- 11 - Rogers, however, received $32,500 from the 1997 sale of the properties. Discussion We must first decide whether, during 1991, Mr. Rogers received a compensatory interest in the nonhospital properties as payment for his services in arranging the transaction between AMH and Vista. Because respondent raised this issue for the first time in the amended answer, respondent bears the burden of proof. Rule 142. Respondent contends that a compensatory interest in the nonhospital properties was transferred to Mr. Rogers during 1991 as payment for his services in arranging the transfer of the hospitals from AMH to Vista. None of the numerous stipulated documents, however, refer to any such payment. Rather, the stipulated documents show that Alpha Hospital received $475,000 for the transfer of its rights to the hospitals and nonhospital properties from AMH. Additionally, Alpha Hospital was awarded lucrative management contracts at both hospitals for which it was to be paid a combined $600,000, plus 2 percent of the net patient service revenues annually. The only documentary evidence of Mr. Rogers' interest in the nonhospital properties is the agreement dated January 15, 1991. In that agreement, Mr. Rogers transferred his interest in the contract between Vista and AMH, with respect to the nonhospital properties, to Great Western inPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next
Last modified: May 25, 2011