: (732) 747-8060 . 16, Ahmed Zayat asked a federal judge not to grant the trustee in his bankruptcy case extra time that had been requested to scrutinize Zayat's finances so the trustee could make sure the owner and breeder of Triple Crown champ American Pharoah was telling the truth about not being able pay $19 million in debts because he allegedly only had $314.22 to his name. Although Mr. Zayat has represented that the Cloud is secure and that he is aware of his obligations, the longer the information on the Cloud remains in the hands of Mr. Zayat the more susceptible it is to manipulation or destruction, and this ongoing and unreasonable delay impedes the Chapter 7 Trustee's investigation.. A judge can also deny the discharge of a particular debt. I want people to look at me and say, He has class. by | Apr 20, 2021 | Uncategorised | 0 comments | Apr 20, 2021 | Uncategorised | 0 comments Everything On Her Net Worth And More, Australian Editor: Where Is Julian Assange Now? Dennis Fung Wikipedia, , Journalist: is Lacey Swope Pregnant New commandment to love one another as he loved them deciding! hofstra university track and field recruiting standards, activity two: attacking hereditary monarchy, why did chelah horsdal leave when calls the heart, how to recover deleted messages on tiktok, does homeowners insurance cover generators. After months of legal skirmishes over the ownership of property associated with a breach of contract and fraud lawsuit brought by a New York investment firm, the Zayat family is seeking to have the entire case dismissed due to a lack of jurisdiction. On June 23, the four above-named Zayat family members (the movants) asked the court to quash the trustee's subpoena, alleging that Each Subpoena is exceptionally broad and seeks wholesale financial records and other personal and proprietary financial information regardless of whether it has any relationship whatsoever to the Debtor or the Estate., In the trustee's July 13 memorandum in opposition to that proposed quashing, Biase contended that the motion to quash is an exercise in gamesmanship, obstruction, and delay. There is simply no valid reason why the Chapter 7 Trustee should not be granted access to independently secure the Cloud. Even without many of the requested documents, Biase was able to trace a number of financial transactions he found questionable between Zayat Stables and Ahmed Zayats wife, Joanne, son Justin and other family members. Also, all the transactions were conducted outside Kentucky, so, again, the memorandum states, jurisdiction in Kentucky does not apply. A judge can either dismiss a case on his own or by acting on a trustee's objection. (Photo by Eclipse Sportswire) By Tom Pedulla, Americas Best Racing LOUISVILLE American Pharoah took the first step toward the greatness many project for him when he powered down the stretch to a one-length victory over Firing The Zayat family lives in Teaneck, New Jersey with his wife, Joanne. All cases were resolved with a settlement agreement in July 2010, seven months after the initial suit was filed. As a senior at NYU, Ahmed and Justin Zayat have lived the dream. MGG is a Delaware limited partnership based in New York. Ahmed Zayat (blue suit) hoists the Belmont Stakes trophy surrounded by family and other connections after American Pharoahs 2015 Triple Crown victory, Death of Jockey Whisman Shatters Those Who Knew Him, Belmont Park Spring/Summer Stakes Schedule Announced, Dettori Confirmed for Saudi Cup Jockeys Challenge, Pletchers Honored for Support of Backstretch Community, Flightline, BC Classic Honored at World Racing Awards, Forte Expected to Return to Work Tab in a 'Week Or So', Plus News, Analysis, Entries, Results & Replays, Prospective Pinhooks: 2023 Fasig-Tipton Winter Mixed, Veinot on First Sales Venture at Keeneland, Grace McEntee Joins Turfway Jockey Colony, Lukas and Asmussen History Goes Back Generations, Envelopes Await: A Look at the Closest Eclipse Races, Betsy Blue Gets More Ground in Interborough. If the download does not complete, Click Here. His net worth has been growing significantly in 2019-2020. In 2010, Zayats pre-race favorite Eskendereya w withdrawn frm th Derby ix days bfr th race with a leg injury. So to get their respect and their attention so they would actually listen to me was a steep (learning) curve, Zayat said. her estimatednet worthis $1 Million to $5 Million Approx. After the company was purchased by Heineken in 2002, Zayat stayed on a few more years but also began investing in racehorses and established Zayat Stables in 2005. FacebookTwitterRedditPinterestEmail Tsuyoshi Takashiro is a 57-years-old Japanese Film director from the Japan. Click here to sign up for the daily PDF or alerts. In 2015 the operation stood 13 breeding stallions at stud. Thornton, Zayat bankruptcy. In 2011, Zayat entered Nehro, who finished second to Animal Kingdom. 60 Broad St. Silvadene Cream Otc Walmart, While the selling percentage and price were confidential, Zayat Stables reported income to the bankruptcy court for the month the deal closed was $7.5 million. 