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Poulos & Campbell, P.A.

Attorneys at Law

August 8, 1995

Via Facsimlie

Peter C. Fessenden, Esq.

20 Federal Street

P.O. Box 694

Brunswick, ME 04011-0694

Dear Peter:

On the basis of the information I review with you and Gerry Kelly last Friday, it is very clear that Mrs. Petit has been conducting extensive post-petition operations beyond having people just doing work on her case against Key Bank. I think the deposition testimony of Mike Marcello, together with Ron Caron's acknowledgement, proves beyond any doubt that Mrs. Petit has been employing people to work on the Penobscot Indian case filed against Key Bank, Berstein Shur and others.

In order to help prove that she is conducting the operations rather than Ron Caron, you should obtain detailed documentation from the following:

    1. The landlord of 23 Water Street, Saco, Maine, including but not limited to:
    1. the date of the first lease; the terms and conditions of the lease; how and by whom monthly payments are being made.
    2. The date of the transfer of the lease to Ron Caron; how and by whom payments have been made since the transfer to the present date
    1. New England Telephone
    1. copies of all bills regarding the payments up to June 4, 1993 as listed in the accounting attached to your interim report.
    2. Copies of all bills from June 4, 1993 to the present date for the same telephone numbers regarding the previous payments.
    1. Central Maine Power Company
    1. copies of all bills regarding payments up to June 4, 1993 as listed in the accounting attacted to your interim report.
    2. Copies of all bills from June 4, 1993 to the present day for the same meters regarding the previous payments

Once this documentation is obtained, I believe that Sharri Girard, Shirly LeBlanc, and Ron Caron should be deposed before any further hearings are conducted in U.S. Bankruptcy Court. These people should be subpoened with a request that they produce all records pertaining to their work for Mrs. Petit and/or Ron Caron for the period covering January 1, 1990 to the present date, including their federal and state income tax returns for the years 1990-1994.

The documentation from the landlord, New England Telephone and Central Maine Power and the testimony of the deposed individuals should provide strong evidence to support any litigation against Mrs. Petit, Ed Simpson, Paul Richard, Steve Gordon, and Ron Caron for acting in concert with her or providing substantial assistance to her regarding the breach of her fiduciary duties to the creditors. The post-petition operations could not have been concealed for as long as they have been without the active participation of all these individuals.

I would like to be kept informed on a current basis as you receive further documentation and I would also like to be present and allowed to ask questions at the depositions of the above-named individuals.

If you have any questions or would like to discuss this matter further, please let me know.

Very truly yours,

Richard E. Poulos

REP:je

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