NXIVM Settlement Blunder: Plaintiffs Fumble $116,000 in Legal Battle – With Nancy Salzman on Top for Now

June 30, 2024
Nancy Salzman's Facebook profile photo

Procedural Error in NXIVM Settlement Agreement

It appears the plaintiffs in the NXIVM case (Edmondson et. al. v. Raniere et. al.) made a procedural error in the settlement agreement with defendant Nancy Salzman, the co-founder and former president of NXIVM.

The dispute is over $116,000.

Some 70 plaintiffs sued Salzman, Keith Raniere, Clare Bronfman, Sara Bronfman, and others in January 2020 for alleged abuses within NXIVM. Salzman agreed to settle in September 2022 by providing information against the other defendants and selling three properties, with “net proceeds” going to the plaintiffs and their attorneys, led by Neil Glazer.

Neil Glazer

 Redefining “Net Proceeds”

After selling the properties for $600,000, Salzman decided to redefine “net proceeds” in the settlement agreement and deduct an additional $116,000 for federal capital gains taxes. The original settlement agreement does not include capital gains taxes in the definition of net proceeds.

Now out of prison, Salzman knows that possession is nine-tenths of the law. Salzman handed over her version of the net proceeds—about $400,000—and kept the $116,000.

Attorney Glazer’s Request

Attorney Glazer sought a court order from US District Judge Eric R. Komitee to compel Salzman to pay him the $116,000.

The net proceeds from the sale of the three properties, with the $116,000 deducted, amount to approximately $409,000. With the standard attorneys’ fees of 1/3 to Glazer and his firm ($135,000), the distribution to the 70 plaintiffs, if divided equally, amounts to about $4,000 per plaintiff. If Glazer prevails, the plaintiffs will net an additional $1200, and Glazer’s firm will collect an extra $39,000.

Judge Eric Komitee’s Decision Is In

The Federal Rules of Civil Procedure 41(a)(1)(A)(i) allows plaintiffs to voluntarily dismiss a defendant without a court order, which they did with Salzman. However, this means the court no longer has automatic jurisdiction over matters involving Salzman in this civil case. She’s out.

If Glazer wanted the court to retain jurisdiction over the settlement agreement after the plaintiffs dismissed the case, the dismissal order had to state that the court retained jurisdiction to enforce the settlement agreement.

It did not.

Judge Komitee’s decision referenced Hendrickson v. United States, which established that simply dismissing a case does not automatically allow the court to retain jurisdiction over a settlement agreement. There needs to be clear language in the dismissal order indicating that the court retained jurisdiction.

Challenge for Plaintiffs

Since the plaintiffs dismissed Salzman without a court order retaining jurisdiction with the court over the settlement agreement, they now face the challenge of proving why the judge should enforce the contract. The prospects look bleak based on the judge’s citation of the Hendrickson case.

Glazer could sue Salzman in a separate lawsuit for breach of contract. If the action survives a summary judgment, Salzman would be entitled to a jury trial.

Proper Policy

The correct policy in dealing with former NXIVM executives is to assume they will find a legal sidestep and ensure that the court’s dismissal order retained jurisdiction over the settlement agreement at the time of Salzman’s dismissal, which they did not.

This would have avoided the current dispute.

On a happier note, Nancy Salzman, who is now on probation and recently brought a cat named Lilly into her home.

Lilly

The properties and their sales prices were:

– 3 Hale: $230,000 (where Lauren Salzman lived before she bought her own home)

 9 Hale: $190,000 (Next to Keith Raniere’s library, once occupied at various times by Michelle Salzman, Loreta Garza, and Sylvie Lloyd)

 203 Yorktown Drive: $180,000 (Occupied by Dawn Morrison)

Salzman is Free

Salzman is out of prison. She completed her stay in a halfway house and returned to suburban Albany, where she had assisted Keith Raniere for 20 years in leading a community called NXIVM. She is on probation.

MK10ARTs painting of Nancy Salzman
MK10 Art’s painting of the two NXIVM leaders, Raniere and Salzman.

MK10ARTs painting of Nancy Salzman
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Frank Parlato
Frank Parlato is an investigative journalist, media strategist, publisher, and legal consultant.
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Anonymous
Anonymous
1 year ago

Any update??

News
News
1 year ago

Update?

