Monroe’s mandolin
Today’s Tennessean newspaper has reported that the Country Music Foundation (CMF), on behalf of the Country Music Hall of Fame and Museum, has reach an agreement with Robert Waldschmidt, the Trustee for the Robert W. McLean Bankruptcy Estate.
This agreement, if ratified by the Bankruptcy Court, will mean that Bill Monroe’s 1923 F5 mandolin will continue to be displayed at the
Country Music Hall of Fame and Museum.
The settlement, whereby the CMF will pay the Trustee $750,000, safeguards the exhibition of several instruments that were given to the organization by philanthropist, but alleged fraudster, Robert W. McLean, Monroe’s mandolin included.
Further details regarding the deal can be found at The Tennessean website.
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The Tennessean is reporting this morning on the terms of a settlement between MTSU and the estate of Bob McLean. As we reported in October of 2007, McLean defrauded investors of millions and then generously spread the money around. Some of that money went to MTSU and this settlement ends that dispute.
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