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that he would withdraw as counsel; copies of this letter were
sent to petitioners and to Hesselbacher. On September 19, 2001,
Jacob sent another letter to respondent in which he indicated
petitioners’ desire to settle their cases, but stated again that
if settlement could not be reached, he would withdraw.
On September 25, 2001, the Court held another conference
call with all counsel. At that time, respondent’s counsel
informed the Court that Jacob had been involved in planning the
transaction, that he was a necessary witness whom they
anticipated calling at trial, and that they were preparing to
file a motion under Rule 24(g) to disqualify him. The Court
indicated that any such motion, if filed, would be heard at the
calendar call. On September 25, 2001, following the conference
call, respondent and Jacob discussed settling the cases, and
respondent faxed to Jacob drafts of a proposed stipulation of
settled issues for each of the cases. The next day, Jacob sent a
letter to respondent in which he acknowledged receipt of the
proposed stipulations of settled issues and requested some
changes; copies of this letter were sent to petitioners and to
Hesselbacher. Geoffrey received a copy of this letter.
On September 26, 2001, counsel for the parties reached a
tentative basis for settlement, of which they informed the Court
during a conference call held later that day. Hesselbacher and
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