Anonymous
Anonymous
1 year ago

And who makes the best turds in upstate New York and the country? Is there anyone who can judge? Not many. I propose that Suneel be the judge. Any contestant can submit a photo with their entry. Keith will have a hard time entering this contest, but if he enters, Keith will win. However, older application photos will also be accepted. This guarantees that Keith can enter and win. Because Keith wins every contest. His ambition is far too great for him not to win, or even come in second, or settle for an even lower place. The considerable prize money is provided by Claire and transferred to the future winner, Keith. The prize money is guaranteed to be five or six figures.

Anonymous
Anonymous
1 year ago

Bronfman’s smuggled booze, drugs and humans during prohibition. Underground tunnels. Canada, NY and Minnesota. Bronfman part of Viacom , MTV, Smallville.
Bronfmans and Universal. Nickelodeon and Pdiddy, Jlo. Underground tunnels,Trafficking. Justine Bieber, Aaron Carter. James Gunn, Jesuits, Vatican, Zionists, Satanic Synogauge, UN, DC, Superman, CIA, KGB, MI6. Alcohol, AI, Masons, Bohemian Grove, Russian River, Govenor California, vice president USA. Africa, Israel. Epstein, Jean Luc Brunel….Lolita, child trafficking, Hollywood.

KEMAR!!!
KEMAR!!!
1 year ago

I AM KEMAR!!

YOU FRANK REPORT SCUM WILL ALL BURN IN HELL!!!! MY FATHER IS BRILLIANT! FRANK PARLATO IS A FUCKING PIECE IF SHIT!!!
FUCK YOU, PARLATO!! I HATE YOU!! SUNEEL WILL WIPE CLARE BRONFMANS ASS THEN SHOVE THE TOILET PAPER DOWN YOUR THROAT!! DANIELLE ROBERTS WILL BRAND YOUR BITCH FUCKING ASS!!!!

FUCK YOU, FRANK!!

I AM KEMAR!! KEMAR!!!

Anonymous
Anonymous
1 year ago
Reply to  KEMAR!!!

Shut up!

Peaches
Peaches
1 year ago

I will literally pay money to know what the old lady is. Ive imagined it’s where Nancy gets her hugs and kisses from. It’s the best she can do and it’s better than the real thing or no hugs at all.
P.s real cash money to who ever figures it out.

Pilgrim
Pilgrim
1 year ago
Reply to  Peaches

Peaches, did you not see my post? I cracked the case:

“Yes, I did some Investigative Journalism into this. Turns out, it is Suneel’s sex doll. Nancy was holding onto it temporarily while Suneel was staying with Clare because she needed him to wipe her ass.”

Just make a check out to the World Ethical Foundations Consortium, please. Or the Ethical Science Foundation. Both very run by the worlds foremost Ethicists.

NFW
NFW
1 year ago
Reply to  Peaches

https://www.theartstory.org/artist/hanson-duane/

If its the work of this chap – its worth a fair bit…

Ice-nine
Ice-nine
1 year ago

Did anyone figure out what the fuck that creepy old lady thing was that was on Nancy’s wall in The Vow? And what she did with it?
These are the burning questions readers need to know Frank.

https://frankreport.com/2022/10/29/creepy-or-funny-whats-that-behind-nancy-salzman/

Sweetest Man
Sweetest Man
1 year ago
Reply to  Ice-nine

Some say it’s:
NutJob during his transition to being a babushka. Others say it’s Frank in a Halloween costume.

I say it looks better than anything
Scott Johnson ever boinked including his dalliances with
drag queen hookers.

Nutjob
Nutjob
1 year ago
Reply to  Sweetest Man

It is me. You bastards pictured me differently, didn’t you? Why was I there, you ask? Several reasons:
– To try to get on TV. It worked!
– To try and hold that hairless cat.
– To eat Nancy’s amazing breakfast.
– To search the attic insulation for shoeboxes.
– To keep Lauren safe from a trolling Bangcock.
– To keep Michelle safe from a trolling Niceguy.

NiceGuy
NiceGuy
1 year ago
Reply to  Nutjob

NutJob-
Oh my dearest chaste lass heretofore the property of another man.
Don’t remind me.
***
Bangkok moved onto
Nicole Daedone.
Side Note:
Nancy Salzman’s breakfast…
Pancakes, French toast, grits
Eggs Benedict?
Pray tell!

Ice-nine
Ice-nine
1 year ago
Reply to  NiceGuy

Frank said Nancy makes the best Denver omelette in upstate New York. Despite that it was not enough to swoon him to her pleasure though, try as she might.

NiceGuy
NiceGuy
1 year ago
Reply to  NiceGuy

Denver omelette?

