Epstein Secrets

illion and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operation of the trade-in credit. If a buyer is not

to print the spreadsheets, they should be printed on legal paper (my old eyes need large font!). AP Narrows LP AP Narrows LP intends to exchange a Giacometti that it owns (Figure moyenne II) for a Cezanne figure study (Portrait de Varner de Profit) that it wants to acquire. The target sale price for the G

fore being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then contributed by Leon to the 2011 LLC in exchange for membership interests in the LLC. As indicated above, AP Narrows and the LDB 20

et sale price for the Giacometti is $30 million and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operati

llion and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operation of the trade-in credit. If a buyer is not

preadsheets, they should be printed on legal paper (my old eyes need large font!). AP Narrows LP EFTA00815340 AP Narrows LP intends to exchange a Giacometti that it owns (Figure moyenne II) for a Cezanne figure study (Portrait de Vanier de Profil) that it wants to acquire. The target sale price for the G

get sale price for the Giacometti is $30 million and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operat

efore being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then contributed by Leon to the 2011 LLC in exchange for membership interests in the LLC. As indicated above, AP Narrows and the LDB 20

illion and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operation of the trade-in credit. If a buyer is not

readsheets, they should be printed on legal paper (my old eyes need large font!). AP Narrows LP EFTA00815408 AP Narrows LP intends to exchange a Giacometti that it owns (Figure moyenne II) for a Cezanne figure study (Portrait de Verifier de Profil) that it wants to acquire. The target sale price for the

fore being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then contributed by Leon to the 2011 LLC in exchange for membership interests in the LLC. As indicated above, AP Narrows and the LDB 20

et sale price for the Giacometti is $30 million and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operati

llion and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operation of the trade-in credit. If a buyer is not

to print the spreadsheets, they should be printed on legal paper (my old eyes need large font!). AP Narrows LP AP Narrows LP intends to exchange a Giacometti that it owns (Figure moyenne II) for a Cezanne figure study (Portrait de Valuer de Profit) that it wants to acquire. The target sale price for the G

show this proposed exchange. If a buyer is not found for the Mondrian, the LDB 2011 LLC has identified a Schiele (the same one identified on the AP Narrows exchange above), a Picasso (Nue Endormie) and a Braque (Le Gueridon) as alternative works to be potentially used in the exchange in the combinations

that it owns (Figure moyenne II) for a Cezanne figure study (Portrait de Vallier de Profit) that it wants to acquire. The target sale price for the Giacometti is $30 million and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the bas

to print the spreadsheets, they should be printed on legal paper (my old eyes need large font!). AP Narrows LP AP Narrows LP intends to exchange a Giacometti that it owns (Figure moyenne II) for a Cezanne figure study (Portrait de Vallier de Profit) that it wants to acquire. The target sale price for the

et sale price for the Giacometti is $30 million and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operati

unky). IT etc I pointed out some of the more glaring errors to barry to give him a flavor of what is to come. Tuesday if you like we should discuss Giacometti , and pesner difficult to finesse him if they are filing documents that you won't . these ridiculous conversations with tons of people on the phone

ent has no money. I think this is a valid concern and that we should agree to it. However, Ada just reminded me that it is possible that Narrows/AP Narrows (really, Leon's) agreeing to effectively guarantee payment by the assignee might be considered a gift to the assignee. In the discussions with Alan

a, the kids, or family trusts including APOI and APO2. Gagosian wants us to agree that, if Narrows/AP Narrows assigns the agreement to someone else, Narrows/AP Narrows "shall not be discharged from its liabilities under this Agreement and shall remain primarily liable to Seller." Larry is concerned that

ke Subject: Fwd: images Date: November 23.2016 at 8.06 AM To: Richard Kahn 6? See attachments to Heather's email below. Haze is just purchasing Giacometti for $25MM and Braque FOR $5MM. Two separate wires - $25MM with reference to AP Narrows for Giacometti and $5MM with reference to LDB 2011 LLC for t

chments to Heather's email below. Haze is just purchasing Giacometti for $25MM and Braque FOR $5MM. Two separate wires - $25MM with reference to AP Narrows for Giacometti and $5MM with reference to LDB 2011 LLC for the Braque. Sent from my iPhone Begin forwarded message: From: Heather Gray Date: Nov

SEVERINI, GINO L'autobus 2/3/16 1/8/07 601,013 1.418,229 (817,216) 0 (817,216) 38,184,892 13,171,871 25,013,021 26,341,509 (1,328,488) 'Giacometti and Braque were each sold as part of 1031 exchanges, so the gain realized on the sale of each work will not be recognized until the Cezannes acquire

80.000 (65.000) 0 (65.000) 2011 LLC & Narrows CEZANNE. PAUL Bouteilles, Pots. Rechaud a Alcoa. Pommes (90% owned by 2011 LLC. 10% owned by Narrows) 11/23/2016 54.000,000 40,000.000 (14,000.000) 0 (14,000.000) AP Narrows CEZANNE. PAUL Portrait de Vallier de Prof if 11/23/2016 30.450,000

that is what we/Gagosian proposed =o the buyer. Do the sale now, pay us in full and then the buyer has to submit the work =or authentication. If the Giacometti committee says it's a fake wi=hin 6 months of the date of our sale, we refund the buyer's purchase price (without interest) and get the work back (

yer pays leon 500k for insruace . t=Ik tomorw i have many guests here. On Sat, No= 19, 2016 at 7:07 PM, Heather Gray IMIlli vvrot=: Meaning ... AP Narrows (seller of G=acometti) makes the commitment to the buyer to rescind the sale and refund=the purchase price, and then AP Narrows buys insurance from