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2.94 MB
Extraction Summary
10
People
5
Organizations
1
Locations
2
Events
3
Relationships
5
Quotes
Document Information
Type:
Email chain
File Size:
2.94 MB
Summary
This document contains an email chain from May 1, 2015. The bottom email involves Jeffrey Epstein and Brad Wechsler being advised on the legal structure of a 'Picasso agreement' with Gagosian, specifically regarding liability if the purchase agreement is assigned to family trusts ('APO1', 'APO2') or 'the Black kids' (referring to Leon Black's family). The top section contains a text (likely drafted by Epstein to Leon Black) negotiating compensation; Epstein compares himself to 'Josh and Mark' (likely Apollo executives), mentions their actions generating $100 million, and proposes a 33% fee for himself, emphasizing a desire for a 'partnership structure'.
People (10)
| Name | Role | Context |
|---|---|---|
| Jeffrey Epstein | Recipient/Sender |
Addressed as 'Jeffrey', uses email 'jeevacation@gmail.com'. Appears to be the author of the top paragraph discussing ...
|
| Melanie Spinella | Recipient |
Received the forwarded email from Epstein with the comment 'silly'.
|
| Brad Wechsler | Recipient |
Addressed in the legal email regarding the Picasso agreement.
|
| Leon | Principal/Beneficiary |
Likely Leon Black. Mentioned as the primary owner/guarantor ('really, Leon's'). Associated with family trusts and Nar...
|
| Debra | Family Member |
Listed alongside Leon and 'the kids' as potential assignees.
|
| Larry | Counterparty |
Likely Larry Gagosian. Concerned about liability if the agreement is assigned to a trust with no assets.
|
| Josh | Associate |
Mentioned in top text ('actions of josh and mark led to one hundred million dollars'). Likely Josh Harris of Apollo.
|
| Mark | Associate |
Mentioned in top text alongside Josh. Likely Mark Rowan of Apollo.
|
| Ada | Advisor |
Provided advice regarding gift tax implications of guarantees.
|
| Alan | Advisor |
Discussed rearranging bank loans and mitigating risk via side agreements.
|
Organizations (5)
| Name | Type | Context |
|---|---|---|
| Gagosian |
Art gallery/seller involved in the 'Picasso agreement'.
|
|
| Narrows Holdings LLC |
Entity structured as the Buyer in the agreement.
|
|
| AP Narrows LP |
Alternative entity structured as the Buyer.
|
|
| APO1 |
Family trust involved in the structure.
|
|
| APO2 |
Family trust involved in the structure.
|
Timeline (2 events)
May 1, 2015
Negotiation of Picasso agreement terms regarding liability and assignment.
Email correspondence
Locations (1)
| Location | Context |
|---|---|
|
Sender of the legal email mentions being 'in the office'.
|
Relationships (3)
Epstein is included in high-level legal discussions regarding Leon's trusts and art purchases. The top text implies Epstein is negotiating a partnership fee with Leon.
Epstein compares his compensation and effort to 'Josh and Mark' (likely Apollo executives).
Epstein forwards a complex legal email to her with the comment 'silly'.
Key Quotes (5)
"if the actions of josh and mark led to one hundred million dollars , what would be their share."Source
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Quote #1
"I proposed 33 percent of money made for you. . in the past you agreed that amount."Source
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Quote #2
"Larry is concerned that we might assign to the Black kids or to a trust that has no assets"Source
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Quote #3
"Gagosian has one final change to the Picasso agreement."Source
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Quote #4
"I focus on trust and friendship first, and the fact that you don't include josh and mark in that category, gives me great pause"Source
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Quote #5
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