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efta-efta00891001DOJ Data Set 9OtherFrom: Richard Kahn
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DOJ Data Set 9
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efta-efta00891001
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From: Richard Kahn
To: "Jeffrey E." <[email protected]>
Subject: Fwd: Noam Chomsky
Date: Thu, 08 Feb 2018 18:16:43 +0000
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York NY 10022
to
fax
cel
Begin forwarded message:
From: "Kelly, William" <
Subject: Re: Noam Chomsky
Date: February 8, 2018 at 12:49:57 PM EST
To: Richard Kahn <
Cc: Sam Bain
Thanks. The folks at Bainco are working on that now.
On Feb 8, 2018, at 12:38 PM, Richard Kahn <1
> wrote:
i am fine if you can show me the 27k benefit as that is all i ask
you will agree if not then making whole is making whole. thx
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York NY 10022
tel
fax
cell
EFTA00891001
On Feb 8, 2018, at 12:27 PM, Kelly, William <
> wrote:
Rich:
I will of course confer with my client but I have to characterize this as a step backwards. Your request is
inconsistent with the settlement we discussed.
Bill
On Feb 8, 2018, at 9:10 AM, Richard Kahn <
wrote:
as i am not asking for legal or accounting fees that were incurred soley to review all the documents that
isabel sent, I suggest you draft a settlement that has the full amount of restitution and i will agree.
otherwise I fear we will be at this for awhile...
to be clear for full 267,500 (allocated so there are of course no gains to noam) and we will agree.
please draft doe for my review
thank you
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York NY 10022
tel
fa
cell
On Feb 8, 2018, at 8:55 AM, Kelly, William <
wrote:
Thanks. I will check with Isabel as to any realized gains in his publicly traded securities.
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 interest on top of the investment...
I will need to find out if he had other gains that offset the loss unless your client is aware of some
themselves.
Thank you
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
tel
l
fa
ce
EFTA00891002
On Feb 7, 2018, at 5:01 PM, Kelly, William <
For Settlement Purposes Only
Dear Rich:
> wrote:
Bainco has authorized me to confirm that it will meet your demand with respect to Noam's investments in
private equity partnerships at Bainco. 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, resulting in a net investment of $240,500. Bainco will pay that amount to Noam and Noam will
relinquish his entire interest in the private equity partnerships (a portion of the settlement amount may be
paid through a third party's purchase of Noam's interest in the RFID partnerships at his original purchase
price). The settlement agreement will include mutual releases and standard non-disclosure and non-
disparagement provisions. Please confirm at your earliest convenience and I will prepare the settlement
agreement for your review.
Regards,
Bill
a,littp://www.nixon
mages/np_firm_sig/i
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.....esna ad; o;nrilanle ;
William E. Kelly
Senior Counsel
T 617-345-1195 I C 617-543-4513 I F 866-743-4899
Nixon Peabod LLP I too Summer Street I Boston, MA 02110-2131
PNixonPeabodyLLP
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