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English Audio Request

AkitaInu
404 Words / 2 Recordings / 1 Comments

I need this mess filed away in some order.” “How exciting,” she said as she headed for the coffee room.
Avery Tolar was waiting with a thick, expandable file, which he handed to Mitch. “This is the Capps file. Part of it. Our client’s name is Sonny Capps. He lives in Houston now, but grew up in Arkansas. Worth about thirty million and keeps his thumb on every penny of it. His father gave him an old barge line just before he died, and he turned it into the largest towing service on the Mississippi River. Now he has ships, or boats, as he calls them, all over the world. We do eighty percent of his legal work, everything but the litigation. He wants to set up another limited partnership to purchase another fleet of tankers, this one from the family of some dead Chink in Hong Kong. Capps is usually the general partner, and he’ll bring in as many as twenty-five limited partners to spread the risk and pool their resources.
This deal is worth about sixty-five million. I’ve done several limited partnerships for him and they’re all different, all complicated. And he is extremely difficult to deal with. He’s
a perfectionist and thinks he knows more than I do. You will not be talking to him. In fact, no one here talks to him but me. That file is a portion of the last partnership I did for him. It contains, among other things, a prospectus, an agreement to form a partnership, letters of intent, disclosure statements and the limited partnership agreement itself. Read every word of it. Then I want you to prepare a rough draft of the partnership agreement for this venture.”
The file suddenly grew heavier. Perhaps five-thirty was not early enough.
The partner continued. “We have about forty days, according to Capps, so we’re already behind. Marty Kozinski was helping with this one, and as soon as I review his file I’ll give it to you. Any questions?”
“What about the research?”
“Most of it is current, but you’ll need to update it. Capps earned over nine million last year and paid a pittance in taxes. He doesn’t believe in paying taxes, and holds me personally responsible for every dime that’s sent in. It’s all legal, of course, but my point is that this is high-pressure work. Millions of dollars in investment and tax savings are at stake.

Recordings

Comments

AkitaInu
Dec. 5, 2017

Grazie!!!! Molto gentile. (Thanks. Very kind of you)

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