H & fj

Out of context: Reply #8

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    In June 2003, the partners and HTF Chief Operating Officer, Carleen Borsella (Hoefler's wife -who had begun working for HTF in 2002 in a business and marketing role-hired a public relations consultant to implement the name change: Jonathan Hoefler, Principal of The Hoefler Type Foundry, and Tobias FrereJones, Type Director of The Hoefler Type Foundry, announced today that they have entered into an agreement to become equal partners and to rename the business Hoefler & Frere-Jones Typography.

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    Upon information and belief, Hoefler transferred to his wife, Borsella, the shares that he had promised to Frere-Jones and Hoefler and Borsella are now the owners of 100% HTF

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    Frere-Jones has suffered damage from the breach in an amount to be determined at trial but not less than $20 million

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