Walton A. Sutherland - Page 8

                                        - 8 -                                         
               fifty (50%) percent of the legal fee.  It has been                     
               agreed by the attorneys for the plaintiffs that fifty                  
               percent of * * * the legal fee in the amount of                        
               $408,318.10 be waived to me towards my cause of action                 
               for loss of services in lieu of [petitioner's]                         
               receiving his fee.                                                     
          In the Lipsig firm affirmation, the waiver is explained as                  
          follows:  "Walton Sutherland, Esq., the forwarding attorney in              
          this matter, has agreed to waive his share of the legal fees in             
          this case in Hester's behalf so that she may continue to have the           
          wherewithal to care for her daughter, MAUDE."  Petitioner's                 
          affirmation contains the following explanation:  "Your affirmant            
          agrees to waive the legal fee in this matter to HESTER                      
          SUTHERLAND, herein, towards her claim for loss of services."                
          Petitioner's affirmation is dated May 12, 1987.                             
          Deposit of Proceeds Paid to Hester                                          
               Hester received two checks totaling $658,318 in discharge of           
          the provisions of the order to pay her $250,000 and $408,318 in             
          settlement of her cause of action for loss of services.  Those              
          two checks were deposited into account number 08-057596-2 at the            
          East River Savings Bank, in New York City (the first account).              
          The first account was titled "WALTON SUTHERLAND JR OR HESTER                
          SUTHERLAND".  It carried petitioner's Social Security number.               
          Between August 28, 1987, and February 2, 1988, petitioner                   
          withdrew in excess of $150,000 from the first account.  On                  
          February 3, 1988, the first account was closed and the balance              
          was transferred to East River Savings Bank account number                   





Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  Next

Last modified: May 25, 2011