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DPSS Represents Ted Turner in Charitable Sale of St. Phillips Island

Posted by DPSS Legal on 1.3.18

Partners Rutherford Seydel and Josh Marks represented Ted Turner in the charitable transfer of Turner’s 4,680-acre St. Phillips Island near Beaufort via a bargain sale to the State of South Carolina. As the largest privately held island off the coast, St. Phillips was sold for $4.9 million, about one-third of its appraised value. The South Carolina Department of Parks, Recreation & Tourism will manage the island, and the new park will complement nearby Hunting Island State Park. The pristine Lowcountry island is surrounded by marsh and beach, and a conservation easement held by the Nature Conservancy limits further development on the island.

Link to Press Release

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