Epstein Secrets

ates for these sales were computed using the same method as those that were used for the initial sales. These further sales will be made at markets (Cannes, Berlin) after the picture has begun production and generated viewable footage, as well as at distributor screenings upon completion of the picture

well as at distributor screenings upon completion of the picture. Total foreign sales are projected between $7,852,500 and $8,809,500 TAX CREDITS New York State and New York City provide a combined tax incentive of 35% on non- talent ("Above the Line") expenditures to film producers. Based on our film's cash

tes for these sales were computed using the same method as those that were used for the initial sales. These further sales will be made at markets (Cannes, Berlin) after the picture has begun production and generated viewable footage, as well as at distributor screenings upon completion of the picture.

well as at distributor screenings upon completion of the picture. Total foreign sales are projected between $7,852,500 and $8,809,500 TAX CREDITS New York State and New York City provide a combined tax incentive of 35% on non- talent ("Above the Line") expenditures to film producers. Based on our film's cash

ormally exercising his right of first refusal, believing such right to have been triggered by the April 12, 1996 letter agree- ment between OFM and Cannes. Thereaf ter, on May 7, 1996, Epstein and Fisher entered into a sublease agreement at a rental price of $20,000 per month, despite OFM's express

ey contend that, because the Government is a party to the lease, interpre- tation of the lease is governed by principles of federal common law, not New York State law. Pursuant to federal common law of con- tracts, Epstein and Fisher continue, the lease between OFM and Epstein contains an im- plied covenant o