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Does Rebekah have any response to what Kathleen has done with all the money she's drained from the account. Because it's discretionary shouldn't Webber asking for a detailed accounting of how all that money was spent, what bank accounts it went into etc...

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> On Dec 5, 2016, at 6:19 PM, SMancinelli <SMancinelli@ainbanklaw.com> wrote:
>
> Thank you. Call me at 11.
>
> Sarah
>
> From: Eric Schwerin [mailto:eschwerin@rosemontseneca.com]
> Sent: Monday, December 05, 2016 5:33 PM
> To: SMancinelli
> Cc: Hunter Biden
> Subject: Re: Biden Matter
>
> Sarah, in advance of our call tomorrow, I am resending the narrative I sent a few weeks back. We can discuss more tomorrow but I want to caution that the below narrative is only accurate if there are no unexpected expenses (personal or business) and if the business continues to generate the same revenue it is currently. There are some sources of revenue that are month-to-month and that could change Hunter’s income. That is, Hunter’s “salary” from Owasco, PC isn’t fixed in a long-term way.
>
> I can also give you an idea of the money that has been moved from the discretionary account over the past six months or so. Talk to you tomorrow. Best, Eric
>
> -------------
>
> Hunter has two sources of regular ordinary income. A salary from Boies Schiller and a salary paid to him by Owasco, P.C.
>
> His Boies Schiller (approx. $212,000) goes into Hunter and Kathleen’s joint Wells Fargo Advisors account and that money directly funds Finnegan and Maisy’s tuitions at Sidwell and a couple of household autopays. There is very little left from that check each month.
>
> Putting aside the Boies salary, Owasco, P.C. receives $143,333.00 a month which includes his Directors Fees from Burisma.
>
> After you subtract Owasco, P.C. related expenses, there is $130,000 a month left that is paid out to Hunter in the form or salary or bonus.
>
> After taxes (using a 45% tax rate), that leaves approx. $71,500 a month for Hunter and Kathleen’s personal expenses.
>
> After you account for $24,000 of auto-pays (mortgage, car payments, etc) and additional monthly bills that are not on autopay ($10,000), that leaves Hunter and Kathleen with $37,500 a month for discretionary spending.
>
> For this purpose we would define discretionary spending as food, entertainment, clothes, unplanned house related expenses, spending money for the their kids, etc.
>
>
>
> Eric D. Schwerin
> Rosemont Seneca Advisors, LLC
> 1010 Wisconsin Ave., NW
> Suite 705
> Washington, DC 20007
> (202) 333-1880
> eschwerin@rosemontseneca.com
> P Consider the environment before printing this email.
>
> On Dec 5, 2016, at 4:51 PM, SMancinelli <SMancinelli@ainbanklaw.com> wrote:
>
> Tomorrow morning. I am flexible after 9 and before 12.
>
> On Dec 5, 2016, at 4:47 PM, Eric Schwerin <eschwerin@rosemontseneca.com> wrote:
>
> Sure thing. I can try and provide via email or if it is easier to talk by phone, Sarah, let me know when is a good time.
>
> Eric D. Schwerin
> eschwerin@rosemontseneca.com
>
> Sent from my iPhone
>
> On Dec 5, 2016, at 4:40 PM, Hunter Biden <hbiden@rosemontseneca.com> wrote:
>
> e- will you please give S a run down of where the money has gone and where it needs to be in order for us to pay bills along with Kathleen timing of draining the joint accounts now regulary and her somehow establishing that her base line is 15K p/M discretionary spemnding while I continue to pay all bills. As for TD account I have no interest in sharing the account details with her unless she provides a full accounting of all bank accounts she now holds in her name soley also.
> On Dec 5, 2016, at 4:08 PM, SMancinelli <SMancinelli@ainbanklaw.com> wrote:
>
> See below.
>
> What is the most you can contribute to her on a monthly basis and still continue to pay the monthly recurring expenses? I am not saying that is the amount we will propose but I need to know the max so I can work back from there. Let me know ASAP so I can get this on track.
>
> From: Rebekah J.H. Sullivan [mailto:RSullivan@ksfmlaw.com]
> Sent: Monday, December 05, 2016 3:59 PM
> To: SMancinelli
> Cc: Theresa M. Mihalik
> Subject: RE: Biden Matter
>
> Dear Sarah,
>
> Thank you for the update, but we are concerned that it does not move us where we need to go.
>
> Hunter’s office has made clear they do not have access to Hunter’s TD account statements or other information, so they would not be able to provide that to you to provide to us. The office does not have all the information we need, as evidenced in part by the fact that the budget they prepared falls far short of the $2.4 million that Hunter earned last year (per the tax returns). In short, they do not know where the rest of the money is or went.
>
> Kathleen also found out from the office that payments on the Chase card have been late through the past few months, and that there is an America Express card, on which Kathleen is primary, with a balance of $16,000. This is not on your spreadsheet that I can tell, and is extremely concerning.
>
> Kathleen has a right to know when money is coming to her and how much is coming. It is the holidays, and she does not know whether she has money for Christmas expenses. Although you and Hunter have both communicated that you want to do this process amicably and fairly, a bare minimum of good faith would involve immediately proposing an amount of money to be transferred regularly to Kathleen and letting her know when that will happen. Hunter continues not to make any such proposal.
>
> In short, unless we receive the information we have requested immediately and are immediately able to reach an agreement on temporary support, we have no choice but to file. Please let me know if you are authorized to accept service, and if there is any way we can work this out immediately to avoid our filing.
>
> Sincerely,
>
>
> Rebekah J.H. Sullivan
> Kuder, Smollar, Friedman & Mihalik, PC
> 1350 Connecticut Ave. NW
> Suite 600
> Washington, DC 20036
>
> www.KSFMLAW.com
> Tel: 202/331-7522
> Fax: 202/331-0388
>
>
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>
> From: SMancinelli [mailto:SMancinelli@ainbanklaw.com]
> Sent: Monday, December 05, 2016 10:14 AM
> To: Rebekah J.H. Sullivan
> Subject: Biden Matter
>
> Hi Rebekah-
>
> I have had a hard time connecting by phone with Hunter- primarily as a result of my crazy week last week. But I sent him a comprehensive email explaining where we are and the requests Kathleen has made for statements and retainers for you and Debbie May. Hunter confirmed he would have his office make available both the requested statements and money for the retainers. I asked him to take care of that ASAP. I will let you know as soon as I have that from him.
>
> Just wanted to give you that update.
>
> Sarah
>
> Sarah E. Mancinelli, Esq.
> Ain & Bank, P.C.
> 1900 M. Street, NW, Suite 600
> Washington, D.C. 20036-3565
> (202) 530-3355 (direct dial)
> (202) 530-4411 (fax)
>
> =2