Arnold Reisman and Ellen Reisman - Page 3




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          resulting in a verdict in favor of CWRU.  Mr. Reisman appealed              
          the Federal case to the Court of Appeals for the Sixth Circuit.             
          While the Federal case was on appeal, attorneys representing                
          petitioners and CWRU entered into settlement negotiations.  Steve           
          Goldfarb (Mr. Goldfarb) was one of the attorneys who negotiated             
          on behalf of CWRU.  CWRU was not interested in any settlement               
          which would allow Mr. Reisman to remain at the university.                  
          Before a final settlement was reached, Mr. Goldfarb received a              
          letter dated October 26, 1994, from one of the attorneys who                
          represented Mr. Reisman.  The letter contained the following                
          passage:                                                                    
               As I conveyed to you, Steve [Goldfarb], Dr. Reisman’s                  
               preference is to structure a settlement in which he                    
               would remain at the university.  You indicated,                        
               however, that the only settlement offer which Case                     
               Western Reserve University would consider would be one                 
               in which Dr. Reisman leaves the university * * *                       
               On November 16, 1994, while the Federal case was pending in            
          the Court of Appeals for the Sixth Circuit and the State case was           
          pending in the Cuyahoga County Common Pleas Court, petitioners,             
          CWRU, and the various individuals named in the two lawsuits                 
          entered into a Confidential Mutual Release and Settlement                   
          Agreement (settlement agreement).  In the settlement agreement,             
          the parties agreed that Mr. Reisman had also asserted breach of             
          contract in both lawsuits.                                                  









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