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am really saying.
THE COURT: Is
it
anything but a cash sale, an uncondition�l
cash sale?
MR. BROWNE: I believe it is, Your Honor. The point is
we have these documents available for Mr. Chodos. He asked
us to bring the Big Sandy file do1,m to the court, and subpoenae,l
it.
And
it
has been here ever since the beginning.
It is subject to a binding cont ract of sale. The
escrows have closed.
THE COURT: I will do this, gentlemen, but nothing further.
I will give
assuming that the documents are all
available at this tL�e
Are they, Mr. nro��e?
�..R.
BP.OHNE: I don• t know
if
we have them_in this court
this instant. We had them yesterday.
THE COURT: i·1ell, all right. I think tha receiver
How much time would you need to take a look at those documents,
Judge Weisman, to make certain there is no problem?
I am just mnking the assumption, frankly -- and
perhaps I was wrong in that regard -- this is a cash transactioh
with no conditions attached, and when the escrow closes,
$10.6 million is to be handed to the sellers, less any possible
escrow --
MR. CiIODOS: Hr ..
Helge's
telegra.'11 of January 5 says to
Mr. Turner, who is the lawyer for the buyers, attached to his
declaration, he says, nwe ask that interest at the rate of
10 percent per annum on the balance of the purchase price of
10 percent
on the balance of purchase price of $10,100,000
shall be paid directly to Worldwide Church of C�d; said