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EFTA00624761

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Leon , I was hoping to have seen you before I left. As you no longer respond to my question marks . Do I sense discomfort? If so, Im very sorry , just come visit ! , no business just fun. You and I need more play. Florida? Paris? If I understood correctly, you would like to be weaned off as soon as possible ,my daily involvement in your family office. ME too . I am well aware that it has been a hell of a few months. Gigi will hopefully move into the past and your concern and care for your sisters future will take its course. I have said it before . but I think you have behaved as well as a brother could given the circumstances. Re office\ I hope now that your oft- voiced concern re " value" has been once and for all laid to rest. It is quite apparent that the time that Darren and I personally spent drafting your Picasso contract during his vacation ,will prove itself very useful. (on another note , you said that you and Larry were talking about the Picasso sculpture for months before April, the same exact time that it was also being sold to Jassim. I thought it odd that Larry only wanted to be an agent with no liability, rather than his normal . True, it could have been due to payment terms , but.. we shall see. If possible I would like to use the 85 m that larry has , at the moment owed to you, even if only for a week. Maybe he puts up a Letter of credit as a guarantee I'm sure his credit line is substantial. Can we get the family office plan , payment , weaning, resolved. Everyone in the office is working towards my new structure , without the necessary details that need to be filled in. ie. which entities borrow, pay, paths, how, these colors are all critical to the financial mosaic. In order to move things between you and I along, I am willing to rely on, your, memory, since you have pointed out that you may consider, mine , selective. That being said, My recollection is that since oct 2014 from square one I suggested my fee of 40m.

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