Robert D. and Patricia K. Kaliban, et al. - Page 13

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            tax matter.  Feinstein subsequently became associated with Alter,                         
            LeFevre sometime in 1969.                                                                 
                  Feinstein continued to advise individuals regarding                                 
            financial and tax matters at Alter, LeFevre.  The firm provided                           
            various financial services to its clients.  For some clients, it                          
            maintained checking accounts, paid bills, and prepared weekly                             
            statements showing the client's opening balance, deposits,                                
            withdrawals, and expenditures.  On January 1, 1979, Alter,                                
            LeFevre merged with another law firm, Aranow & Brodsky, but the                           
            resulting firm ceased operations by Labor Day of that year, and                           
            that same month Alter became a partner at Shea & Gould and                                
            Feinstein also became associated with that firm.                                          
                  In the fall of 1981, Alter asked Feinstein to review the                            
            Plastics Recycling transactions as a potential investment for                             
            Alter and some of his clients.  Feinstein received a copy of a                            
            Partnership offering memorandum from Winer.  He spent                                     
            approximately 4 to 6 hours reviewing it, including the financial                          
            projections and the tax opinion.  Feinstein understood that                               
            Hirshfield and Ferraro had spoken to members of the law firm that                         
            drafted the tax opinion, and that they and Trost were satisfied                           
            with the opinion.  He also understood that "someone asked one of                          
            the tax partners to look at the thing in general", but he did not                         
            know "how much detail * * * [Shea & Gould] did."  Although Alter                          
            claims that he asked Feinstein "to check with the tax partner in                          
            the firm, Alan Parker," Feinstein did not speak to Parker.                                

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