Feb. 20, 2021 lengthy
Brother vs. sister: Two of Barry and Honey Sherman’s children in a battle for control of the family empire | The Star
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''Sherman insiders say that soon after the murders, Jonathon suggested his own business partner, Adam Paulin, take an office at Sherfam to oversee its activities. Paulin and Jonathon have the Green Storage self-storage company together — funded with $125 million from Barry Sherman — and Jonathon has said he relies heavily on Paulin for his business acumen. (Paulin has business degrees from both Ivey at Western University and the Schulich School of Business at York.)
Glasenberg disagreed with Jonathon’s plan to bring in Paulin, insiders say. “Glasenberg said if Paulin was in, he was out.” Such is Glasenberg’s sway, that Paulin did not take an office at Sherfam. (Glasenberg told me he does not recall this.)
In their statement to the Star late Friday,
the three Sherman sisters said “we do not believe that Mr. Paulin would be a qualified or appropriate addition to the management team of the Sherman family companies.”
The Star has tried to speak to Paulin over the past two years, but he has not responded to requests for comment.
According to insiders,
Paulin might also have been one of Barry’s estate trustees if Jonathon had his way. When Barry Sherman was changing his trustees from eight to four in early 2017, Jonathon suggested Paulin as a trustee. “Barry said no way,” according to the insider.
Jockeying for position
“Mr. Glasenberg is an experienced and competent executive and manager of the business. We are grateful to Mr. Glasenberg for his continued work and diligence and we support his role managing the Sherman family business.”
According to Jonathon, Kay was “micromanaging” Apotex. Also,
Kay was insisting on continuing Barry’s plan to invest $50 million to expand a Florida drug factory Barry had purchased not long before he died. Jonathon disliked Kay’s regular lunches with Frank D’Angelo, a Toronto entrepreneur Barry had backed for more than a decade. It also perturbed Jonathon that Kay had moved into his father’s office (after the police tape came down in early 2018).''
''In 2019, Alexandra refused to approve a $40-50 million plan Jonathon and one of his business partners, Jonathan Tkatch, had to build a “premium” hockey rink.
(Jonathon Sherman and Tkatch have a mortgage company called Harlo Financial, set up just before the murders. Jonathon said in an interview he and partner Adam Paulin “had some cash sitting around for projects.”