THE WELCH COMPANY
440 Davis Court #1602
San Francisco, CA 94111-2496
415 781 5700


S U M M A R Y


DIARY: October 25, 1999 03:14 PM Monday; Rod Welch

Received new agreement with UPR on Pier 11 Fender project.

1...Summary/Objective


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CONTACTS 
0201 - Wolkin & Timpane                     415 982 9390 fax 4328
020101 - Mr. Peter Soares, Esq.
020102 - psoares@wolkintimpane.com

SUBJECTS
Pier 11 Fender project
Stipulated Judgements
Pleadings

0505 -    ..
0506 - Summary/Objective
0507 -
050701 - Follow up ref SDS 69 0000, ref SDS 68 0000.
050702 -
050703 - Received ref DRT 1 0001 from Peter Soares at Wolkin & Timpane
050704 - transmitting proposed agreement, and confirming our telecon on 991022,
050705 - setting a meeting on 991103 1000. ref SDS 68 0001
050706 -
050707 - There are two documents to sign...
050708 -
050709 -     1.  AFFIDAVIT OF CONSENT TO ENTRY OF DEFAULT AND DEFAULT JUDGMENT,
050710 -         ref OF 1 0001
050711 -
050712 -         This document is dated 991003 for some reason. ref OF 1 2814
050713 -
050714 -         Para 2, says service was on 990805, ref OF 1 7830; our record
050715 -         shows we received the summons on 990806. ref SDS 57 0001
050716 -         Possibly I received the document on 990805 and did not record
050717 -         it until the next day, but that would not be the normal
050718 -         procedure.
050719 -         ..
050720 -         Para 4, ref OF 1 2607, should probably include filing
050721 -         the letter to Mike on 990901 so that the basis for entering
050722 -         the judgement is set out in the record. ref DIP 12 3966  This
050723 -         can be accomplished by amending para 4 to read...
050724 -
050725 -            I am aware that counsel for Plaintiffs, Donald G.
050726 -            Ousterhout, will file a request for entry of default and
050727 -            default judgment against me, and I consent to having my
050728 -            default taken in this Lawsuit, as set out in my letter to
050729 -            Wolkin & Timpane on September 1, 1999.
050730 -
050731 -            [On 991103 reference was added. ref SDS 71 0001]
050732 -
050733 -     2.  Agreement for Resolution of Lawsuit on Promisory Note and
050734 -         Covenant not to execute judgement for six months. ref OF 2
050735 -         0002
050736 -
050737 -         This document is to be dated when signed. ref OF 2 7676
050738 -
050739 -     Shouldn't the documents have the same date, or otherwise the
050740 -     affidavit should be dated after the date of the agreement?
050741 -        ..
050742 -     Attorney fees in the amount of $5,752 seem fairly nominal in
050743 -     relation to the overall obligation, but should be supported in the
050744 -     record. ref OF 2 5865
050745 -
050746 -        What does the Repayment Agreement say? ref OF 2 5865
050747 -
050748 -        On 990901 Welch agreed to a stipulated judgement in order to
050749 -        avoid escalating fees. ref SDS 63 3955
050750 -
050751 -        Reasonable fees for calls, email, filing the action and
050752 -        preparing the agreement may be warranted.
050753 -
050754 -
050755 -    [On 991031 submitted response to Peter. ref SDS 70 0001]
050756 -
050757 -
050758 -
050759 -
050760 -
050761 -
050762 -
Distribution. . . . See "CONTACTS"