Sunday, November 9, 2014

Where is this $100,000,000 NOW?

Kairis represented NCFE and its principals in the “whistleblower” action, drafted the [Settlement Agreement], and interacted with [Hampton-Stein] and her lawyers in completing the [Settlement Agreement]. In the [Settlement Agreement], NCFE made numerous contractual commitments to [Hampton-Stein] and others to induce [her] to provide ongoing consideration to NCFE for NCFE to perfect its interest in a $100,000,000.00 (one hundred million dollar) asset previously purchased from [Hampton-Stein] by NCFE. Had [Hampton-Stein] known NCFE did not intend to honor the [Settlement Agreement], [Hampton-Stein] would have never entered into the agreement. [Hampton-Stein's] sole purpose in entering into the [Settlement Agreement] was to be done with Defendants NCFE and Kairis, whom [Hampton-Stein] did not wish to be involved in any further.

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