LLC as loan #2 3/14/13 $1,600,000 transferred from PLB LLC to JMWT Acquisition LLP #3 3/14/13 $1,600,000 transferred from JMWT Acquisition LLP to JMWT Ltd #1 5/31/13 $1,600,000 transferred from Black Family Partners to PLB LLC as loan #2 5/31/13 $1,600,000 transferred from PLB LLC to JMWT Acquisitio

ccounts) you were correct on this. • I also spoke with Pete on the preference shares and associated loan, BDO have advised we can move these from JMWT Ltd to JMWT Acquisition LLP and would have no impact from a UK tax perspective and we could adjust in the 2014 statutory accounts. They did not comment

t dissolved? On Thu, Dec 31, 2015 at 8:17 AM, Richard Joslin < > wrote: Phaidon Press Ltd owes to Phaidon Global LLC - principal only $15,620,310 JMWT Ltd owes to Phaidon Global LLC— principal only $3,200,000 Artspace LLC owes through chain of entities to The Publishing Trust — principal only $3,301,00

get dissolved? On Thu, Dec 31, 2015 at 8:17 AM, Richard Joslin < wrote: Phaidon Press Ltd owes to Phaidon Global LLC - principal only $15,620,310 JMWT Ltd owes to Phaidon Global LLC — principal only $3,200,000 Artspace LLC owes through chain of entities to The Publishing Trust — principal only $3,301,0

LLC as loan #2 3/14/13 $1,600,000 transferred from PLB LLC to JMWT Acquisition LLP #3 3/14/13 $1,600,000 transferred from JMWT Acquisition LLP to JMWT Ltd (Bank of Scotland acct) #1 5/31/13 $1,600,000 transferred from Black Family Partners to PLB LLC as loan #2 5/31/13 $1,600,000 transferred from PL

, by PWC design, it was not supposed to be. Re money flow, At time of acquisition cash went from Acq LLP through Topco and Midco and then to Bidco (JMWT Ltd) but all using MacFarlane's client account and then papered since there was no Acq LLP bank account. Again, no access to file from here today, sorry

, by PWC design, it was not supposed to be. Re money flow, At time of acquisition cash went from Acq LLP through Topco and Midco and then to Bidco (JMWT Ltd) but all using MacFarlane's client account and then papered since there was no Acq LLP bank account. Again, no access to file from here today, sorry

, by PWC design, it was not supposed to be. Re money flow, At time of acquisition cash went from Acq LLP through Topco and Midco and then to Bidco (JMWT Ltd) but all using MacFarlane's client account and then papered since there was no Acq LLP bank account. Again, no access to file from here today, sorry

, by PWC design, it was not supposed to be. Re money flow, At time of acquisition cash went from Acq LLP through Topco and Midco and then to Bidco (JMWT Ltd) but all using MacFarlane's client account and then papered since there was no Acq LLP bank account. Again, no access to file from here today, sorry

, by PWC design, it was not supposed to be. Re money flow, At time of acquisition cash went from Acq LLP through Topco and Midco and then to Bidco (JMWT Ltd) but all using MacFarlane's client account and then papered since there was no Acq LLP bank account. Again, no access to file from here today, sorry

ccounts) you were correct on this. • I also spoke with Pete on the preference shares and associated loan, BDO have advised we can move these from JMWT Ltd to JMWT Acquisition LLP and would have no impact from a UK tax perspective and we could adjust in the 2014 statutory accounts. They did not comment

nia Phaldon It Inc (US) JMWT Acquisition LLP UK O0378972 107% JMWT TopCo Limited UK 08233421 102% JMWT MidCo Limited UK 08233425 i00% JMWT Ltd UK 08228033 1004 Phaidon Press Limited UK 02525791 sC011lateeth Ph:WonPress Bed (Prence) LIP Designated Member% - JMWT LLC-Leon Black - P

pt Trust, and $10mil from the LDB 2011 LLC. JMWT LLC was funded with $67,000 from Leon. These provided funding for the JMWT Acquisition LLP. Bidco (JMWT Ltd) purchased the shares of Phaidon Press Ltd. The acquisition purchase price paid from JMWT Ltd (through client account at Macfarlancs) was £41,000,00

ccounts) you were correct on this. • I also spoke with Pete on the preference shares and associated loan, BDO have advised we can move these from JMWT Ltd to JMWT Acquisition LLP and would have no impact from a UK tax perspective and we could adjust in the 2014 statutory accounts. They did not comment

a weird character in=the address Phaidon Verlag — inconsistent grouping of P&am=;L items vs reporting on other 8858 Phaidon Press Ltd — add EIN of JMWT Ltd to pag= 1 EFTA_R1_01775503 EFTA02592535 Phaidon Press Ltd — why is Sch G - Quest 3 ans=ered "No"? JMWT Acquisition LLP — it is a LLP not an LP (

c 31, 2015 at 8:17 AM, Richard Joslin =span dir="ltr"> <mailto » wrote: Phaidon Press Ltd owes to Phaidon Glo=al LLC - principal only $15,620,310 JMWT Ltd owes to Phaidon Global LLC &=8211; principal only $3,200,000 Artspace LLC owes through chain of en=ities to The Publishing Trust — principal only $3

art space get dissolved? On Thu, Dec 31, 2015 at =:17 AM, Richard Joslin Phaidon Press Ltd owes to Phaidon Glo=al LLC - principal only $15,620,310 JMWT Ltd owes to Phaidon Global LLC =E2 principal only $3,200,000 Artspace LLC owes through chain of en=ities to The Publishing Trust — principal only $3,301

mber 31, 2015 1:18 PM To: jeffrey E. Cc: Joe Avantario Subject: RE: Phaidon Press Ltd owes to Phaidon Global LLC - principal only $15,620,310 JMWT Ltd owes to Phaidon Global LLC — principal only $3,200,000 Artspace LLC owes through chain of entities to The Publishing Trust — principal only $3,301,0

ss Ltd are attached. This list was the basis of FBAR filing in 20=3. Note this list includes US accounts held by Phaidon entities.<=u> To be clear, JMWT Ltd, the direct owner of Phaidon P=ess Ltd does not (to the best of my knowledge) have a foreign bank account= it's bank account is with US Trust. RJ

d, by PWC design, it was not supposed to be. Re money flow, =t time of acquisition cash went from Acq LLP through Topco and Midco and t=en to Bidco (JMWT Ltd) but all using MacFarlane's client account and then papered since there was no Acq LLP bank account. A=ain, no access to file from here today, sorr