- 35 - mining lost profits, he took account of the profits lost by DCI, as well as the profits lost by ETS, that he treated ETS as a division of DCI, and that although he was unable to determine precisely the portion of the total lost profits attributable to ETS, "the bulk of what is in the office profitability would have been from Evergreen." The following actions taken by the parties to the Farmers lawsuit subsequent to the District Court's opinions and judgments are consistent with those opinions and judgments: (1) FIG made the FIG check in payment of the proceeds of the Farmers lawsuit payable to all the plaintiffs in the Farmers lawsuit (viz., DCI, Peter Diamond, and Shirley Diamond), as well as their attorneys Markowitz & Herbold; (2) FIG prepared the FIG letter that accompanied the FIG check in which it stated, inter alia, that that check represented full payment by FIG of the plaintiffs' claims, without drawing any distinction between DCI and the Diamonds; and (3) Peter Diamond as president of DCI, Peter Diamond as an individual, Shirley Diamond as an individual, and David Markowitz and Barrie Herbold endorsed the FIG check.24 24 We note that certain statements by DCI and the Diamonds in the Dec. 12, 1984 minutes, the Dec. 12, 1984 letter, and the Dec. 30, 1984 minutes also are consistent with the District Court's opinions and judgments in the Farmers lawsuit. Those documents all indicate that at an early stage in the Farmers lawsuit DCI and the Diamonds recognized that the Diamonds, in their capacity as the owners of ETS, were parties to the Farmers lawsuit and would be entitled to a portion of any amount that the District Court decided to award in that lawsuit.Page: Previous 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Next
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