- 237 -
liquidation of KWJ Corp., or the assignment of the contract
rights to the KWJ Co. partnership until sometime around 1992.
Furthermore, there was no reasonable explanation for
Weaver's selling the stock in KWJ Corp. to IRA for $150,000 plus
an amount equal to 30 percent of all payments received by KWJ
Corp. from Hyatt. Weaver was experienced enough to know that the
contract was worth millions of dollars. By selling the stock, he
effectively gave up 70 percent of the contract rights. It would
have been less costly to hire another attorney to represent him
in enforcing the agreement. Moreover, if Weaver had expected
Hyatt to make the payments more readily because of Kanter's
relationship to IRA and the Pritzkers, then Weaver would have
notified Hyatt of the sale of the stock. That he did not do.
Instead, he continued to receive the payments from Hyatt which he
then forwarded to IRA. It is clear that Weaver and Kanter
intentionally concealed the sale of the KWJ Corp. stock from
Hyatt until Kanter's relationship with Weaver deteriorated around
1992.
Similarly, the Court also finds that the "consulting
payments" Kanter arranged to have KWJ Corp., and later the KWJ
Co. partnership, pay to Ballard's and Lisle's children from about
1983 through 1989 were part of the kickback scheme. Although
referred to as "children", they were adults and were all engaged
Page: Previous 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 NextLast modified: May 25, 2011