EMAIL DETAILS
SUBJECT:
Burnham
PRI: HIGH
FROM:
G
george.mesires@faegrebd.com
DATE:
2016-09-07 15:50:30
MSG_ID:
<42083C1EC3CF1741BA2902F1A0AB5EF91950ECD8@S01P-EXCHDAG4.intfirm.com>
RECIPIENTS:
TO:
E
eschwerin@rosemontseneca.com
H
hbiden@rosemontseneca.com
CC:
J
Maschka, Jane E.
<jane.maschka@faegrebd.com>
CONTENT:
TEXT: YES |
HTML: YES
PROCESSED
Eric and Hunter: Attached is a revised letter to Burnham. The PDF version is a comparative redlined version. This letter reflects our view that based on yesterday's call with Burnham that (i) Burnham is unlikely to sign the termination agreement; and (ii) a chapter 7 liquidation of Burnham is a possibility. In that event, it will be important for the Asset Assignment Agreement & Employment Agreements to be terminated before any potential bankruptcy. If Burnham signs it, great - Burnham and RSP will get releases. If Burnham fails to sign it, RSP deems the Agreements terminated and RSP reserves all rights against Burnham. Let me know if you want to talk through this before we send it out. Otherwise, please confirm that we can send it. George George R. Mesires Partner george.mesires@FaegreBD.com<mailto:george.mesires@FaegreBD.com> Download vCard<http://www.faegrebd.com/vcard/george.mesires.vcf> D: +1 312 356 5101 | M: +1 312 972 4151 Faegre Baker Daniels LLP<http://www.FaegreBD.com> 311 S. Wacker Drive | Suite 4300 | Chicago, IL 60606, USA
METADATA:
THREAD:
TOPIC:
Burnham
INDEX:
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