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📄 Extracted Text (632 words)
From: jeffrey E. <[email protected]>
Sent: Thursday, February 8, 2018 2:08 PM
To: Richard Kahn
Subject: Re: Noam Chomsky
bill, as i am not asking for legal or accounti=g fees that were incurred soley to review all the documents that isa=el
sent. I suggest you draft a settlement that has the full am=unt of restitution. and i will agree. otherwise I fear we will
be at=this for awhile. to be clear for full 267500 , and=allocated so there are of course no gains to noam , we will
agree.=C2 and you can draft doc for my review
On Thu, Feb 8, 2018 at 8:59 AM, Richard =ahn <[email protected] <mailto:richardkahn12@gmailcom» wrote:
Richard Kahn
HBRK Associates Inc.
575 Lexington
<https://maps.google=com/?q=575+LexingtonVoC2P0A0Avenue+4th+Floor+New+York,+NY%C2%A010022&e=try=gmail&
source=g> Avenue 4th Floor
<https://maps=google.com/?q=575+Lexington%C2%A0Avenue+4th+Floor+New+York,+NY%C2V0A01002=&entry=gmail&
source=g>
New York, NY 10022
Begin forwarded message:
From: "Kelly, >
Subject: Re: Noam Chomsky
Date: February 8,=2018 at 8:55:41 AM EST
To: Richard Kahn <richardkahn12@gmailcom <mailto >>
<=div>
Cc: Sam Ba=n < >>
Thanks. I will check with Isabel as to any realized gains in his publi=ly traded securities.
EFTA_R1_01671521
EFTA02529374
On Feb 8, 2018, at 8:36 AM, Richard Kahn <
> wrote:
I will need to check on the tax benefit as i am not asking for interes= on top of the investment...
I will need to find out if he had other gains that offset the loss unl=ss your client is aware of
some themselves.
Thank you
Richard Kahn
HBRK Associates Inc.
575 Lexingto=
<https://maps.google.com/?q=575+Lexington%C2%A0Avenue+4th+Floor=%0D+New+York,+NY%C2%A010022&entry=g
mail&source=g> A=enue 4th Floor
<https://maps.google.com/?q=575+Lexington%C2%A0Avenu=+4th+Floor+°/O0D+New+York,+NY%C2%A010022&entry=g
mail&source=g>
New York, NY 10022
<https://maps.google.com/?q=575+Lexington%C2%=0Avenue+4th+Floor+%0D+New+York,+NY%C2c/cA010022&entry=g
mail&source=3Dg>
On Feb 7, 2018, at 5:01 PM, Kelly, William <
» wrote=
For Settlement Purposes Only =C2
Dear Rich:
Bainco has authorized me to confirm that it will meet your demand with resp=ct to
Noam's investments in private equity partnerships at Bainco.=C2 Our understanding is that Noam invested a total of
$267,500 (through=his revocable trust and his IRA) and received a tax benefit of approximately $27,000 due to realized
capital losses, res=lting in a net investment of $240,500. Bainco will pay that amount t= Noam and Noam will relinquish
his entire interest in the private equity p=rtnerships (a portion of the settlement amount may be paid through a third
party's purchase of Noam =99s interest in the RFID partnerships at his original purchase price). =AO The settlement
agreement will include mutual releases and standard non•=isclosure and non•disparagement provisions. Please confirm
at your earliest convenience and I will prepare the settlement agreement f=r your review.
Regards,
Bill
2
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EFTA02529375
<http://www.nixonpeabody.com/> =/u>
William E. Kelly
Senior Counsel
[email protected] <mailto:[email protected]> T <tel
Nixon Peabody LLP I 100 Summer Street= I Boston,
MA 02110 <https://maps.google.com/?q=100+Summer+Stre=t+%7C+Boston,+MA+02110&entry=gmail&source=g> -
2131 nixon=eabody.com <http://www.nixonpeabody.com/> I @NixonPeabodyLLP
<http://twitter.com/NixonPeabodyLLP>
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EFTA_R1_01671523
EFTA02529376
ℹ️ Document Details
SHA-256
51549566ad68e83b5b00bc9050be2bf3c90a93f9d88f9727f5ffa0156f6ad815
Bates Number
EFTA02529374
Dataset
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document
Pages
3
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