By clause 6 the Claimant will account for the payment of
Expenses (defined in Clause 5) including by the delivery of
receipts and other evidence of payment of Expenses as the
Claimant receives from Mr. Chudson and Dr. Surner.
By clause 7 the Claimant agreed to allocate the Expenses
between researches and prosecution of Claims for Posener
Property and any Claims that did not involve the Defendants.
8. “The parties agree that in the event that the JCC, any
German court or any German agency (including without
limitation the Bundesamt) makes any award for Claims for
Posener Property supported by Claim Documents and/or
prosecuted by Dr. Surner, the parties shall not direct the JCC
or any German court or German agency to pay the Awards
directly and that all Awards shall be paid to Surner out of
which he shall pay his fees and shall then allocate the balance
of the Awards (if any) as follows:
(a) Surner shall first remit to Tony out of the Awards sufficient
funds to reimburse him for the Expenses he has incurred with
respect to such Claims;
(b) Surner shall pay the remainder of the Awards with respect
to such Claims, if any (the Net Awards), in the following
percentages: 30% to Tony (“Tony’s Percentage”); and 70% to
Nicky and Mike to be apportioned among all heirs of Siegbert.”
9. “In the event that Mike and/or Nicky breach their
obligations under this Agreement, including without limitation,
their obligation not to seek direct payment of any Awards for
Claims for Posener Property and fail to reimburse Tony in full
for his Expenses and/or for Tony’s percentage, Mike and Nicky,
jointly and severally, hereby agree to indemnify and hold Tony
harmless from and against all losses, liabilities, costs and
expenses, including without limitation legal fees and
disbursements, that relate to or arise out of such breach.”
Clause 10 provides that the contract is governed by the laws of
the Commonwealth of Massachusetts and that may not be
waived, amended or the obligations in the contract terminated
in whole or in part except by a writing executed by all parties.
Clause 11 provides that the contract is an entire agreement and
supersedes any prior understanding or agreements of the
parties.
43.
The expert, Judge van Gestel, was instructed on 9 th June 2017 (3 working weeks
before trial) and produced his report by 20th June 2017. He was asked part 35
questions by both sides and produced his replies by Thursday 29 th June 2017, with the
trial starting the following Monday.