Subject: Re: Burnham
From: "Eric Schwerin" <[email-masked]>
To: "Maschka, Jane E." <[email-masked]>
Cc: "Hunter Biden" <[email-masked]>, "George R. Mesires" <[email-masked]>
Date: Fri, 9 Sep 2016 15:12:27 -0400

I will let Hunter and George weigh in but I am comfortable with this in principle.  Would like to know what “Burnham property” we owe them back.  Possibly our phones.  They also have some property of ours we should get back too.

Eric D. Schwerin
Rosemont Seneca Advisors, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
[email-masked] <x-msg://59/[email-masked]>
P Consider the environment before printing this email.

> On Sep 9, 2016, at 2:36 PM, Maschka, Jane E. <[email-masked]> wrote:
> 
> Eric and Hunter –
>  
> George is in court all day today, but asked me to send things we received from Burnham to you immediately upon receipt.  We just received the attached proposed changes to the termination letter agreement. The pdf shows a redline highlighting the changes Burnham would like to make.  It appears the key changes include:
> ·         Adding language that states the Asset Purchase Agreement contemplated the transfer of assets, but that transfer was not accomplished.  The letter now states that a dispute has arisen, both sides have claims, and the parties wish to avoid litigation.
> 
> ·         Instead of agreeing to transfer the assets to Skaneateles, it now states that any rights Burnham had to transfer are extinguished. 
>  
> ·         The Confidentiality provision is essentially stricken, but the non-disparagement provision remains.
> 
> ·         Adds a phrase that Rosemont and you will deliver to Burnham “all property of Burnham”
> 
> None of these changes strike me as problematic, but note that I am not as familiar with the termination letter as is George, and therefore he will likely have additional insights.
>  
> Let us know if you have any questions.  
>  
> Thanks, 
> Jane
>  
> Jane E. Maschka
> Partner
> [email-masked] <mailto:[email-masked]>    Download vCard <http://www.faegrebd.com/vcard/jane.maschka.vcf>
> D: +1 612 766 7559
> 
> Faegre Baker Daniels LLP <http://www.faegrebd.com/>
> 2200 Wells Fargo Center | 90 South Seventh Street | Minneapolis, MN 55402-3901, USA
> 
> From: Hoffman, Nicholas [mailto:[email-masked] <mailto:[email-masked]>] 
> Sent: Friday, September 09, 2016 1:23 PM
> To: Mesires, George R.; Godfrey, Peter
> Cc: Graber, Garry; Maschka, Jane E.
> Subject: RE: Burnham
>  
> Hi George,
> Peter is out of the office, but wanted me to forward to you the enclosed clean and marked termination letter agreement. 
>  
> Please feel free to contact Peter with any questions or comments.
>  
> Best,
> Nick 
>  
> Nicholas J. Hoffman
> Associate
> Hodgson Russ LLP
> Tel: 
> 716.848.1258
> Fax: 
> 716.849.0349
>  <http://hodgsonruss.com/>
> website <http://hodgsonruss.com/> | email <mailto:[email-masked]>
> The Guaranty Building | 140 Pearl Street, Suite 100 | Buffalo, NY 14202
> Tel: 716.856.4000 | map <https://www.google.com/maps/place/140+Pearl+St+%23100,+Buffalo,+NY+14202/@42.883078,-78.876778,17z/data=!3m1!4b1!4m2!3m1!1s0x89d312361724d7d5:0x5088cab48847c727?hl=en>	
>  <http://www.twitter.com/HodgsonRuss> <https://www.linkedin.com/company/hodgson-russ-llp>
>  
>  
> From: Mesires, George R. [mailto:[email-masked] <mailto:[email-masked]>] 
> Sent: Thursday, September 8, 2016 11:36 PM
> To: Godfrey, Peter <[email-masked] <mailto:[email-masked]>>
> Cc: Hoffman, Nicholas <[email-masked] <mailto:[email-masked]>>; Graber, Garry <[email-masked] <mailto:[email-masked]>>; Maschka, Jane E. <[email-masked] <mailto:[email-masked]>>
> Subject: Re: Burnham
>  
> Thank you, Peter. I am copying in my colleague, Jane Maschka, and please include Jane on the turned document. As I indicated, I will be in Court in the morning, but this is a priority for my client, so I will be engaged to get this done. Thank you. George
> 
> George R. Mesires
> Partner
> [email-masked] <mailto:[email-masked]>    Download vCard <http://www.faegrebd.com/vcard/george.mesires.vcf>
> D: +1 312 356 5101 <tel:+1%20312%20356%205101> | M: +1 312 972 4151 <tel:+1%20312%20972%204151>
> 
> Faegre Baker Daniels LLP <http://www.faegrebd.com/>
> 311 S. Wacker Drive | Suite 4300 | Chicago, IL 60606, USA <x-apple-data-detectors://2/1>
> 
> On Sep 8, 2016, at 11:00 PM, Godfrey, Peter <[email-masked] <mailto:[email-masked]>> wrote:
> 
> Hi George,
> Further to our conversation, while Burnham Asset Management (BAM) disagrees with certain statements contained in your correspondence of yesterday and denies any liability to the Rosemont Parties, BAM would like to reach a mutually acceptable resolution.  We will follow with you as soon as possible tomorrow on this.  We are trying to turn this as quickly as possible.
