Did the Legal Representation Adequately Protect the Home of Drs. Foerster and Petrou? The November 2017 Reynolds-Evans Correspondence

In early 2017, Drs. Foerster and Petrou retained attorneys Michael Reynolds and Mark Evans following referrals involving Tarick Seifeddine, who was then married to Duaa Altaee, and Hakim Fakhoury. Reynolds and Evans were retained to protect Drs. Foerster and Petrou's properties and assets during a period that included frozen bank accounts, active litigation, foreclosure proceedings, the August 2017 sheriff's sale of their home, and the approaching February 2018 redemption deadline.

By November 2017, however, Drs. Foerster and Petrou believed that Bank of Ann Arbor had become the central issue in the loss of their home and other assets. Their November 17, 2017 letter expressed frustration that the frozen accounts remained unresolved, that additional properties and collateral had not been released, and that the sheriff's sale had proceeded despite concerns regarding the foreclosure process. The letter repeatedly returned to a single question: why had Bank of Ann Arbor not been added to the litigation despite repeated requests? It also questioned statements attributed to Mark Evans that "you don't sue banks" and asked why the Bank's actions, the frozen funds, and the remaining collateral were not receiving greater attention.

Reynolds and Evans responded at length to many of the issues raised in the correspondence. They explained their positions regarding payment disputes, the proposed Paul Cronin guarantee, discovery, depositions, FOIA requests, financing issues, the frozen funds, and the scope of the representation. What neither attorney substantively engaged, however, was the central premise of the November 17 letter: that Bank of Ann Arbor itself had become the principal issue requiring immediate attention and a more aggressive litigation strategy. The documents reproduced below chronicle that disagreement and the events that culminated in counsel's withdrawal from the representation.

Certain identifying information has been redacted pursuant to a court-ordered confidentiality agreement.

Exhibit 1 – November 7, 2017 Letter Regarding Payment and Proposed Withdrawal

On November 7, 2017, Mark Evans advised Drs. Foerster and Petrou that unless outstanding fees were paid, he and Michael Reynolds would seek leave to withdraw from the representation.



Exhibit 2 – November 17, 2017 Letter Concerning Bank of Ann Arbor and the Representation

On November 17, 2017, Drs. Foerster and Petrou transmitted the following correspondence to Michael Reynolds and Mark Evans. The letter identified what Drs. Foerster and Petrou believed were the most significant unresolved issues affecting their home and other assets, including the frozen accounts, the sheriff's sale, the release of collateral, and the role of Bank of Ann Arbor in the underlying events.





Exhibit 3 – November 21, 2017 Letter Confirming Withdrawal

On November 21, 2017, Mark Evans responded to the November 17 correspondence and advised Drs. Foerster and Petrou that he and Michael Reynolds had concluded that withdrawal from the representation was required.

n
Exhibit 4 – November 22, 2017 Request That Counsel Remain

On November 22, 2017, Drs. Foerster and Petrou responded by asking Reynolds and Evans to reconsider their decision to withdraw and continue the representation through the approaching February 2018 redemption deadline.

Exhibit 5 – November 27, 2017 Reynolds Response

On November 27, 2017, Michael Reynolds responded to the November 17 correspondence. The letter addressed a number of the concerns raised by Drs. Foerster and Petrou, including the frozen funds, discovery, depositions, financing issues, FOIA requests, and foreclosure-related matters, while confirming that withdrawal from the representation would proceed.

Exhibit 6 – November 28, 2017 Response Requesting Continued Representation

On November 28, 2017, Drs. Foerster and Petrou responded to Reynolds' letter, again asking Reynolds and Evans to continue the representation through the redemption period.

Exhibit 7 – November 29, 2017 Evans Final Response

On November 29, 2017, Mark Evans responded to Drs. Foerster and Petrou's November 28 letter. Evans stated that his and Michael Reynolds' position regarding withdrawal remained unchanged and discussed issues including payment, the proposed Paul Cronin guarantee, and the Bank of Ann Arbor attorney Leroy Asher.

Related Reporting

Attorney Michael Reynolds' Unfinalized Invoice: A Repayment Agreement, Collection Efforts, and Unproduced Billing Records (2017–2023)

What Did the $25,000 Payment Settle? Correspondence Concerning the Reynolds-Evans Litigation

Author Image

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.