-70- Kanter and his related entities, which respondent claimed was part of the kickback scheme.40 (5) Essex Hotel Management Co. (Essex Partnership). The Essex Partnership had the following partners holding the partnership interests indicated: Percentage Partner partnership interest IRA 26.125 THC 21.375 Motor Hotel Management Co.(MHM) 47.500 John Connolly 5.000 John Eulich was the majority shareholder of Motor Hotel Management Co. (MHM), a corporation, that was engaged in the hotel management business. John Connolly’s hotel management company managed two hotels that were owned by Prudential. The partnership agreement for the Essex Partnership is dated January l, 1982. One of the Essex Partnership’s purposes was to provide consulting and liaison services to some of its partners in connection with their management of certain hotels. A substantial portion of the management fees earned by John Connolly and MHM was paid to the Essex Partnership, which respondent contends was a part of the kickback scheme. 40 There is no evidence that any PMS fees were shared with Kanter and his related entities.Page: Previous 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 Next
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