DOJ-OGR-00011571.jpg
603 KB
Extraction Summary
3
People
1
Organizations
0
Locations
1
Events
3
Relationships
4
Quotes
Document Information
Type:
Legal document
File Size:
603 KB
Summary
This document is a court transcript from July 22, 2022, detailing a conversation between an attorney, Mr. Everdell, and the court. Mr. Everdell argues that a bequest made to an estate currently in bankruptcy should not be considered a firm asset for the purpose of calculating fines, as the estate has outstanding victims' claims and the bequest itself is likely to be contested. He states it was disclosed on a financial affidavit out of an abundance of caution and good faith.
People (3)
| Name | Role | Context |
|---|---|---|
| MR. EVERDELL | Attorney |
Speaker in the court transcript, explaining the status of a bequest and an estate in bankruptcy.
|
| THE COURT | Judge |
Speaker in the court transcript, questioning Mr. Everdell and Ms. Moe about a bequest.
|
| Ms. Moe | Attorney |
Speaker in the court transcript, who is asked to respond to Mr. Everdell's statements.
|
Organizations (1)
| Name | Type | Context |
|---|---|---|
| SOUTHERN DISTRICT REPORTERS, P.C. | company |
Appears in the footer of the document, likely the court reporting agency that transcribed the proceeding.
|
Timeline (1 events)
2022-07-22
A discussion in court regarding whether a bequest to an estate in bankruptcy should be considered an asset for the purpose of fines. Mr. Everdell argues it is a tenuous asset due to the bankruptcy and victims' claims.
Unspecified Court
Relationships (3)
Mr. Everdell addresses the court as 'Your Honor' and responds to the court's questions in a formal legal setting.
Ms. Moe addresses the court as 'Your Honor' in a formal legal setting.
They are both participants in the same court proceeding, where the court asks Ms. Moe to respond to Mr. Everdell's statements, suggesting they are opposing counsel or otherwise involved parties in the same case.
Key Quotes (4)
"Your Honor, my understanding is that the document says what it says, and the estate is undergoing bankruptcy proceedings. I don't believe there is any -- this issue has been addressed because I think the estate is still dealing with victims' claims and other claims against the estate."Source
— MR. EVERDELL
(Explaining the financial situation of the estate that is the subject of the bequest.)
DOJ-OGR-00011571.jpg
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. So that's one of the many reasons why I think this is such a tenuous asset that it shouldn't be considered for purposes of fines."Source
— MR. EVERDELL
(Arguing why the bequest should not be counted as a definite asset for calculating fines.)
DOJ-OGR-00011571.jpg
Quote #2
"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 why the bequest was listed on a financial affidavit despite its uncertain value.)
DOJ-OGR-00011571.jpg
Quote #3
"Ms. Moe, do you want to respond to that?"Source
— THE COURT
(Asking the opposing or other counsel for their input on Mr. Everdell's statement.)
DOJ-OGR-00011571.jpg
Quote #4
Full Extracted Text
Complete text extracted from the document (1,615 characters)
Case 1:20-cr-00330-PAE Document 737 Filed 07/22/22 Page 52 of 101
M6SQmaxl
M6SQmaxl
1 fine. I can't quite tell from the papers whether -- I know you
2 say the bequest is likely to be contested. What is the current
3 status of the bequest?
4 MR. EVERDELL: Your Honor, my understanding is that
5 the document says what it says, and the estate is undergoing
6 bankruptcy proceedings. I don't believe there is any -- this
7 issue has been addressed because I think the estate is still
8 dealing with victims' claims and other claims against the
9 estate. But because it's in bankruptcy, I assume that this
10 will be contested, and we don't know if there will be any money
11 left at the end of that proceeding to honor the bequest. So
12 that's one of the many reasons why I think this is such a
13 tenuous asset that it shouldn't be considered for purposes of
14 fines.
15 THE COURT: It's listed as an asset in the financial
16 affidavit, is it not?
17 MR. EVERDELL: It is, your Honor, because we felt we
18 wanted to fully disclose everything we know about, and we do
19 know about simply because we were produced that document. We
20 didn't know about it before. We knew about it because we got
21 it in discovery, and we saw it was there, so we felt in good
22 faith, we had to list it or at least disclose it, but I don't
23 think it should be considered for purposes of fine.
24 THE COURT: Ms. Moe, do you want to respond to that?
25 MS. MOE: Your Honor, I don't have additional
2 say the bequest is likely to be contested. What is the current
3 status of the bequest?
4 MR. EVERDELL: Your Honor, my understanding is that
5 the document says what it says, and the estate is undergoing
6 bankruptcy proceedings. I don't believe there is any -- this
7 issue has been addressed because I think the estate is still
8 dealing with victims' claims and other claims against the
9 estate. But because it's in bankruptcy, I assume that this
10 will be contested, and we don't know if there will be any money
11 left at the end of that proceeding to honor the bequest. So
12 that's one of the many reasons why I think this is such a
13 tenuous asset that it shouldn't be considered for purposes of
14 fines.
15 THE COURT: It's listed as an asset in the financial
16 affidavit, is it not?
17 MR. EVERDELL: It is, your Honor, because we felt we
18 wanted to fully disclose everything we know about, and we do
19 know about simply because we were produced that document. We
20 didn't know about it before. We knew about it because we got
21 it in discovery, and we saw it was there, so we felt in good
22 faith, we had to list it or at least disclose it, but I don't
23 think it should be considered for purposes of fine.
24 THE COURT: Ms. Moe, do you want to respond to that?
25 MS. MOE: Your Honor, I don't have additional
SOUTHERN DISTRICT REPORTERS, P.C.
(212) 805-0300
(212) 805-0300
DOJ-OGR-00011571
Discussion 0
No comments yet
Be the first to share your thoughts on this epstein document