> Best regards,
> Peter
>   <>
>  
> Peter C. Godfrey 
> HODGSON RUSS LLP
> 1540 Broadway - 24th Floor
> New York, NY 10036
>  
> office. 716.848.1246
> mobile: 716.465.1625
> [email-masked] <mailto:[email-masked]>
> www.hodgsonruss.com <http://www.hodgsonruss.com/>
>  
>  
> From: Mesires, George R. [mailto:[email-masked] <mailto:[email-masked]>] 
> Sent: Tuesday, September 6, 2016 10:01 AM
> To: Hoffman, Nicholas <[email-masked] <mailto:[email-masked]>>
> Cc: Godfrey, Peter <[email-masked] <mailto:[email-masked]>>; Maschka, Jane E. <[email-masked] <mailto:[email-masked]>>
> Subject: Re: Burnham
>  
> The line is open. 
> 
> George R. Mesires
> Partner
> [email-masked] <mailto:[email-masked]>    Download vCard <http://www.faegrebd.com/vcard/george.mesires.vcf>
> D: +1 312 356 5101 <tel:+1%20312%20356%205101> | M: +1 312 972 4151 <tel:+1%20312%20972%204151>
> 
> Faegre Baker Daniels LLP <http://www.faegrebd.com/>
> 311 S. Wacker Drive | Suite 4300 | Chicago, IL 60606, USA <x-apple-data-detectors://2/1>
> 
> On Sep 6, 2016, at 8:57 AM, Hoffman, Nicholas <[email-masked] <mailto:[email-masked]>> wrote:
> 
> I have not yet been able to confirm that my bankruptcy colleague or a litigator can join, but let’s have the call at 10am and we can discuss next steps.
>  
> Best,
> Nick 
>  
> Nicholas J. Hoffman
> Associate
> Hodgson Russ LLP
> Tel: 
> 716.848.1258
> Fax: 
> 716.849.0349
>  <http://hodgsonruss.com/>
> website <http://hodgsonruss.com/> | email <mailto:[email-masked]>
> The Guaranty Building | 140 Pearl Street, Suite 100 | Buffalo, NY 14202
> Tel: 716.856.4000 | map <https://www.google.com/maps/place/140+Pearl+St+%23100,+Buffalo,+NY+14202/@42.883078,-78.876778,17z/data=!3m1!4b1!4m2!3m1!1s0x89d312361724d7d5:0x5088cab48847c727?hl=en>	
>  <http://www.twitter.com/HodgsonRuss> <https://www.linkedin.com/company/hodgson-russ-llp>
>  
>  
> From: Hoffman, Nicholas 
> Sent: Tuesday, September 6, 2016 5:46 AM
> To: 'Mesires, George R.' <[email-masked] <mailto:[email-masked]>>
> Cc: Godfrey, Peter <[email-masked] <mailto:[email-masked]>>; Maschka, Jane E. <[email-masked] <mailto:[email-masked]>>
> Subject: RE: Burnham
>  
> George,
> I am confirming that this time works for my bankruptcy colleague (and perhaps also a litigator) and will let you know as soon as I have confirmation.
