JTA – A Michigan court dismissed a petition to split the $1 billion foundation of the late Jewish businessman William Davidson in half.
The Oakland County Probate Court last week rejected the plea by Jonathan Aaron, Davidson’s son-in-law and the president of the William Davidson Foundation, to divide the endowment, Crain’s Detroit Business reported Monday.
The court cited a lack of jurisdiction; the foundation is incorporated in Delaware.
Davidson’s widow, Karen, and son, Ethan, opposed the petition.
Crain’s said the circumstances of the disagreement within the Davidson family were not publicly disclosed.
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Davidson, who owned the National Basketball Association’s Detroit Pistons, died in 2009 at the age of 86.
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