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2.77 MB

Extraction Summary

16
People
4
Organizations
1
Locations
1
Events
3
Relationships
6
Quotes

Document Information

Type: Email thread / correspondence record
File Size: 2.77 MB
Summary

This document contains a series of emails, likely drafted by Jeffrey Epstein, discussing high-value financial and tax services provided to 'Leon' (likely Leon Black). The text details a fee dispute where Epstein proposes a $120 million package for three years of work, while rejecting a $10 million counter-offer. The content outlines extensive restructuring of family offices, trusts (specifically a 'Gigi trust' to avoid gift tax), staffing changes (firing several individuals), and asset management involving Phaidon and Artspace.

People (16)

Name Role Context
Jeffrey Epstein Author (Implied)
Author of the emails, discussing fees for financial/tax services.
Leon Recipient/Client
Primary counterparty in the negotiation (likely Leon Black), addressed directly in the top paragraph.
Melanie Spinella Recipient
Recipient of the forwarded emails.
Brad Associate/Lawyer
"you asked that i continue to help brad".
Karp Lawyer
"call with you and Karp" (Likely Brad Karp, Paul Weiss chairman).
Ben Associate/Family
"came with ben", "bens house".
Kathy Ruemmler Lawyer
Mentioned as being present: "while kathy ruemmler was here" (Former White House Counsel).
Debra Unknown
"debra got bad news".
Lewie Unknown
"listen to lewie for the next few years".
Heather Staff/Paralegal
"neither you nor heather", "hire heather a paralegal".
Ada Staff
"ada goes" (To be fired/removed).
Joslin Staff
"Joslin goes or is closely managed".
Castrucii Staff
"castrucii goes asap".
Eva Staff
"eva goes".
Regan Unknown
Listed in task/review list.
Gigi Beneficiary
"paper gigi ( E )trust to avoid gift tax".

Organizations (4)

Name Type Context
Phaidon
Mentioned regarding a sale ("phaidon sale") and savings.
Artspace
Mentioned regarding "survivability".
Jet Aviation
Mentioned regarding a "redo".
House Oversight Committee
Source of document (Bates stamp).

Timeline (1 events)

2015-02
Meeting with Leon, Ben, and Kathy Ruemmler.
Unknown

Locations (1)

Location Context
Mentioned under "children accounting".

Relationships (3)

Jeffrey Epstein Professional/Friendship Leon
Epstein discusses fees of $120 million, refers to 'our friendship first', and provides tax/estate advice.
Leon Professional Kathy Ruemmler
Ruemmler was present at a meeting with Leon and Epstein.
Jeffrey Epstein Assistant/Staff Melanie Spinella
Spinella is the recipient of forwarded instructions and drafts.

Key Quotes (6)

"I continue to put our friendship first"
Source
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Quote #1
"dont want you to write a check for over 100million"
Source
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Quote #2
"Im open to suggestions total approx 120 for new workover 3 years"
Source
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Quote #3
"paper gigi ( E )trust to avoid gift tax."
Source
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Quote #4
"castrucii goes asap.as he merely adds to mess."
Source
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Quote #5
"hire heather a paralegal"
Source
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Quote #6

Full Extracted Text

Complete text extracted from the document (4,072 characters)

NO sorry not until i hear from leon
leon. to be fair, I had sent the first note to you one year ago . stating that my work would come to an end on
oct 15. that day had meaning as everything would be closed. you asked that i continue to help brad. as of
nov though he would officially start in jan. I said ok, but ..... " you told me to continue as we would work
something out" I told you my fee then was 40 . feb you came with ben while kathy ruemmler was here. and
said next week, debra got bad news. and I quickly prioritzed not adding stress to your situation. I wont
regurgitate the interim, though millions of dollars were saved since. millions. . it is now one year later and you
propose 10 mlllion , plus a contingent fee . I have said that i would work with you , and if contingent and a
percentage of something. I strongly believe that is not in your interest. I continue to put our friendship first
and dont want you to write a check for over 100million andthe i will have to listen to lewie for the next few
years. but if you prefer over my objection a percentage deal then it should be of all savings not just
phaidon. ( a random concept) . The idea that i am somehow even marginally responsible for neither you nor
heather , ever telling me that there was an unresolved issue, though you said you had been pinged a number of
times is emblematic .
I can do a call with you and Karp. anytime you like today, but i can assure you 100 percent that there is no
light between our positions. ZERO. and he is ready to do his best to try to explain it to you.
Date: Thu, Oct 1, 2015 at 11:03 PM
Subject: Fwd:
To: Melanie Spinella [REDACTED]
to refresh your recollection, as 4 states. 40 a year for three years. as i said today. . the other was in addtion
as you recall.
Date: Thu, Apr 11, 2013 at 4:02 PM
Subject:
To: Melanie Spinella [REDACTED]
1. 80 percent of contracted job is accomplished, now drafting ,signing and few critical decisions on your part
still await , will fill in nec blanks, 1, how much of upside to kids. , 2, protections . 3 allocations. 4.
charitiable, inventory, securities,
2 .to engage the second phase if you so choose , and considering there is only 8 more to be paid this
year in oct , for the job now almost completed, total of 23. that was agreed only for history fix.
3. with the necessary proprietary protections , proposal is for first year only an additional 17 . making it 40 , but
full year balance on signing , ie 25. takes care of 2013
4 , moving forward , 40 per year ,( approx 1 percent ) for three years, to be credited against an agreed
formula. Im open to suggestions total approx 120 for new workover 3 years , benefits to you over the next 20.
5 , can consider interests other than cash as payment. ?
6. need to speak re , bankers, valuations, mechanics and their continued importance.
Date: Fri, Oct 16, 2015 at 4:38 AM
Subject:
To: Melanie Spinella [REDACTED]
Office, - ada goes. , hire heather a paralegal . Joslin goes or is closely managed by new cfo with tax
experience. . castrucii goes asap.as he merely adds to mess.( too many people , ex 7 people or more to pay a
bill ) eva goes. outsource as much as possible. . bookkeeping systems built from scratch, airplane
restructure, boat . same, new grats. phaidon sale , decide on artspace survivability, regan, . do the kids really
want these? , children accounting ie bens house.etc. re do estate for new facts. redo loans, trading accounts
activity, . gaming -foreign- disclosures. . BRH TRA re thinks . household and construction
architects. . redone. art partnership , choice of paintings. . re do structure of consultants. tax re family
office. . decide if investments are a realistic option in the next three years.. insurance. operations. airplane ,
etc. . art foundation , private . max charity contributions. financial reports. still waiting. ? on line
banking, . tax planning, family office deductions ( profit center ) . airplane certificate, redone jet aviation
redo. . paper gigi ( E )trust to avoid gift tax. .
today is Oct 15
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