>  
> Best,
> Nick
>  
> Nicholas J. Hoffman
> Associate
> Hodgson Russ LLP
> Tel: 
> 716.848.1258
> Fax: 
> 716.849.0349
>  <http://hodgsonruss.com/>
> website <http://hodgsonruss.com/> | email <mailto:[email-masked]>
> The Guaranty Building | 140 Pearl Street, Suite 100 | Buffalo, NY 14202
> Tel: 716.856.4000 | map <https://www.google.com/maps/place/140+Pearl+St+%23100,+Buffalo,+NY+14202/@42.883078,-78.876778,17z/data=!3m1!4b1!4m2!3m1!1s0x89d312361724d7d5:0x5088cab48847c727?hl=en>	
>  <http://www.twitter.com/HodgsonRuss> <https://www.linkedin.com/company/hodgson-russ-llp>
>  
>  
> From: Mesires, George R. [mailto:[email-masked] <mailto:[email-masked]>] 
> Sent: Monday, September 5, 2016 11:05 PM
> To: Hoffman, Nicholas <[email-masked] <mailto:[email-masked]>>
> Cc: Godfrey, Peter <[email-masked] <mailto:[email-masked]>>; Maschka, Jane E. <[email-masked] <mailto:[email-masked]>>
> Subject: Re: Burnham
>  
> Nick:
>  
> We are available at 9 am central time on Tuesday morning. Jane Maschka, who is leading the litigation in the event that our efforts to resolve this matter fail, will be joining the call too. 
>  
> I think it's easier if we use a dial in:
>  
> 877 636 9498
> Conference code: 
> 5819738016
>  
> Thank you and please confirm your availability.
>  
> George
>  
> George R. Mesires
> Partner
> [email-masked] <mailto:[email-masked]>    Download vCard <http://www.faegrebd.com/vcard/george.mesires.vcf>
> D: +1 312 356 5101 <tel:+1%20312%20356%205101> | M: +1 312 972 4151 <tel:+1%20312%20972%204151>
> 
> Faegre Baker Daniels LLP <http://www.faegrebd.com/>
> 311 S. Wacker Drive | Suite 4300 | Chicago, IL 60606, USA <x-apple-data-detectors://2/1>
> 
> On Sep 5, 2016, at 4:34 PM, Hoffman, Nicholas <[email-masked] <mailto:[email-masked]>> wrote:
> 
> Hi George,
> I have been in touch with Hodgson Russ bankruptcy counsel on this. Are you available for a call tomorrow to discuss? If so, please let me know a good time and I can give you a call. I have another call at 2pm eastern, but otherwise I am available. 
>  
> Best,
> Nick
> 
> On Sep 2, 2016, at 9:57 PM, Mesires, George R. <[email-masked] <mailto:[email-masked]>> wrote:
> 
> Nick,
>  
> We would like to resolve this matter consensually, as our efforts to date reflect. To that end, can you and bankruptcy counsel please be available as soon as possible this weekend for a call to discuss the bases of Burnham's refusal to sign the settlement agreement? And hopefully we can draft around the concern to give your client comfort. I am available anytime this weekend by email or by cell phone (below).  But I must underscore the need to resolve this matter before next week. 
>  
> Thank you. 
>  
> George 
>  
> George R. Mesires
> Partner
> [email-masked] <mailto:[email-masked]>    Download vCard <http://www.faegrebd.com/vcard/george.mesires.vcf>
> D: +1 312 356 5101 <tel:+1%20312%20356%205101> | M: +1 312 972 4151 <tel:+1%20312%20972%204151>
> 
> Faegre Baker Daniels LLP <http://www.faegrebd.com/>
> 311 S. Wacker Drive | Suite 4300 | Chicago, IL 60606, USA <x-apple-data-detectors://2/1>
> 
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> <Rosemont Seneca Partners -Termination Letter Agreement (Burnham Asset Ma....docx><Redline - Rosemont SenecaPartners - Termination Letter Agreement (Burnha....pdf>