-45-
Donna M. Lisle, Lisle’s wife, was not involved in any of the
activities giving rise to this litigation, and her estate is a
party to these proceedings solely by virtue of Mrs. Lisle’s
having filed joint Federal income tax returns with Lisle for the
years at issue. She died in 1993.
D. Additional Findings of Fact Regarding Ballard and Lisle
Donald Knab (Knab) worked with Ballard and Lisle in
Prudential’s Houston regional office in the late 1960s and, after
being reassigned to Prudential’s corporate headquarters in Newark
in the early 1970s, Knab asked Ballard and Lisle to come to work
for him in the real estate investment department. Knab, Transcr.
at 602-604. Knab had very high regard for Ballard’s and Lisle’s
abilities. Knab, Transcr. at 608.
1. Ballard
Ballard considered it common in the real estate business for
intermediaries to introduce brokers to corporate real estate
owners and financiers, such as Prudential, and for such
intermediaries and brokers to share any fees arising from real
estate transactions related to such introductions. Ballard,
Transcr. at 215-216.
Ballard’s high-ranking-executive position at Prudential
allowed him to exert significant influence over Prudential’s real
estate investment decisions, including awards of property
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