Yonivore
09-20-2005, 12:05 PM
Just keeping it fresh.
Former Air America Executive Denounces Transfers of Funds From Bronx Club (http://www.nysun.com/pf.php?id=20252)
Mr. Goodfriend said in the deposition that when investors found out about the money from the Boys & Girls Club, "They hear this and hear about other liabilities and conclude, I think we better just form a new company clean of any old liabilities."
Mr. Goodfriend, now a Washington based lawyer, said in the sworn deposition that he refused to sign an agreement that transferred ownership and assets of Air America to a new company, Piquant LLC, from Progress Media because he believed it constituted a "fraudulent conveyance."
A spokeswoman for Piquant has denied that the transfer of ownership was fraudulent.
I may not be able to listen to them much longer...if they're all in jail.
Former Air America Executive Denounces Transfers of Funds From Bronx Club (http://www.nysun.com/pf.php?id=20252)
Mr. Goodfriend said in the deposition that when investors found out about the money from the Boys & Girls Club, "They hear this and hear about other liabilities and conclude, I think we better just form a new company clean of any old liabilities."
Mr. Goodfriend, now a Washington based lawyer, said in the sworn deposition that he refused to sign an agreement that transferred ownership and assets of Air America to a new company, Piquant LLC, from Progress Media because he believed it constituted a "fraudulent conveyance."
A spokeswoman for Piquant has denied that the transfer of ownership was fraudulent.
I may not be able to listen to them much longer...if they're all in jail.