Re: 344 Lutgarda Mariano- Vancouver BC Office Closure

From
Michele Boehmer <mboehmer@thekey.com>
To
eclark@thekey.com
CC
Laszlo Kovacs <laszlo.kovacs@thekey.com>, marykatherine.cope@thekey.com, Timothy Thomas <tt@thekey.com>, Lito Delapena <lito.delapena@thekey.com>, sara.stuhlsatz@thekey.com, katherine.cope@thekey.com, natalie.cahoone@thekey.com, Melissa Reyes <melissa.reyes@thekey.com>, Audra Williams <audraw@thekey.com>
Date
Mon, 7 Apr 2025 08:55:06 -0700
Folder
INBOX
--0000000000003aa82a0632324387 Content-Type: multipart/alternative; boundary="0000000000003aa8290632324386" --0000000000003aa8290632324386 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Yes, please proceed. On Mon, Apr 7, 2025 at 8:50=E2=80=AFAM wrote: > Thank you, Michelle. > > > > Sounds like we should write this off, based on the below and our recent > experience with the CAD law firm. Please let us know if this is approved = @Laszlo > Kovacs @Michele Boehmer > > > > > > Kind regards- > > > > *Elizabeth Clark* > > Director | *TheKey* > > Mobile: 619.822.4855 > > > > > > *From:* Michele Boehmer > *Sent:* Monday, April 7, 2025 8:27 AM > *To:* Audra Williams > *Cc:* Elizabeth Clark ; marykatherine.cope@thekey.com; > Timothy Thomas ; Lito Delapena ; > sara.stuhlsatz@thekey.com; Laszlo Kovacs ; > katherine.cope@thekey.com; natalie.cahoone@thekey.com; Melissa Reyes melissa.reyes@thekey.com> > *Subject:* Re: 344 Lutgarda Mariano- Vancouver BC Office Closure > > > > Thanks for looping me in. While Lutgarda owes us $39K in royalty, when w= e > took her clients we absorbed $120K in monthly revenue > without purchasing these clients from her. Our school of thought was tha= t > while it is unlikely that we will collect the royalty revenue, we have > already recouped the loss of those funds with the profit we have gained > from the business we took over. I feel any efforts to collect these fund= s > will be in vain as she owes a very large sum to CTA and they will be > getting their money first. > > > > On Mon, Apr 7, 2025 at 8:01=E2=80=AFAM Audra Williams = wrote: > > Adding in +Michele Boehmer for visibility. > > > > I highly doubt that we will be able to recoup this, but Michele is the > closest to this and will be able to add thoughts. > > > > Best, > > > > On Fri, Apr 4, 2025 at 9:07=E2=80=AFAM Elizabeth Clark wrote: > > Good Morning > > > > Circling back to this topic as the franchise owner never paid her balance= . > I would suggest we write this off to bad debt if we are not going to purs= ue > here successfully in the next 180 days. Is there any collateral/leverage = we > have from her being a previous franchise owner we can leverage to recoup > this? > > > > On Wed, Feb 5, 2025 at 3:10=E2=80=AFPM wr= ote: > > @sara.stuhlsatz@thekey.com =E2=80=93 Thank yo= u for > looping me in. > > > > *Katherine Cope* > > *Accounting Manager * > Mobile: 865.789.4301 > > > > TheKey.com > > > > > > > > > > *From:* sara.stuhlsatz@thekey.com > *Sent:* Tuesday, February 4, 2025 12:23 PM > *To:* eclark@thekey.com; 'Laszlo Kovacs' ; > katherine.cope@thekey.com > *Cc:* natalie.cahoone@thekey.com > *Subject:* RE: 344 Lutgarda Mariano- Vancouver BC Office Closure > > > > +@katherine.cope@thekey.com for visibility > into Franchise AR and allowance impacts. > > > > Kind regards, > > *Sara Stuhlsatz* > > *Accounting Manager* > (620) 240-9375 > Wichita, KS > > TheKey.com > > > > > > > > > > *From:* eclark@thekey.com > *Sent:* Tuesday, Fe

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