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📄 Extracted Text (461 words)
From: Faith Kates <
Sent: Tuesday, August 8, 2017 12:10 AM
To: jeffrey E.
Subject: Re: Re:
K should have ki latest wed
Sent from my iPhone
On Aug 7, 2017, at 8:02 PM, jeffrey E. <[email protected] <mailto:jeevacation@gm=il.com» wrote:
Good but i urge you to let rich sit with . Let's g=t rid of Neil
On Mon, Aug 7, 2017 at 7:57 PM Faith Kates < <mailto >>
wrote:
Sent from my iPhone
Begin forwarded message:
From: Neale Attenborough < <mailto >>
Date: August 7, 2017 at 7:43:06 PM EDT
To: Faith Kates < <mailto >>
Cc: Joel Wilkenfeld < <mailto
Subject: Re:
Faith when I last spoke with your advisor I asked him to send me=his contact information so we
could collectively get on the phone with Chr=s and work through some of this analysis.
I have not received his contact information. We are aligned in findin= a solution but I think it will
take a bit more "meeting if the minds=quot; on value.
Please have him (I think he said his name was Jeffrey) send me his co=tact information and we
can move this process along.
All the best,
Neale
EFTA_R1_01875129
EFTA02641252
Neale, our advisor at your request spoke to=Chris Lawler, Chris requested questions in
writing as he said he was not v=ry familiar with the detailed numbers. We have reviewed limited number of =he past k-
1's,and financial statements.
Taking into account that there are still </=pan>
Some liabilities outstanding ie:Paris lawsu=t, possible class action certification etc. and
to short circuit a long nu=ber crunching and possibly futile exercise Joel and I suggest the followin=:
We will buy you out at a total price of 6 m=llion dollars paid over three years, or in the
alternative we can pay 5 mi=lion cash at closing. We are told that if phantom income was booked by the=fund you
would recover the benefit of the higher basis(ie:larger capital loss) upon sale. We will part as fri=nds and release you
from all future claims. We thank you for the acknowled=ement that you have not had the time to be constructive
partners, and hope=that our offer meets your needs.
Sincerely,
Faith & Joel
Sent from my iPad
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EFTA02641253
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ℹ️ Document Details
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707f7aa65495f3fcf4a48d240b03643a21c0729ff76aedd04986dba2cd7d373d
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EFTA02641252
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