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C. David Alter and Martin Feinstein
David Alter (Alter) is a graduate of the Harvard Law School
and has been practicing law in New York since 1950. He has been
a partner in several law firms since 1954: From 1954 to 1966
Alter was a partner at the law firm of Squadron, Alter & Weinrib;
from 1966 to 1979 he was a partner at the law firm of Alter,
LeFevre, Raphael & Lowry (Alter, LeFevre);5 and from 1979 to 1989
he was a partner at the law firm of Shea & Gould. Alter has been
engaged in the general practice of law with a concentration in
entertainment and labor law. Among the services he provided to
his clients were the preparation and review of contracts, general
tax advice, estate planning, and administering and maintaining
financial records. On occasion, some of Alter's clients asked
him to review offering materials for investment opportunities
that they had learned of elsewhere. In the course of his
practice, Alter advised his clients as to the validity and merit
of such investments.
Alter learned of the Plastics Recycling transactions from
one of the partners at Shea & Gould, Stuart Hirshfield
(Hirshfield), who in turn had been introduced to the transactions
by Winer, the general partner of the Partnerships. Alter
5 Alter, LeFevre underwent several name changes during the
time Alter was a partner. Apparently, Alter, LeFevre, Raphael &
Lowry was the name of the firm by 1978. For convenience,
references to "Alter, LeFevre" include its predecessor names
while Alter was a partner.
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