| Sam Sloan 2005-01-20, 5:47 pm |
| On Thu, 20 Jan 2005 14:24:06 GMT, sloan@ishipress.com (Sam Sloan)
wrote:
quote:
>On Wed, 19 Jan 2005 15:14:42 -0500, "Tim Hanke"
><timothyhanke@comcast.net> wrote:
>
>
>The deal you negotiated was with a guy in England who had no assets,
>operations or physical presence in the United States and who had very
>little money and no regular job even in England. It was a totally
>worthless deal which would have been absolutely impossible to enforce.
>
>I would not be bragging about it if I were you.
>
>Sam Sloan
At 09:00 AM 1/20/2005 -0800, kaarlo schepel wrote:
quote:
> Hi Sam, & Bridge shop in Central London at a prestigious location. He
>has been in business for at least 15 years, is just as respectable as Hanon
>Russell (at least in England), and publishes and is editor of CHESS, one of
>the two top monthly chess magazines in the United Kingdom. When you
>discussed him last year, I pointed this out. Malcolm Pein and his company
>keep their word and also pay on time. The only thing you could hold against
>him is that he is not American. But that applies to 98% of the world
>population. TWIC has been incorporated on his website, and has been a
>prominent attraction for some 10 years. If you are not talking about
>Malcolm Pein, please tell us whom you refer to.
> kaarlo
Dezr Kaarlo,
The issue is not whether Malcolm Pein is a good guy or a bad guy or
how reliable he is or how long he has been in business. The issue is
that Malcolm Pein has no operations of any kind in America. The USCf
through Bill Goichberg make a deal with Chess Cafe under which Chees
Cafe agreed to pay $350,000 per year. Already, there are a lot of
unanswered questions about this deal. Does this include the sale of
USCF memberships by Chess Cafe? Does this include concessions from
sales at book stalls set up by Chess Cafe at scholastic events such as
the National Elementary Championship? The contract concludes in March.
This does not mean that Chess Cafe will pay the $350,000 in March.
They are likely to pay 30, 60 or 90 days later, as most businesses do.
Nevertheless, the owner of Chess Cafe, Hanon Russell, is a practicing
lawyer with a significant legal practice in Connecticut. He has
represented the USCF in Court cases such as the Stan Vaughan
litigation. He has been involved in USCF affairs for at least 20
years.
This is by no means a guarantee that he will pay the $350,000, but in
view of his past track record we feel that he will pay. If he does not
pay, we can file a court case against him.
Malcolm Pein is in England. He has no intention of moving to the
United States and could not do so anyway for health insurance reasons.
If the USCF had entered into a contract with Malcolm Pein, there is no
way that we could have filed a court case against him. Neither courts
of New York nor the courts of England would have taken jurisdiction
over such a case.
Tim Hanke campaigned for election in 2003 on a platform to "get rid of
the books and equipment business". It became apparent that he intended
to do exactly that. If the deal Tim Hanke made with Malcolm Pein had
gone through, Malcolm would have had perhaps a moral obligation to
pay, but would have been under no legally enforcable obligation to do
so.
Sam Sloan
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