Davenport Recycling Associates, Sam Winer, Tax Matters Partner - Page 18

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          6700 or the defendants from contesting such penalties in the                
          future.                                                                     
               The proposed Permanent Injunction was approved and signed by           
          Fieldstone, and mailed to Davis on January 20, 1986.  Fieldstone            
          also sent a copy of the proposed Permanent Injunction to Miller.            
          Winer signed the Final Consent on behalf of himself and Winer               
          Development Corp. on January 27, 1986.  In the Final Consent,               
          Winer neither admitted nor denied the allegations in the                    
          complaint and consented to the entry of an order of permanent               
          injunction.                                                                 
               Fieldstone did not consider the terms of the Permanent                 
          Injunction a total capitulation by Winer because, as the terms              
          were set forth, the Permanent Injunction did not prevent Winer              
          from being able to sell securities.  Fieldstone believed he had             
          accomplished his objective because Winer was able to settle his             
          case with the Government and return to his career as a securities           
          dealer.                                                                     
               The Permanent Injunction was entered by the District Court             
          on February 18, 1986.  In the Permanent Injunction, Winer and               
          Winer Development Corp. (hereinafter Winer) were enjoined from              
          promoting abusive Plastics Recycling tax shelter plans, including           
          Davenport and other Plastics Recycling partnerships, within the             
          meaning of sections 6700 and 6701.  In general, Winer was                   
          enjoined from organizing, selling, or marketing tax shelter                 
          plans; making or furnishing oral or written advice to an investor           




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