FanShot

I was very surprised to read in the paper today that the Executors of Mr. Pollin’s Estate are a...

9

I was very surprised to read in the paper today that the Executors of Mr. Pollin’s Estate are attempting to find a way around the appraisal process Mr. Pollin put into place for my partners and me-and only my partners and me — to pay fair market value for the portion of the WSELP properties we don’t already own. We were even more surprised to see that a memo was circulated to WSELP employees (and keep in mind I already own 44% of WSELP) that didn’t even mention the appraisal process that Mr. Pollin agreed to more than 10 years ago and that the Pollin estate (through their lawyers) have committed to in writing. I’m sure this must have been an oversight on their part.

via Ted Leonsis' blog, Ted's Take