<p><a name="_MailOriginal"><strong>From:</strong></a> John Soden &lt;soden.j@gmail.com&gt;<br />
<strong>Sent:</strong> 27 August 2020 16:52<br />
<strong>To:</strong> Stephen Nurse &lt;nurse_stephen@hotmail.com&gt;; Steven Partridge &lt;sjpmhh@gmail.com&gt;; Stephen Phillips &lt;stephen.phillips@templebright.com&gt;; Nick Curtis &lt;n.curtis123@btinternet.com&gt;; Nicholas Stockdale &lt;nicholasstockdale@googlemail.com&gt;; Denis Shafranik &lt;denis@ermakgroup.com&gt;; Simon Beswick &lt;simon.beswick@osborneclarke.com&gt;; David Smith &lt;parkhouse87@btinternet.com&gt;<br />
<strong>Subject:</strong> Fwd: HARCOURT - WITHOUT PREJUDICE</p>

<p>&nbsp;</p>

<p>Dear all,</p>

<p>Received out of the blue.</p>

<p>He is owed &pound;171k in respect of the original management contract for the pub and so he needs to be dealt with when we do take control.</p>

<p>It is extraordinary that JM has the gall to just hide from this and pass it on as if it is nothing to do with him.</p>

<p>The obvious response is that we have no locus in this and to push him back onto JM in the first instance but it is not unhelpful to open up a dialogue. Ideally I think we want Endean to stew a bit, to make him think that we believe there is a major doubt over his contract,that the Harcourt is on the verge of collapse because it has no cash and there is no money to pay him so that we can potentially set him up for a quick heavily discounted settlement assuming that we do put money into the SPV.&nbsp;</p>

<p>Thoughts on approach?</p>

<p>Another thought for Stephen Phillips. I am also wondering if we could/should tell him that we are looking at setting up a CVA which provides that creditors are paid Xp in the &pound; and on that basis shareholders will put in new money to enable them to be paid. Should we be thinking about it anyway for the pubs and do we think we could get the necessary majority to carry it? If we had a deal with JM and had control of his claims it might give us a significant stake to build a majority. Or is this all too much?</p>

<p>&nbsp;</p>

<p>Sent from my iPad</p>

<p><br />
Begin forwarded message:</p>

<p><strong>From:</strong> andrew endean &lt;<a href="mailto:aendean27@gmail.com">aendean27@gmail.com</a>&gt;<br />
<strong>Date:</strong> 27 August 2020 at 15:47:40 BST<br />
<strong>To:</strong> <a href="mailto:soden.j@gmail.com">soden.j@gmail.com</a><br />
<strong>Subject:</strong> <strong>HARCOURT - WITHOUT PREJUDICE</strong></p>

<p>﻿Dear John<br />
<br />
Can we please have a meeting to discuss our outstanding fees / payments for services related to our management contract at the Harcourt<br />
<br />
I have spoken to James and he has confirmed that you are our new point of contact ( on behalf of the Investors ) &nbsp;. We have formally written to Harcourt Inns and have put them on notice that we intend to take legal action . The period has expired and we are due to raise a cheque for &pound;8,500 to cover the courts costs which in turn will be recoverable as will any loss of interest etc<br />
<br />
Please can we meet to tomorrow before say 11am or after 4pm ( virtual or in London )<br />
<br />
<br />
Kind regards<br />
<br />
<br />
<br />
Andrew Endean<br />
07920 834242</p>