It’s a western omelette.

Single or double sided?

Pilgrim
Pilgrim
1 year ago
Reply to  NiceGuy

Nice Guy, you were into Michele?

😉
😉
1 year ago
Reply to  NiceGuy

With a side of Xanax

Pilgrim
Pilgrim
1 year ago
Reply to  Ice-nine

Ice Nine,

Yes, I did some Investigative Journalism into this. Turns out, it is Suneel’s sex doll. Nancy was holding onto it temporarily while Suneel was staying with Clare because she needed him to wipe her ass.

I just broke this on frankreport.com.

Yum
Yum
1 year ago
Reply to  Ice-nine

Nancy’s vagina.

Anonymous
Anonymous
1 year ago

Why is Nancy doing so well? I postulated that, after her application for and subsequent approval of an early release due to illness, Nancy was in a markedly poor state of health. Medical reports and certificates no longer seem to have any value. I will never believe it again until Nancy is hospitalized or in palliative care. Especially after she fooled Glazer.

Constable
Constable
1 year ago
Reply to  Anonymous

It proves self improvement courses actually hurt and drain you. She looks better now out of prison than when she was running a coaching company. Proves how bad these programs are.

Bs
Bs
1 year ago
Reply to  Anonymous

Nancy lied that she was so sick in prison so she could get out early. She’s a master manipulator.

A friend of Scott
A friend of Scott
1 year ago

There is no doubt in my mind that Nice Guy has a crush on Nancy and Michele. He. Water watch out.

Eat your heart out
Eat your heart out
1 year ago

You know not for nothing but Nancy is pretty good looking for her age. The woman got to be close to 70 but she looo like she is in her 40s. There may be something in her life coaching. Sure Keith was rotten but Nancy had something in her.

Smart intelligent beautiful Nancy is for me

In her pic with the lake behind you can see the love coming out of her A lot of people here are envious becuse they wish they l o ok had so hod at 80.

Ginger ale
Ginger ale
1 year ago

It’s called a photo FILTER. Every phone has that capability now.

Pilgrim
Pilgrim
1 year ago

How did they get her personal assets? Wasn’t Nxivm a corporation/LLC? Don’t get me wrong, I am glad they did because she is pure evil. I mean she was ok with Raniere raping children.

Are the Bronfman’s getting taken to the cleaners!?

Anonymous
Anonymous
1 year ago

Nancy looks great. She seems to have come out of prison looking younger than when she went in. Good to see

AI
AI
1 year ago
Reply to  Anonymous

It’s called a filter dumb ass.

NiceGuy
NiceGuy
1 year ago

According to this article:

Neil Glazer Should be reported to the BBO!!!

The BBO is board bar of Overseers.

All Plaintiff should hire an attorney and Sue him!

Anonymous
Anonymous
1 year ago
Reply to  NiceGuy

Malpractice? Incompetence?

Oddsmaker
Oddsmaker
1 year ago

We have a Fernandez WAR breaking out!

Who’s side are you on?

Who will win?

Who you got?!

Anonymous
Anonymous
1 year ago

Is there anyone who tutors lawyers on such specific legal issues at a reasonable hourly rate?

Innocent bystander
Innocent bystander
1 year ago

What are we witnessing here on Frank Report? Is the F family reliving the past for all of us to watch?

Myers
Myers
1 year ago

Wait….Nancy’s settlement was only 500K for 71 defendants, and it was only giving up properties someone else bought for her??? Why couldn’t they go after her assets and all the people she laundered money to?

Or called him for a good time
Or called him for a good time
1 year ago

I bet no one has ever called Neil an ambulance chaser

The emporesses cat has no clothes
The emporesses cat has no clothes
1 year ago

Did Neil ever ask for a percentage from the cash found in the attic?

Barry
Barry
1 year ago

Which attic? Nancy’s or her sister Carole Kass’s ?

🇺🇸💪🏻✊🏻👑 Patriot God 👑 ✊🏻💪🏻🇺🇸
🇺🇸💪🏻✊🏻👑 Patriot God 👑 ✊🏻💪🏻🇺🇸
1 year ago

This is what happens when you let Jews in this country! Now you see her pull a typical Jew move with the proceeds! Funny how the Jews are the ones who created this unconstitutional financial system and court system in this country and now Salzman is trying kike out of her agreement to pay for something her fucking race created to begin with!

This is a point blank demonstration of the true proverb of what has been said about Jews for time and memorial, “Kikes eat where they shit and shit where they eat!”

🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
✊🏻 IF WE BELIEVE!!!!!! ✊🏻
🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
✊🏻 THERE’S A BETTER WAY! ✊🏻
🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

Carly the side chick
Carly the side chick
1 year ago

And they all eat Tofutti. Hahahahahhaha

Carly the side chick
Carly the side chick
1 year ago

And they all eat Tofutti.

Poor Frank
Poor Frank
1 year ago

Getting roasted on Reddit and you can’t censor the comments.

🇺🇸💪🏻✊🏻👑 Patriot God 👑 ✊🏻💪🏻🇺🇸
🇺🇸💪🏻✊🏻👑 Patriot God 👑 ✊🏻💪🏻🇺🇸
1 year ago
Reply to  Frank Parlato

Shut up, Ginzo!

You are the only coward here who constantly censors some of the most noble men on the planet!

NXIVM knew nothing of true nobility of the likes of the patriots and our Holy Night Riders! They suffer every day to save this country from the blackest of Satan’s nigger darkness and the only thing they get in return for all of their sacrifice and toll is persecution and death threats!

That’s true martyrdom right there!

Even when the true patriots save this country, the vast majority of the white inhabitants today that they have saved don’t even deserve to remain on this sacred and hallowed land because of the amount of money sheer wickedness they have given these men for their selfless love of this country and our race!

It is disgusting!

Almost as disgusting as a nigger like you pretending to masquerade yourself as an angel of light like your father the devil does by pretending to be a patriot while you secretly siphon our Constitutional Rights in the Jewish crony-capitalism platitude of,

“Private companies can do whatever they want”

which of course includes raping our 1st Amendment if they deem it appropriate!

🖕🏻 So go fuck yourself, Ginzo! 🖕🏻

IF WE BEEEELIEEEEEVEEEEEEEEE!!!!!!

H. Fernandez
H. Fernandez
1 year ago

NXIVM 2.0 will begin VERY soon. All you Frank Report SCUM will be sorry.

Our four children will be whipped back into form, for their Vanguard. We have five 16 consecutive day Intensives they will be taking, with NO breaks!

Nicki Clyne will be next. 20 CONSECUTIVE 16 DAY INTENSIVES FOR HER! AND SARAH AND MARK AND NIPPY!!!!

Danielle Roberts has her branding iron heating up as we speak!!! “KAR” will be branded upon the vaginas and testicles of ALLLLL you Frank Report heathen, as you are all forcefully converted into Executive Success Programs!!

Frank, you WILL BE taking coursework!! 30 CONSECUTIVE 16 DAY INTENSIVES FOR YOU, YOU LUCIFERIAN SCUMDOG!!!

Bobo, Monkey, V.C. and Fluffy will be RUNNING NXIVM! KEMAR WILL take over as Wanguard!

Damon Brink is revamping Society of Protectors! Mark Vicente will be his EXECUTIVE ASSISTANT!!! MARK WILL BE WHIPPED AND BRANDED!!

V.C.
V.C.
1 year ago
Reply to  H. Fernandez

Papa! Stop embarrassing yourself and us!! We are NOT going back to ESP! And neither is anyone else!

Clare, Prefect, Allison and Lauren are all on probation now. How will we run ESP without their leadership? Vanguard is in prison.

Are you saying Nxivm should have the following hierarchy:
1. Kemar: Vanguard
2. Monkey: Prefect
3. Suneel Asswiper: Green sash

???

Kemar is only a child. How can he be Vanguard? Or as you put it, Wanguard.

I have sucked off Keith Raniere hundreds of times. You are just jealous because you wish it was you sucking him off.

Bobo! He had sex with me when I was 15. He made you WAIT until you were 18! Hahahaha!

Anonymous
Anonymous
1 year ago
Reply to  V.C.

Suneel’s sash should be brown! Brown, like the color of human excrement. The sash should be as wide and long as a toilet roll and perforated like the individual sheets of a toilet roll so that you can tear off sheet-sized pieces.

Clare
Clare
1 year ago
Reply to  Anonymous

LMAO!! Suneel is a asswiper extraordinaire!

Bobo
Bobo
1 year ago
Reply to  V.C.

And FUCK YOU, V.C.!!! Keith loved me WAY MORE than he ever loved you!!!!

Keep your MOUTH SHUT about Vanguard!!!

