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cannot =ct on behalf of both the Trustees as Lender and Phaidon Global as borrower= With a new management team in place, I think it makes sense for Keith or=Phaidon Global's general counsel to negotiate loan terms for Phaidon (part=cularly since the borrowed funds will be used to benefit Phaidon Press
el to negotiate loan terms for Phaidon (part=cularly since the borrowed funds will be used to benefit Phaidon Press and=Artspace, which are part of Keith's business plan). I assume Rich J. is =iscussing profitability projections and required loan amount with Keith, s= Keith should already be involved
e his email below). However, in the interest of expediency, I wan=ed to discuss the process for getting the secured loan documentation that =ichard Ressler requested in place. I am questioning the family office's role in assisting with the negotiation=and preparation of the loan documentation. It seems
Press and Artspace, which are part of Keith's business plan). I assume Rich J. is discussing profitability projections and r=quired loan amount with Keith, so Keith should already be involved in the retails. We can certainly facilitate on behalf of the Trustees, if they want us to, =y engaging and moni
cannot act on behalf of both the Trustees as Lender and Phaidon Global as=borrower. With a new management team in place, I think it makes sens= for Keith or Phaidon Global's general counsel to negotiate loan terms=for Phaidon (particularly since the borrowed funds will be used to benefit=Phaidon Pres
l Message From: Barry J. Cohen Sent: Saturday, November 22, 2014 1:46 PM To: Eileen Alexanderson; Richard Joslin; Ada Clapp; John Hannan; 'Richa=d Ressler'; Leon Black Subject: Notes from 11/21/14 Trustees meeting Here are a few notes from yesterday's meeting: • Rich Joslin will look into what is ent
Press and Artspace, which are part of Keith's business plan). I assume Rich J. is discussing profitability projections and r=quired loan amount with Keith, so Keith should already be involved in the =etails. We can certainly facilitate on behalf of the Trustees, if they want us to, =y engaging and moni
cannot act on behalf of both the Trustees as Lender and Phaidon Global as=borrower. With a new management team in place, I think it makes sens= for Keith or Phaidon Global's general counsel to negotiate loan terms=for Phaidon (particularly since the borrowed funds will be used to benefit=Phaidon Pres
al Message From: Barry J. Cohe Sent: Saturday, November 22, 2014 1:46 PM To: Eileen Alexanderson; Richard Joslin; Ada Clapp; John Hannan; 'Richa=d Ressler'; Leon Black Subject: Notes from 11/21/14 Trustees meeting Here are a few notes from yesterday's meeting: • Rich Joslin will look into what is ent
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