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2.28 MB

Extraction Summary

6
People
10
Organizations
1
Locations
3
Events
3
Relationships
4
Quotes

Document Information

Type: News article / media report (archived in house oversight committee records)
File Size: 2.28 MB
Summary

This document is a news report outlining allegations by attorney Michael Avenatti regarding payments made by corporations (AT&T, Novartis, Korea Aerospace Industries) to Michael Cohen's firm, Essential Consultants, in 2017 and 2018. The text connects these payments to Cohen's role as President Trump's personal lawyer and notes that Essential Consultants was the same entity used to pay hush money to Stormy Daniels. The document also details responses from AT&T and Novartis denying impropriety and clarifying the timelines of their contracts.

People (6)

Name Role Context
Michael Avenatti Lawyer
Attorney for Stormy Daniels; released report on payments to Essential Consultants
Michael Cohen President's Personal Lawyer
Creator of Essential Consultants; recipient of corporate payments
Stormy Daniels Client / Adult Film Actress
Real name Stephanie Clifford; received hush money from Essential Consultants
Donald Trump President (US)
Alleged affair with Daniels; dinner with Novartis CEO
Vas Narasimhan Incoming CEO
CEO of Novartis; attended dinner with Trump in Davos
Stephanie Clifford Alias
Real name of Stormy Daniels

Organizations (10)

Name Type Context
AT&T
Paid Essential Consultants $200,000
Essential Consultants
Company created by Michael Cohen; received payments from corporations
CNBC
Media outlet receiving statement from AT&T
Time Warner
Subject of acquisition by AT&T
U.S. Justice Department
Sued to block AT&T/Time Warner deal
Novartis
Paid Essential Consultants nearly $400,000
World Economic Forum
Event location in Davos
Korea Aerospace Industries LTD
Paid Essential Consultants $150,000
The White House
Denied allegations
House Oversight Committee
Source of document (via footer stamp)

Timeline (3 events)

2006
Alleged affair between Trump and Stormy Daniels
USA
January 2018
Dinner between Trump and incoming Novartis CEO
Davos, Switzerland
Donald Trump Vas Narasimhan Other executives
October 2016
Creation of Essential Consultants by Michael Cohen
USA

Locations (1)

Location Context
Location of World Economic Forum and dinner between Trump and Novartis CEO

Relationships (3)

Michael Cohen Attorney/Client Donald Trump
Cohen described as 'president's personal lawyer at the time'
Michael Avenatti Attorney/Client Stormy Daniels
Described as 'Daniels' lawyer, Michael Avenatti'
Michael Cohen Owner/Founder Essential Consultants
Company 'created by Cohen'

Key Quotes (4)

"AT&T said Cohen's company 'was one of several firms we engaged in early 2017 to provide insights into understanding the new administration.'"
Source
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Quote #1
"'They did no legal or lobbying work for us, and the contract ended in December 2017,' AT&T said."
Source
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Quote #2
"'Following these payments, reports surfaced that Mr. Trump took a dinner with the incoming CEO of Novartis before Mr. Trump's speech at the World Economic Forum in Davos, Switzerland in late January 2018,' Avenatti's report said."
Source
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Quote #3
"A Novartis spokesperson said in a statement that 'any agreements with Essential Consultants were entered before our current CEO taking office in February of this year and have expired.'"
Source
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Quote #4

Full Extracted Text

Complete text extracted from the document (2,268 characters)

Daniels' lawyer, Michael Avenatti, said AT&T had made four separate payments of $50,000 apiece to Cohen's company, for a total of $200,000 in late 2017 and into early 2018.
That company, Essential Consultants, was created by Cohen in October 2016 and soon after was used to make a $130,000 hush-money payment to Daniels.
In a prepared statement to CNBC, AT&T said Cohen's company "was one of several firms we engaged in early 2017 to provide insights into understanding the new administration."
"They did no legal or lobbying work for us, and the contract ended in December 2017," AT&T said.
The company did not say how much it had paid Cohen, who was the president's personal lawyer at the time.
AT&T is in the midst of pursuing an $85 billion acquisition of Time Warner. The U.S. Justice Department has sued to block that deal.
In a report on Cohen's company, Avenatti's law firm said that Novartis in late 2017 and early 2018 made four separate payments to Essential Consultants totaling nearly $400,000.
"Following these payments, reports surfaced that Mr. Trump took a dinner with the incoming CEO of Novartis before Mr. Trump's speech at the World Economic Forum in Davos, Switzerland in late January 2018," Avenatti's report said.
That CEO, Vas Narasimhan, was joined with a group of other companies' executives at that dinner.
A Novartis spokesperson said in a statement that "any agreements with Essential Consultants were entered before our current CEO taking office in February of this year and have expired."
Avenatti's report says another company, Korea Aerospace Industries LTD, paid Essential Consultants $150,000 in November 2017.
Avenatti's client Daniels, whose real name is Stephanie Clifford, was paid $130,000 by Essential Consultants on the eve of the 2016 presidential election.
Daniels says the money was in exchange for her signing a deal that required her to remain silent about an affair she claims to have had with Trump in 2006, shortly after the birth of his youngest son.
The White House has denied that Trump had sex with the adult film actress.
Neither the White House nor Cohen had an immediate comment on Avenatti's new allegations about payments to Cohen's company.
WATCH: Feds saw log of Cohen's phone calls
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