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📧 Communication

meeting

Communication Details

From
To
["Calphalon shareholders", "attorneys from Shumaker Loop & Kendrick", "Parse"] ["Calphalon shareholders", "attorneys from Shumaker Loop & Kendrick", "Parse"]
Subject
Tax shelter pitch
Message Content

Daugerdas pitched a confidential tax shelter to Calphalon shareholders, stating it would result in virtually no taxes on their gains and that they could not share the information with their own advisors.

📄 Source Document

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Document Summary

This legal document describes how an individual named Parse, while assisting Calphalon stockholders with their shares from the company's sale to Newell, introduced them to Paul Daugerdas, a partner at Altheimer & Gray. Daugerdas pitched a confidential tax shelter designed to eliminate their taxable gains, instructing them to misrepresent their investment intent if questioned. Parse witnessed this event, which is described as being inconsistent with good faith.

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