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“substantial influence” in “arranging the management agreement”
on the Embarcadero Hotel between Hyatt Corp. and Prudential.
We infer from all the facts and circumstances that Weaver
recognized he would gain nothing by simply persuading Lisle to
permit Hyatt Corp. to bid on the Embarcadero Hotel management
contract. Weaver would be compensated only if Hyatt Corp. were
to win the bidding on the contract. Consequently, Weaver
informed Lisle and Ballard of A.N. Pritzker’s promise to pay 10
percent of the Embarcadero Hotel management contract to Weaver,
and Weaver agreed to share any payments he might receive from
Hyatt Corp. with Ballard and Lisle if they used their influence
to arrange for Hyatt Corp. to win the contract. Lisle and
Ballard agreed to Weaver’s proposal, and they arranged for Hyatt
Corp. to win the contract. That Weaver did more than simply
persuade Lisle to permit Hyatt Corp. to bid on the Embarcadero
Hotel contract is evidenced by the Hyatt Corp. internal documents
which stated that Weaver “arranged” the contract for Hyatt Corp.
The record indicates Kanter became aware of the Hyatt/KWJ
agreement in the early 1970s when A.N. Pritzker presented the
matter to him seeking advice. During this same period, Kanter
was assisting Ballard and Lisle in establishing the grantor
trusts they would use to invest in his movie shelters, and Kanter
initiated discussions with Weaver regarding the sale of KWJ Corp.
to IRA. We infer from the timing of these events that Kanter
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