So the Master Agreement and the 1996 Definitive Agreements both require CCF/LHA to cover all of Lakewood's legal fees in any litigation.
Butler issued letter to that effect under the 1996 Agreement last year:
It is in plain language that Section 9 of the 1996 Agreement remains in force under Master Agreement.
So why are City Hall and the Insider's PAC claiming the city will have to pay a bunch of attorneys fees if Issue 64 fails?
It seems that nobody at City Hall read the agreements.
If Issue 64 Fails, the Clinic Pays the City's Legal Fees: Read The Agreements
Moderator: Jim O'Bryan
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Brian Essi
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If Issue 64 Fails, the Clinic Pays the City's Legal Fees: Read The Agreements
David Anderson has no legitimate answers
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Matthew Lee
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Re: If Issue 64 Fails, the Clinic Pays the City's Legal Fees: Read The Agreements
Thanks, Brian. Appreciate the link and info.
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Brian Essi
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Re: If Issue 64 Fails, the Clinic Pays the City's Legal Fees: Read The Agreements
Mr. Lee,Matthew Lee wrote:Thanks, Brian. Appreciate the link and info.
Please also note that the CCF offshore Cayman Islands insurance company was paid a$2.5 million premium per the Master Agreement.
That policy should protect the City from the malfeasance on Summers, Bullock and Madigan.
CCF has us covered!
http://lakewoodobserver.com/forum/viewt ... an#p171061
David Anderson has no legitimate answers
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Matthew Lee
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Re: If Issue 64 Fails, the Clinic Pays the City's Legal Fees: Read The Agreements
This is reading like the plot of a John Grisham novel. Except it is much more serious.
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cmager
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Re: If Issue 64 Fails, the Clinic Pays the City's Legal Fees: Read The Agreements
What we have here is a failure to fiduciate.Matthew Lee wrote:This is reading like the plot of a John Grisham novel. Except it is much more serious.
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Dan Alaimo
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Re: If Issue 64 Fails, the Clinic Pays the City's Legal Fees: Read The Agreements
...and we have a winner!cmager wrote:What we have here is a failure to fiduciate.Matthew Lee wrote:This is reading like the plot of a John Grisham novel. Except it is much more serious.
“Never let a good crisis go to waste." - Winston Churchill (Quote later appropriated by Rahm Emanuel)
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Lori Allen _
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Re: If Issue 64 Fails, the Clinic Pays the City's Legal Fees: Read The Agreements
2.5 million to an off shore insurance company? What does that sound like? I believe they made a big mistake choosing the Cayman Islands. There is extradition there!