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Miami Springs, Florida, just north of Miami International
Airport.
From 1980 through 1983, Burton Kanter (Kanter), and from
1983 through 1991, Lawrence A. Freeman, served as president of
Tanglewood. From 1983 through 1991, Lloyd J. Boggio (Boggio)
served as vice president of Tanglewood.
Tanglewood's $2.1 million stated purchase price for the L&C
Properties was reflected by cash, by short-term notes guaranteed
by Kanter, and by a $1.6 million wrap-around mortgage note that
Tanglewood issued in favor of the Clinton Family Trust.
The record does not reflect the history of the ownership of
the L&C Properties by the Clinton Family Trust, specifically when
and for what consideration the Clinton Family Trust acquired the
L&C Properties.
On October 29, 1981, L&C Springs was formed under the laws
of the State of Illinois as a tax-oriented limited partnership
for the purpose of purchasing from Tanglewood an interest in the
L&C Properties.
At the time the petitions were filed, L&C Springs' principal
place of business was located in Chicago, Illinois.
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Last modified: May 25, 2011