John Paterakis Sr.

Bill Paterakis letter to H&S Bakery employees: lawsuit by his father's second wife a 'desperate attempt' to get more money

Bill Paterakis letter to H&S Bakery employees: lawsuit by his father's second wife a 'desperate attempt' to get more money

The lawsuit John Paterakis’ widow filed this week against the bakery magnate’s children is a “desperate attempt … to obtain more money than she was left,” one of his sons wrote in a letter sent to thousands of H&S Bakery employees this week.

William Paterakis, who heads the bakery conglomerate based in East Baltimore, said in the letter that was included with the employees’ paychecks earlier this week that the legal battle over his father’s estate would not affect business operations.

He went on to deny the accusations made in a lawsuit filed Monday in Circuit Court by his father’s second wife, who is fighting for one-third of what she says is a $1 billion fortune...

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