Well said.
Ila
Sent from Ila's iPhone with a mind of its own.
On Jun 29, 2019, at 8:08 AM, Julia Pond <juliapond@xxxxxxxxxxx> wrote:
So far that I know of 3 people have contacted the FBI. Like many or all of
you, I can’t believe that the funds got into this condition in the absence of
wrongdoing.
--
Julia Pond
juliapond@xxxxxxxxxxx
On Fri, Jun 28, 2019, at 8:15 PM, Neil & Marilyn wrote:
I believe someone did call the FBI and they were aware, but that doesn't say
they care. Good point. Subject can be brought up at a meeting.
On Fri, Jun 28, 2019 at 8:12 PM Julia Pond <juliapond@xxxxxxxxxxx> wrote:
I’ll say it again...the possibility of wrongdoing seems pretty significant.
Anyone who hasn’t contacted the FBI and made a report should do so. There is
the appearance of a Ponzi scheme (huge difference between liabilities and
assets), the story as to how this came to be isn’t adding up, AND it is very
wrong that Ross’ attorney is the attorney for the receiver.
--
Julia Pond
juliapond@xxxxxxxxxxx
On Fri, Jun 28, 2019, at 8:07 PM, Neil & Marilyn wrote:
Good thought. I suppose when we, whoever we will be, we look at your
thoughts. This first meeting is just those that meet. We may have no
authority to talk for others, but it's at start. Neil 360 903 0055 or
nmr1311b@xxxxxxxxx
On Fri, Jun 28, 2019 at 8:00 PM Cbugas <chrisbugas@xxxxxxxxx> wrote:
Hello all,
My husband and I are reading as you have spoken among one another. We have
learned a fair amount. For instance: where are the payments that
previously were paid to investors-- where are these now going? And of
note-- if 2008 bankrupted the mortgage pools, how did it take so long to
result in the outcome of receivership? If no wrongdoing, how in a positive
financial climate ( one person mentioned 60% loan to value) how was such a
large difference experienced between assets and debts?
I spoke with an attorney representing the attorney recommended by my
brother. The recommended attorney , StephenC.Berman was from Harvard law,
so well trained. But more to the point, probably, he was my brother's
colleagues'recommendation -- she herself a bankruptcy attorney. The issue
is-- the charge seems exorbitant. The attorney who did my interview said
they would charge 300-700 per hour. I think the billing depends on the
work they are doing.
We are kind of with the person who previously said Hamstreet might be as
good as the next people to assess valuations and distribute fairly.
I could, perhaps recontact the representative attorney for Steven C Berman
and ask if he would be willing to meet one time to discuss. Or-- I could
use the one free hour offered to present the case as I understand it and
see what his recommendation is.
Chris and Jim
Sent from my iPhone
On Jun 28, 2019, at 7:13 PM, Neil & Marilyn <nmr1311b@xxxxxxxxx> wrote:
Yep Julia. Any advice from attorneys you talked and can add is good. If
your id Idaho, you'd need some advance notice of a meeting. I leave for
Sawtooths on July 5, so hopefully we can meet before that, else I won't be
back til about the 15th. But the meeting certainly can be without me.
Maybe just as well! :-) But somebody needs to get this started. Neil 360
903 0055 or email is nmr1311b@xxxxxxxxx.
On Fri, Jun 28, 2019 at 7:08 PM Julia Pond <juliapond@xxxxxxxxxxx> wrote:
Thanks you guys. I am in Idaho or I would come and be on the committee.
Wonderful if you can get some legal advice. I have had a couple of
attorneys give me their time free so far. But if we had one that would
represent us and file motions and give advice that would be so great. And
all chipping in, we can afford it.
I hope we can get a motion filed to get the receiver changed, at a
minimum.
--
Julia Pond
juliapond@xxxxxxxxxxx
On Fri, Jun 28, 2019, at 7:05 PM, Neil & Marilyn wrote:
My idea of attorneys is that we interview them, not be charged for the
interview. Need to know if they are up to the task and we all, who every
we all are, agree.
