Deposition of Scott Rothstein re - Trustee Services
Deposition of Scott Rothstein re - Trustee Services
Deposition of Scott Rothstein re - Trustee Services
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1 very long period <strong>of</strong> time.<br />
Page 49<br />
2 Q. So going back to this deal, which is<br />
3 <strong>re</strong>fe<strong>re</strong>nced in the e-mail which is 00203 with the<br />
4 subject line Picou loan. Was it your understanding<br />
5 that this was structu<strong>re</strong>d as a loan?<br />
6 A. Yes.<br />
7 Q. Do you know whether or not Mr. Tonacchio<br />
8 and/or Mr. Lipsitz understood that it was structu<strong>re</strong>d<br />
9 as a loan?<br />
10 MR. SALIM: Form.<br />
11 THE WITNESS: That's the way I pitched it,<br />
12 as a loan.<br />
13 BY MR. GAY:<br />
14 Q. If you'd look at Document 00178. Let me<br />
15 know when you have that in front <strong>of</strong> you.<br />
16 MR. SALIM: What number?<br />
17 MR. GAY: 178.<br />
18 THE WITNESS: I have that.<br />
19 BY MR. GAY:<br />
20 Q. Do you <strong>re</strong>cognize that document?<br />
21 A. I do.<br />
22 Q. Can you tell me what it is, please.<br />
23 A. It's a promissory note that I c<strong>re</strong>ated<br />
24 <strong>re</strong>lative to the Picou loan.<br />
25 Q. And that promissory note set forth the same
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