Event Details
May 11, 2015
Description
Discussion regarding Picasso agreement changes and art partnership funding.
Participants (5)
| Name | Type | Mentions | |
|---|---|---|---|
| Ada Clapp | person | 18 | View Entity |
| Richard Joslin | person | 17 | View Entity |
| Brad Wechsler | person | 118 | View Entity |
| Melanie Spinella | person | 267 | View Entity |
| Heather | person | 86 | View Entity |
Source Documents (1)
HOUSE_OVERSIGHT_023276.jpg
This email from Heather to Brad, Jeffrey, and others, dated May 11, 2015, discusses a proposed change to a Picasso agreement by Gagosian regarding the liabilities of Narrows/AP Narrows if the agreement is assigned. It addresses concerns about assigning to entities without assets and proposes solutions involving Leon's guarantee to the bank and side agreements with trusts. The email also briefly mentions funding an art partnership with $100 million in unencumbered art and an additional $20 million investment.
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