On Fri, Jun 28, 2019 at 7:00 PM Neil & Marilyn <nmr1311b@xxxxxxxxx> wrote:
I called him, but it was his office nbr and I left a message asking him
to call. He will! :-) He bought my last condo and he is a neighbor. Good
fellow. It's a start. Other than that, I would call the office of the
woman that did my will and ask her for a suggested attorney. There are
others I can call too if need be. Neil
On Fri, Jun 28, 2019 at 6:54 PM Neil & Marilyn <nmr1311b@xxxxxxxxx> wrote:
I have a thought on an attorney, but I'll need to call him. I think he
would help us get on the right track. I'll call him. :-)
On Fri, Jun 28, 2019 at 6:52 PM Troy Rendon <dmarc-noreply@xxxxxxxxxxxxx>
wrote:
Neil,
I’ll get a hold of you tomorrow.
Does anyone know a good business attorney that would be willing to meet
and give preferably free advice?
Sent from my iPhone
On Jun 28, 2019, at 6:27 PM, Neil & Marilyn <nmr1311b@xxxxxxxxx> wrote:
Ok Troy, Thanks. My cell nbr is 360 903 0055. I'll hope to hear from a
few others and we can meet. I assume, and I understand assuming is not
good, but that most folks live in Vancouver, or just across the river in
Portland. Neil
On Fri, Jun 28, 2019 at 6:24 PM Troy Rendon
<dmarc-noreply@xxxxxxxxxxxxx> wrote:
I’m interested.
Sent from my iPhone
On Jun 28, 2019, at 6:15 PM, Neil & Marilyn <nmr1311b@xxxxxxxxx> wrote:
I do have some exhibit C's, but I'll have to go back to my safe deposit
box and bring home and copy. Outside of that, many ask for someone to
step forward and take charge. On that, I say let's have a meeting very
soon, like this next week, given we, whoever we are, have no given
responsibility without a vote of all of the 200 I would think. But
let's get started!!! I'm willing to help get the process started, but
having a few other people in the loop, as in a small, informal
committee to keep things going in the right direction would be my
thought.Does anyone have thoughts on really getting started and just
not looking for someone else to do the job? Speak up everyone!! Neil
On Fri, Jun 28, 2019 at 12:44 PM bfranke <bfranke@xxxxxxxxx> wrote:
I see in the documents provided by Hamstreet, Exhibit C Limited
Liability Company Agreement, of which I never received a copy of when I
purchased contracts states in Article 3 under Members there is a 2/3 of
owners required for terminating Management agreement as I understand
it. Also in reading through this there are requirements for holding a
meeting to notify everyone. If one of the attorneys involved could
help facilitate the meeting and requirements that would be a good idea.
Sounds like the meeting needs to be in Portland, Or.
Article 16 Miscellaneous Has some interesting points. 16.9
Severablitiy. (If a provision is invalid, illegal or unenforceable to
any extent, and shall be enforceable to the fullest extent permitted by
law) 16.11 Arbitration. (Controversy or claim shall be settled out of
Arbitration Service of Portland, Inc and judgement may be entered into
the court) 16.12 Attorney Fees. (Prevailing part shall reover from
losing party reasonable attorney fees)
Is there a law that Members should have all received this Exhibit C on
the set up of the LLC. I also did not receive a disclosure document
that is mentioned in the agreements.
I am going to call Hamstreet and find out if management fees are still
being paid to American Equities and who is handling the incoming
payments form existing contacts. We have not received many details on
what is really going on.
I hope this info can be helpful for setting up a meeting. Is anyone
working on the motion that needs to be made in 30 days or setting up a
meeting?
Thanks. Belinda
From: aem-vanc-bounce@xxxxxxxxxxxxx
[mailto:aem-vanc-bounce@xxxxxxxxxxxxx] On Behalf Of Robert Johnson
Sent: Thursday, June 27, 2019 2:48 PM
To: aem-vanc@xxxxxxxxxxxxx
Subject: [aem-vanc] Another option- Remove AE as manager and appoint
another manager
If the mortgages in the pools still exist, and the owners are still
paying them, then according to my contract we, as pool owners, have the
option of simply removing AE and appointing a new manager. Please check
your contracts and prospecti to see if you also have this provision.
Sent from Rob's iPad Pro
