Promissory Note (April 10, 2018) — Dr. Bradley Foerster, Dr. Myria Petrou, Dr. Paul Cronin, and Dr. Aine Kelly
A promissory note is executed on April 10, 2018 between Dr. Bradley Foerster and Dr. Myria Petrou and Dr. Paul Cronin and Dr. Aine Kelly.
The note reflects a principal amount of $235,000 and consolidates prior advances, including amounts reflected in the 2017 promissory note.
The agreement establishes an interest rate of 6% with annual compounding and governs all subsequent payments and accounting.
This post presents the promissory note executed on April 10, 2018 between Dr. Bradley Foerster and Dr. Myria Petrou and Dr. Paul Cronin and Dr. Aine Kelly.
The note was executed on the advice of attorney Cyril Hall, who represented Dr. Foerster and Dr. Petrou and Dr. Cronin in connection with the underlying matters.
The April 10, 2018 promissory note was drafted and edited by Dr. Aine Kelly and consolidates prior advances made during 2016 and 2017, including amounts reflected in the initial 2017 promissory note, establishing the principal, interest rate, and repayment terms governing the obligation.
Documents
Promissory Note (April 10, 2018)
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Promissory Note dated April 10, 2018, reflecting principal amount of $235,000 and governing repayment terms.
The April 10, 2018 promissory note reflects a principal amount of $235,000 and provides for interest at 6%, with annual compounding.
The note consolidates prior advances that had been made over time and formalizes those amounts in a single written agreement.
The record reflects that these advances included payments made to third parties on behalf of the borrowers during a period in which Dr. Foerster and Dr. Petrou’s bank accounts had been frozen.
Contemporaneous accounting maintained by the lender reflects the underlying disbursements to the parties during this period and is addressed in the following post.
This April 10, 2018 promissory note forms the governing instrument for all subsequent payments and accounting between the parties.
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Brad Foerster, MD PhD
Brad Foerster is a FOIA advocate documenting requests, transparency disputes, and accountability investigations involving public agencies, universities, police oversight, and Russia-Gate related inquiries. His work compiles original documents, timelines, and analysis of public records and institutional responses. Brad is also a board-certified radiologist, author of Town & Gown, and has published over 40 peer-reviewed articles. Brad lives in Potomac, Maryland with his family and is active in the Montgomery County Medical Society and the Takoma Park U.S. & World History Book Club.