EFTA02641262.pdf

From: jeffrey E. <[email protected]> Sent: Tuesday, August 8, 2017 12:21 AM To: Faith Kates Subject: Re: Re: Send . Neil , I know that after he spoke to c=ris he said he is willing to spend the time needed . However he was =keptical about your seriosness as when He asked what was the value on your=books as you suggested he ask and he was told "it's not relevant =" He was then told that you only received tax payments. (When =he. K1s clearly reflect profit distributions ) . Frankly whatever th= past results or their proper characterization. The real question now for =ou and I is only price and terms . =C2 It is a personal service biz that Joel and I ha=e given our lives to build . How does one value a personal service b=siness . ? We are on the hook for paris liabilities plus more. How =uch more do you want so we can part friends . I think our offer is v=ry fair . You are general partners with deep pockets , and frankly l=fear that makes the firm a More appetizing target for lawsuit=. If you set a time we can all get on the phone . But I urge you to=accept our last offer . On =on, Aug 7, 2017 at 8:02 PM jeffrey E. <[email protected] <mailto:jeevacation@gm=il.com> wrote: [email protected]&=t; wrote: Sent from my iPhone Begin forwarded message: From: Neale Attenborough < <mailtc > Date: August 7, 2017 at 7:43:06 PM EDT To: Faith Kates < <mailto >> Cc: Joel Wilkenfeld <[email protected] <mailto:[email protected]» 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, EFTA_R1_01875159 EFTA02641262  Neale 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 S 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 =AO please note The information=contained in this communication is confidential, may be attorney-client=privileged, may constitute inside information, and is intended only for=br>the use of the addressee. It is the property of 2 EFTA_R1_01875160 EFTA02641263  JEE Unauthorized =se, disclosure or copying of this communication or any part thereof is =trictly prohibited and may be unlawful. If you have received this co=munication in error, please notify us immediately by return e-mail or b= e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies the=eof, including all attachments. copyright -all rights reserved The informa=ion contained in this communication is confidential, may be attorney-cl=ent privileged, may constitute inside information, and is intended only=for the use of the addressee. It is the property of JEE Unauthori=ed use, disclosure or copying of this communication or any part thereof=is strictly prohibited and may be unlawful. If you have received thiscommunication in error, please notify us immediately by return e-mail =r by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies=thereof, including all attachments. copyright -all rights reserved <=div> --94eb2c18a39e1e83c1055632ef77-- conversation-id 35830 date-last-viewed 0 date-received 1502151643 flags 8590195713 gmail-label-ids 7 remote-id 737305 3 EFTA_R1_01875161 EFTA02641264