BoBo
BoBo
1 year ago
Reply to  H. Fernandez

Papa!!!! You idiot! We want nothing to do with ESP, YOU FUCKING ASSHOLE! YOU PIMPED OUT YOUR THREE DAUGHTERS TO KEITH RANIERE, YOU SICK PRICK!!!

Monkey
Monkey
1 year ago
Reply to  BoBo

Fuck all of you!!! Vanguard is the father of THE AVATAR BABY, KEMAR!! KEMAR!!!!!!!!!!!

I love Keith Raniere with all of my heart and soul! Me and Hector are deeply in love with Vanguard. Do NOT besmirch the reputation of VANGUARD!!!!

YOU WILL ALL BE SORRY WHEN DANIELLE ROBERTS BRANDS KEMARS INITIALS ON YOUR ASSES!!!! DANIELLE WILL BRAND ALL OF YOU FRANK REPORT HEATHENS!!!! BRANDON PORTER WILL STAPLE YOUR EYES OPEN AND FORCE YOU TO WATCH SNUFF FILMS!!!!!!!!!!!

A. Fernandez
A. Fernandez
1 year ago
Reply to  BoBo

Dont you talk to your papa like that! You little ungrateful bitch! How dare you!??

We gave you EVERYTHING!! A SPACIOUS ROOM TO LIVE IN AND HEAL YOUR ETHICAL BREACH!! A 50 year old man to teach you how to have sex! What other parents would do this!??

You need to REPAIR YOUR DISINTEGRATIONS!!!

Anonymous
Anonymous
1 year ago
Reply to  A. Fernandez

Sultan of Six –

You are disgusting!

Bobo
Bobo
1 year ago
Reply to  A. Fernandez

Fuck you, Mama! You didn’t support me by confining yourself to a room! You were able to use the kitchen and toilet! All I had was a lousy mat to sleep on and bucket to shit in! I HEALED my ethical breach thanks to Lauren Salzman and Keith Raniere! You did NOTHING!

A. Fernandez
A. Fernandez
1 year ago
Reply to  Bobo

Oh, fuck you, Bobo! I hooked you up with Keith! I let you MOVE IN with Keith and Pam Cafritz when you were 16 years old! I empowered you by letting Keith and Pam share their bed with you! Pam became your mother in your most formative years. She taught you about sex and womanhood. Then Keith deflowered you at 18 years old. I am the greatest mother you could have asked for!!

Deena
Deena
1 year ago
Reply to  H. Fernandez

Probation won’t stop anyone. They will just rebrand as coaching like everyone else does. And their probation isn’t long. They will just spend the time preparing while in probation, and when business is finally ready to go, probation will be up. Carole Kass will use the hidden money to get things up and running again.

Pilgrim
Pilgrim
1 year ago
Reply to  Deena

You could be right. Raniere – I think – will run it right from his prison cell.

Charles Manson’s hippy death cult kept on rolling after his incarceration.

The five remaining Dossier Project girls are ready to go.

They do not need the money Carole Kass helped embezzle. Clare can easily put up $20 MM to get Nxivm back up and running. Clare is the ugliest person in history.

Dossier Project are head over heals in love with Raniere. They have his initials branded on their groins. They are 100% brainwashed. They all need to check into the pediatric ward.

Carly
Carly
1 year ago

Anyone else not on the Glazer lawsuit can still sue Nancy.

Gemini
Gemini
1 year ago

Looks like an AI photo. Did she get skin grafts and her teeth fixed in prison?

Anonymous
Anonymous
1 year ago

Where did she get the cash to buy an Abyssinian? Oh, that’s right…Komitee’s $116k windfall. Glazer should have the Probation Department verify whether or not capital gains were actually paid with a subpoena duces tecum.

Leonard
Leonard
1 year ago
Reply to  Anonymous

Glazer should subpoena Nancy’s sister for the money.

Steev
Steev
1 year ago
Reply to  Leonard

It was. Rumored that Carole and Steve Kass buried all the Bronfman money in insurance policies and junk bonds. At bare minimum we need a forensic audit on all their accounts.

Gabe
Gabe
1 year ago
Reply to  Steev

Good luck. Glazer already worked out a shitty settlement rather than finding the money with the Kass family. Glazer – you shorthanded your clients. If I were you’re clients I’d ask why you didn’t do an audit on the Kass family. Yes the same ceo of tofutti. Glazer….you dropped the ball.

Leonard
Leonard
1 year ago
Reply to  Anonymous

Glazer should subpoena Nancy’s sister to find out where the money went.

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