-160-
Kanter, Ballard, and Lisle, including a number of purported loans
to Kanter, Ballard, Lisle, and their trusts. Because some of the
payments from The Five to IRA were accumulated in IRA until 1983
and then transferred to Carlco, TMT, and BWK, we shall analyze
separately the transfers of funds for the periods before 1984 and
after 1983.
The Court’s additional findings of fact are divided into
eight sections. Section A provides both an overview of the
payments made by The Five to IRA and its subsidiaries in
connection with the various Prudential transactions from 1977 to
1989, and a breakdown of those payments for the periods 1977 to
1983 and 1984 to 1989. Sections B, C, and D focus on the
distribution of those funds to Kanter, Ballard, Lisle, and their
family members and trusts for the periods 1977 to 1983 and 1984
to 1989. Section E discusses payments made by The Five to THC
and its subsidiaries during the years at issue. Sections F and G
discuss the distribution of those funds to Kanter and Lisle.
Where necessary to add context, we restate some of the
findings of fact set forth and properly supported by citations of
the record earlier in this report. We do not repeat the
citations of the record for these findings of fact.
A. Payments Made by The Five to IRA and Its Subsidiaries
From 1977 to 1989
The following is a summary of the payments The Five made to
IRA and its subsidiaries in connection with the various
Page: Previous 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 NextLast modified: May 25, 2011