which was originated

and edited by Kanter.   At the time of trial, Kanter was a senior

editor with the Journal of Taxation.    Kanter is generally

recognized as renowned in his field.    All of this has resulted in

a successful and prolific law practice, which has led to Kanter’s

not only being engaged in the practice of law but also to his

being extensively involved in consultation, development, and

investments in a number of various business fields and

enterprises.

     Commensurate with his reputation as a highly successful and

skillful tax lawyer, Kanter, over the years, has amassed an

impressive array of business and professional clients and

contacts in business and industry throughout the United States.

For instance, Kanter has performed extensive legal work for the

Pritzker family, majority owners ofthe Hyatt Corp., a major

hotel company in the United States.    He is and was a good friend

of certain of the Pritzker family members, including the late

A.N. Pritzker, the head of the Pritzker family, whom Kanter
                                -40-

personally represented.    Kanter also served as a director on

several corporate and charitable organization boards.

     Kanter has made many investments through numerous entities,

including corporations, partnerships, and family trusts.     Some of

these family trusts are trusts the income of which is taxable to

Kanter pursuant to the grantor trust provisions of sections