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as been engaged in art transactions like this since then, but I do not believe they have been audited. I will check, though, and I will also ask the Herrick lawyer if any of his clients who have done similar deals have been audited. Best, Heather please note The information contained in this communic
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
ld be a good project to give them to "kick their tires". Leon agreed to meet them but wanted to speak to Diana H. first (Diana H. made the original Herrick introduction to Charles Goldstein of that firm—I understand that Charles has done some work for Ronald by the way). What do you think? Ada Clapp E
w group. We were impressed with them and they have done work for Leon in the past (isolated provenance issues I am told). The concept would be that Herrick represents Leon and the Trusts as a group so long as there are no conflicts. This would be a good project to give them to "kick their tires". Leon a
ct: RE: Re: Two questions: 1. Who gets to the Schwitters for first two year holding period—Ronald or Leon? 2. Who will be the purchaser-Leon or Narrows? I assume Leon as he is giving the right to purchase on his death. Correct? Ada Clapp Elysium Management LLC 445 Park Avenue Suite 1401 New Yor
has been engaged in art transactions like this since then, but | do not believe they have been audited. | will check, though, and | will also ask the Herrick lawyer if any of his clients who have done similar deals have been audited. Best, Heather HOUSE_OVERSIGHT_023286
a, the kids, or family trusts including APO1 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 w
ent has no money. | 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
Entities connected to both Herrick and Narrows

Jeffrey Epstein
PERSONElysium Management LLC
ORGANIZATIONHeather Gray
PERSONHeather deManbey
PERSONLeon Black
PERSON
Brad Wechsler
PERSONEileen Alexanderson
PERSON
Richard Joslin
PERSONAda Clapp
PERSON
Marc Rich
PERSON
Pablo Picasso
PERSONNarrows Holdings LLC
ORGANIZATIONAP Narrows LP
ORGANIZATION
Melanie Spinella
PERSONDebra
PERSON
Larry Gagosian
PERSONPhaidon
ORGANIZATION
Alan Dershowitz
PERSON
Barry Diller
PERSON
Ralph
PERSON