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Extraction Summary

3
People
1
Organizations
0
Locations
1
Events
3
Relationships
5
Quotes

Document Information

Type: Legal document
File Size: 528 KB
Summary

This document is a court transcript from June 29, 2023, detailing a discussion about a bequest from an estate undergoing bankruptcy. An attorney, Mr. Everdell, argues to the Court that this bequest, while disclosed on a financial affidavit, is a 'tenuous asset' that should not be considered for fines because the estate has other claims and the bequest will likely be contested. Another attorney, Ms. Moe, is present but declines to comment further on the matter.

People (3)

Name Role Context
MR. EVERDELL Attorney
Speaker in the court proceeding, arguing that a bequest from an estate in bankruptcy should not be considered for fines.
THE COURT Judge
Speaker in the court proceeding, presiding over the hearing and questioning the attorneys.
MS. MOE Attorney
Speaker in the court proceeding, who, when asked to respond, states she has nothing additional to add.

Organizations (1)

Name Type Context
SOUTHERN DISTRICT REPORTERS, P.C. Company
Listed at the bottom of the transcript, likely the court reporting agency that transcribed the proceeding.

Timeline (1 events)

2023-06-29
A court hearing where Mr. Everdell explains why a bequest from an estate in bankruptcy, though disclosed, is a tenuous asset and should not be considered for the purpose of fines.
Courtroom

Relationships (3)

MR. EVERDELL Professional THE COURT
Mr. Everdell addresses the Court as 'Your Honor' and presents legal arguments.
MS. MOE Professional THE COURT
Ms. Moe addresses the Court as 'Your Honor' in her response.
MR. EVERDELL Professional MS. MOE
Both are present in the same court proceeding, likely as opposing counsel, as the Court asks Ms. Moe to respond to Mr. Everdell's points.

Key Quotes (5)

"Your Honor, my understanding is that the document says what it says, and the estate is undergoing bankruptcy proceedings."
Source
— MR. EVERDELL (Explaining the status of the estate related to the bequest.)
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Quote #1
"But because it's in bankruptcy, I assume that this will be contested, and we don't know if there will be any money left at the end of that proceeding to honor the bequest."
Source
— MR. EVERDELL (Arguing that the value of the bequest is uncertain.)
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Quote #2
"It's listed as an asset in the financial affidavit, is it not?"
Source
— THE COURT (Questioning Mr. Everdell about the disclosure of the bequest.)
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Quote #3
"It is, your Honor, because we felt we wanted to fully disclose everything we know about... we felt in good faith, we had to list it or at least disclose it, but I don't think it should be considered for purposes of fine."
Source
— MR. EVERDELL (Explaining the reasoning for disclosing the bequest despite arguing against its consideration for fines.)
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Quote #4
"Your Honor, I don't have additional"
Source
— MS. MOE (Responding to the Court's request for a comment on Mr. Everdell's statements.)
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Quote #5

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