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e both raise holding period questions. The Picasso is owned by APO-01, so it would have to be distributed to the LDB 2011 LLC before 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 co
ds to exchange a Mondrian that it owns (Composition with Color Planes and Grey Lines 1) for a Cezanne still life (Bouteilles, Pots, Rechaud a Alcoa, Pommes) that it wants to acquire. The target sale price for the Mondrian is $40 million and the purchase price of the Cezanne still life is $50 million. T
e both raise holding period questions. The Picasso is owned by APO-01, so it would have to be distributed to the LDB 2011 LLC before 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 con
ds to exchange a Mondrian that it owns (Composition with Color Planes and Grey Lines 1) for a Cezanne still life (Bouteilles, Pots, Rechaud 6 Alcoa, Pommes) that it wants to acquire. The target sale price for the EFTA00815335 Mondrian is $40 million and the purchase price of the Cezanne still life is
e both raise holding period questions. The Picasso is owned by APO-01, so it would have to be distributed to the LDB 2011 LLC before 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 co
ds to exchange a Mondrian that it owns (Composition with Color Planes and Grey Lines 1) for a Cezanne still life (Bouteilles, Pots, Rechaud a Alcoa, Pommes) that it wants to acquire. The target sale price for the Mondrian is $40 million and the purchase price of the Cezanne still life is $50 million. T
e both raise holding period questions. The Picasso is owned by APO-01, so it would have to be distributed to the LDB 2011 LLC before 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 EFTA00815395 Narrows to L
ds to exchange a Mondrian that it owns (Composition with Color Planes and Grey Lines I) for a Cezanne still life (Bouteilles, Pots, Rechaud a Alcoa, Pommes) that it wants to acquire. The target sale price for the Mondrian is $40 million and the purchase price of the Cezanne still life is $50 million. T
e both raise holding period questions. The Picasso is owned by APO-01, so it would have to be distributed to the LDB 2011 LLC before 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 co
ds to exchange a Mondrian that it owns (Composition with Cola• Planes and Grey Lines 1) for a Cezanne still life (Bouteilles, Pots, Rechaud a Alcoa, Pommes) that it wants to acquire. The target sale price for the Mondrian is $40 million and the purchase price of the Cezanne still life is $50 million. T
Entities connected to both Braque and Pommes

Jeffrey Epstein
PERSONHeather Gray
PERSONHeather deManbey
PERSONElysium Management LLC
ORGANIZATION
Giacometti
PERSON
Marc Rich
PERSON
Narrows
ORGANIZATION
Pablo Picasso
PERSON
Schiele
PERSON
Larry Gagosian
PERSONAP Narrows LP
ORGANIZATIONCezanne
PERSON
Alcoa
ORGANIZATION
Bank of America
ORGANIZATIONChicago Deferred Exchange Corp.
ORGANIZATIONBouteilles, Pots, Rechaud a
ORGANIZATIONNue Endormie
PERSONLDB 2011 LLC exchange
ORGANIZATIONComposition with Color Planes
ORGANIZATION
Joe Biden
PERSON