John:
See
attached. Let me know if you need anything else in this regard.
Best
regards,
Marc
X. LoPresti, Esq.
Tagliaferro
& LoPresti, LLP
New
York Office:
45
Broadway, Suite 2200
New
York, New York 10006
(212)
732-4029
(212)
232-2398 (fax)
Los
Angeles Office:
12400
Wilshire Boulevard, Suite 820
Los
Angeles, California 90025
(310)
312-1860
(310)
445-1866
CONFIDENTIALITY
NOTICE:
The
information contained in this electronic mail message is private and
confidential and may contain Attorney-Client privileged information. It is
intended only for the use of the individual or entity to whom it is addressed.
The information may be privileged, proprietary and exempt from disclosure under
applicable federal, state or other law. Any recipient of this electronic mail
message other than the intended recipient is hereby notified not to disclose,
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any action in response to this message.
-----Original Message-----
From: Winter, John D. (x2836) [mailto:jwinter@pbwt.com]
Sent: Monday, April 19, 2010 6:41 PM
To: Marc X. LoPresti
Subject: RE: 650 Fifth Avenue
Marc
You indicated to me that your client has
experienced financial
distress and gave the impression that your client is
liquidating or
dramatically downsizing. I need support for your client's
current
condition. In addition, I need somewhat detailed
information on how much
your client has been receiving from its subletting of the
space.
John D. Winter
Patterson Belknap Webb & Tyler LLP
1133 Avenue of the Americas
New York, NY 10036
Tel: 212.336.2836
E-mail: jwinter@pbwt.com
www.pbwt.com
-----Original Message-----
From: Marc X. LoPresti [mailto:mxl@tlcorplaw.com]
Sent: Monday, April 19, 2010 11:41 AM
To: Winter, John D. (x2836)
Subject: RE: 650 Fifth Avenue
John:
I can provide you with information immediately. Can you
give me some
guidance as to what type of documentation you think they
are looking
for?
Marc X. LoPresti, Esq.
Tagliaferro & LoPresti, LLP
New York Office:
45 Broadway, Suite 2200
New York, New York 10006
(212) 732-4029
(212) 232-2398 (fax)
Los Angeles Office:
12400 Wilshire Boulevard, Suite 820
Los Angeles, California 90025
(310) 312-1860
(310) 445-1866
CONFIDENTIALITY NOTICE:
The information contained in this electronic mail message
is private and
confidential and may contain Attorney-Client privileged
information. It
is
intended only for the use of the individual or entity to
whom it is
addressed. The information may be privileged, proprietary
and exempt
from
disclosure under applicable federal, state or other law.
Any recipient
of
this electronic mail message other than the intended
recipient is hereby
notified not to disclose, distribute or copy this
electronic mail
message,
or take or refrain from taking any action in response to
this message.
-----Original Message-----
From: Winter, John D. (x2836) [mailto:jwinter@pbwt.com]
Sent: Sunday, April 18, 2010 2:05 PM
To: Marc X. LoPresti
Subject: RE: 650 Fifth Avenue
For Settlement Purposes Only
Marc
An Order is being entered by the federal judge
overseeing the
litigation involving 650 Fifth and the Alavi Foundation
appointing a
special monitor to review and approve, among other
things, lease
amendments. The Special Monitor is former Mag. J.
Kathleen Roberts. We
have generally advised her of our negotiations with you
and based on
these conversations, we are going to need documentation
of your client's
financial distress to obtain approval of any lease
modification.
Please let us know when you can provide this
information which
we will agree to treat as confidential.
John D. Winter
Patterson Belknap Webb & Tyler LLP
1133 Avenue of the Americas
New York, NY 10036
Tel: 212.336.2836
E-mail: jwinter@pbwt.com
www.pbwt.com
-----Original Message-----
From: Marc X. LoPresti [mailto:mxl@tlcorplaw.com]
Sent: Thursday, April 08, 2010 10:17 AM
To: Winter, John D. (x2836)
Subject: FW: 650 Fifth Avenue
See below. John -- I reversed the "b" and the
"w" in your email when
sending last night. My apologies. Please let me know
that you received
this email.
Marc X. LoPresti, Esq.
Tagliaferro & LoPresti, LLP
New York Office:
45 Broadway, Suite 2200
New York, New York 10006
(212) 732-4029
(212) 232-2398 (fax)
Los Angeles Office:
12400 Wilshire Boulevard, Suite 820
Los Angeles, California 90025
(310) 312-1860
(310) 445-1866
CONFIDENTIALITY NOTICE:
The information contained in this electronic mail message
is private and
confidential and may contain Attorney-Client privileged
information. It
is
intended only for the use of the individual or entity to
whom it is
addressed. The information may be privileged, proprietary
and exempt
from
disclosure under applicable federal, state or other law.
Any recipient
of
this electronic mail message other than the intended
recipient is hereby
notified not to disclose, distribute or copy this
electronic mail
message,
or take or refrain from taking any action in response to
this message.
-----Original Message-----
From: Marc X. LoPresti [mailto:mxl@tlcorplaw.com]
Sent: Wednesday, April 07, 2010 7:54 PM
To: 'jwinter@pwbt.com'
Subject: 650 Fifth Avenue
John:
My clients have asked me to convey the following offer to
you in full
settlement of their obligations under the lease at 650
Fifth Avenue,
17th
Floor:
1) Your client's retention of the lease deposit of
$192,000;
2) A "lump sum" payment of $35,000;
3) Assignment of Sublessees currently occupying the
premises; and
4) Assignment of fixtures remaining on premises
(conference table,
chairs,
furniture, etc.) to enable subtenants to continue in
occupancy without
further effort from 650.
This shall not be deemed to be a complete statement of
our Client's
position, nor to waive any of our Client's rights and
remedies, all of
which
are expressly reserved. Noth
ing herein may be deemed an
admission or
declaration against interest, or used as a prior
inconsistent statement
or
for impeachment purposes, in any litigation, legal action
or proceeding.
I look forward to resolving this matter swiftly and
amicably.
Best regards,
Marc X. LoPresti, Esq.
Tagliaferro & LoPresti, LLP
New York Office:
45 Broadway, Suite 2200
New York, New York 10006
(212) 732-4029
(212) 232-2398 (fax)
Los Angeles Office:
12400 Wilshire Boulevard, Suite 820
Los Angeles, California 90025
(310) 312-1860
(310) 445-1866
CONFIDENTIALITY NOTICE:
The information contained in this electronic mail message
is private and
confidential and may contain Attorney-Client privileged
information. It
is
intended only for the use of the individual or entity to
whom it is
addressed. The information may be privileged, proprietary
and exempt
from
disclosure under applicable federal, state or other law.
Any recipient
of
this electronic mail message other than the intended
recipient is hereby
notified not to disclose, distribute or copy this
electronic mail
message,
or take or refrain from taking any action in response to
this message.
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