52-year-old Joanne Kranz Zayat, she was born in Teaneck, New Jersey. big air 42 industrial drum fan parts; Blog ; 13 Dec, 2021 by ; truman scholarship reddit; fncmx vs qqq; Tags avid cnc 4848 pro. JERRY CRAWFORD (Keen Ice's owner): Thank you for This is the definitive history of thoroughbred racing's three premier events, which have never before been explored in such detail. Justin Zayat said job requirements will keep him from attending the $900,000 Rebel Stakes (G2) for 3-year-olds Saturday at Oaklawn. Ahmed Zayat; his wife, Joanne; and their children Ashley, Benjamin and Emma traveled from their home in Teaneck, N.J., to Egypt on Tuesday for business and a family wedding. Zayat Stables successfully completed its Chapter 11 reorganization, but Zayat was next plagued by legal issues related to his penchant for betting large sums of money on horse racing. He handled the logistics of any injuries and helped manage the business side of the stables, including the scouting and purchasing of new horses. How rich is Ahmed Zayat? "MGG's fraud allegations primarily concern the allegedly fraudulent scheme whereby defendants sold 'collateral pledged to secure the loans, including equine collateral, without obtaining MGG's consent or otherwise notifying MGG as required by loan documents or paying MGG the proceeds of these Collateral sales.' According to the filing, just when the trustee thought the parties had agreed on safeguards that would satisfy Zayat's concerns about not wanting anyone to read his family's personal emails, Zayat on Apr. In 2011, Zayat hd a horse in th 137th running f th Kentucky Derby. his estimatednet worthis $1 Million to $5 Million Approx. f: (732) 747-8955. To his right, wife Joanne is lamenting the fact the three-year-old horse called American Pharoah is going to be pipped to the winning post Stating that Fifth Third was reneging on its promises, Zayat filed a countersuit in April 2010, alleging the bank engaged in deceptive and predatory lending practices. This proposed process was simply a close cousin of Mr. Zayat's previous proposals designed, in the Trustee's view, to dictate and control the process contrary to law [and] leave the Cloud unsecured, delay, and make Mr. Zayat the lynchpin of any document search and review, the filing states. amherst college medical school ranking On the Sunday prior to the Derby, Eskendereya was withdrawn from the race and subsequently retired to stud due to a soft tissue injury that would have taken at least a year to heal. Apr 24, 2020 Really furious about Chinese and how they treat us and our drug companies. (adsbygoogle=window.adsbygoogle||[]).push({}) Justin Zayat, son of American Pharaoh owner Ahmed Zayat, throws up on national television following win at Kentucky Derby. It was from Bob Baffert, the trainer of a record seven Haskell Invitational winners. Hi, I am Justin Zayat, a Proud Partner and Vice President of Development at Zayat Global Energy Holdings LLC, where I lead the business things from the inside out. Joe Drape of The New York Times described Zayat as "controversial" and "one of the most successful and flamboyant owners in thoroughbred racing." Explore Ahmed Zayat Wiki Age, Height, Biography as Wikipedia, Wife, Family relation. It kills me and tore me part, not being transparent with you, Zayat allegedly wrote at the time, apparently in an effort to stave off the impending legal action. Baffert's wife, Jill, is the family's voice of reason. Justin was growing nicely into his role as the stable's racing manager, allowing his father to focus on the business of breeding. Zayat Stables creditors unanimously approved the repayment plan. Justin Zayat's company, JPZ Holdings, has also received millions of dollars in payments from the Debtor's brother and creditor, Sherif Zayat. Justin Zayat (second from right) celebrates a win with Team Zayat and jockey Victor Espinoza (far left) at Oaklawn Park earlier this season. The Zayats' latest filing first and foremost seeks to have the case dismissed for lack of jurisdiction. Click Here to sign up for a free subscription. In that document, the legal team for the trustee wrote that because of the serious and disturbing allegations of fraud at play in this case, the court should not leave it to chance that Mr. Zayat or his designees will act competently to maintain the integrity of the evidence. In addition, Zayat paid $1.6 million for the highest-priced horse at the 2006 Fasig-Tipton Saratoga select yearling sale, a filly by Empire Maker named Mushka, whom he resold in 2008 for $2.4 million. Testa now wants the judge to compel turnover of Zayat's trove of electronic records, and to direct Zayat to cooperate with the investigation, according to an Apr. Justin Zayat is the Racing & Stallion Manager for Zayat Stables and is the son of its founder, Ahmed Zayat, who started the stable in 2005. Joanne Zayat: American Pharaoh's Owner Ahmed Zayat's Wife. Zayats bankruptcy revealed other problems. Joanne Zayat was also directly involved in obtaining loans from close friends and acquaintances for the benefit of the Debtor and/or Zayat Stables, and she has recently been repaying one of those creditors out of a bank account held in the name of her speech pathology business. While residing primarily in New Jersey, the Zayats also have residences in New York, Egypt and London. Bank, visithttp://www.josbank.com/expert-advice. The day after his horse became the first Triple. Wiki, Bio, Age, Career, Husband, Net Worth, York County teacher (KRISTEN-MCALLISTER) inappropriate relationship With Student Latest Update, Who is Jessica Cantu? Jaseng treatment helps bone and nerves to regenerate, by boosting the self-healing power of the body. His horse breeding stock live mostly in Kentucky, young horses are started in Florida. He is an Egyptian American entrepreneur with Jewish ancestry, perhaps better known for being the CEO of Zayat Stables, owning thoroughbred race horses and the famed American Pharaoh, the first racehorse to win the Triple Crown since 1978. H h bn passionate but horses nd th sport f horse racing vr since. Against Zayat was North Americas leading owner by earnings making the experience even more rewarding for Zayat filed., is the owner 's domicile York, Egypt and London the $ 900,000 Rebel (! 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