LONDON — Would-be plastics industry entrepreneur Carl W. Cooke is now living in London, where, he said Jan. 27, he is out of the plastics industry and happy.
Cooke, whose attempts to start several businesses since 1987 landed him in bankruptcy, civil and criminal courts in Indiana, said by telephone he is resting in England, and expects to be back in the United States within 90 days.
He would not comment further.
Cooke filed Chapter 7 bankruptcy proceedings in 1994, claiming $1.8 million in debts, after the Internal Revenue Service seized property and a patent he held in pursuit of more than $800,000 in back taxes.
In 1995, he was charged on six felony counts in criminal court in Elkhart, Ind. Prosecutors charged he failed to pay employees' health insurance premiums and income taxes, and his former employees brought a related civil suit against him.
The bankruptcy and the civil actions are pending, and trials for the criminal charges have been delayed several times. No further trial dates have been set.
An auction for the seized patent was called off last June, when no bidders showed up. A subsequent attempt to sell the patent privately failed.
An IRS spokesman said Jan. 27 another auction is being planned. That auction may be held within 90 days, the spokesman said.