Special Executive Board Meeting, 28 January 2004 at  11:00am

Meeting called to order at 11:18 am at the law offices of Sugarman and Susskind. Present: Walker, Fox, Apana, Ballard, Levin, Raimondi, Warner; absent: Harp; excused: Roitstein. Also present: Robert Sugarman.

Counsel Sugarman gave a brief overview of bankruptcy law and explained what has happened to date in the FPO bankruptcy case. The Board reviewed the FPO Disclosure Statement and Reorganization Plan with Counsel. Counsel suggested the Board research several issues, including the possibility of an extension of the Florida endowment fund deadline, before meeting again to discuss with FPO musicians whether to object to the Reorganization Plan. The Board also discussed the FPO plan to reject the CBA, and was in agreement that it would be appropriate to fight this to preserve management's obligation to negotiate with the Union and to preserve the tenure rights of the musicians. There was a brief discussion of other legal action pending, including the FGO grievance and the security deposit from the former office location.

The meeting adjourned at 2:05 pm.

Jeffrey Apana, Secretary-Treasurer