Epstein Secrets

wn account, unless its activities cause it to be characterized as a "dealer" in securities. A Partner who is an individual that is not a resident of New York State is not subject to New York State tax solely as a result of being a partner in a partnership that buys and sells securities for its own account. New

ifficult for private investment funds to access sources of leverage. To the extent that the Bailout Bill does not help eliminate the credit crunch, the Master Fund may be unable to access sources of leverage. No Separate Legal Counsel. Kleinberg, Kaplan, Wolff, & Cohen P.C. ("KKWC") acts as legal counsel to t

New York City.) By reason of a similar "own account" exemption, it is also expected that a nonresident individual Partner should not be subject to New York State personal income tax with respect to his share of income or gain realized directly by Millennium USA. Individual Limited Partners who are residents

investors" and "qualified purchasers" under the U.S. federal securities laws. Millennium International primarily invests its capital indirectly in the Master Fund, through its investment in Millennium Offshore Intermediate, L.P. ("Millennium Offshore Intermediate"), a Cayman Islands exempted limited partnersh

New York City.) By reason of a similar "own account" exemption, it is also expected that a nonresident individual Partner should not be subject to New York State personal income tax with respect to his share of income or gain realized directly by Millennium USA. Individual Limited Partners who are residents

investors" and "qualified purchasers" under the U.S. federal securities laws. Millennium International primarily invests its capital indirectly in the Master Fund, through its investment in Millennium Offshore Intermediate, •. ("Millennium Offshore Intermediate"), a Cayman Islands exempted limited partnershi