Event Details
May 01, 2015
Description
Negotiation of Picasso agreement terms regarding liability and assignment.
Participants (5)
| Name | Type | Mentions | |
|---|---|---|---|
| Larry (Gagosian) | person | 0 | View Entity |
| Ada | person | 121 | View Entity |
| Brad Wechsler | person | 118 | View Entity |
| Jeffrey Epstein | person | 18341 | View Entity |
| Alan | person | 106 | View Entity |
Source Documents (1)
HOUSE_OVERSIGHT_023351.jpg
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'.
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