From: jeffrey E. <[email protected]> Sent: Monday, October 26, 2015 11:55 PM To: Brad Wechsler Cc: [email protected] Subject: Re: CONSTRUCTIVE? I ve also asked ada to review all legal structures f=r overlap unused. with the goal of cleaning up the mess.. =AO i asked joe the same as to unused bank accounts redundant=C2 or uncessary co; s partnerships Ilc. s corps=C2 trust s etc. . merge . liquidate. elim=nate. file finals. etc On Mon, Oct 26, 2015 at 7:49 PM, Brad Wec=sler < wrote: I know the "Subject" line is likely mo=e directed to leon than me, but, just for the record, I found the note con=tructive. Responses: 1. Joe is working on #1, tho rich j needs to get updated projections from a=ollo for 2016 (likely after this q's earnings). 2. Ada will forward these (phaidon/art space) charts to you tomorrow. 3. Ada is working with PW on new trusts. There are assignments, notes, guar=ntees, etc that have to transferred. She estimates total paperwork 2-3 wee=s for all docs. I don't include dynasty trust in this as it involves s=me serious thinking abt kids, structure, etc by leon. 4. Not sure what "names insured" means but john c has been runnin= a rather thorough insurance audit with gallagher and shld be able to answ=r ins questions. Ada is pulling together a master "guarantor" li=t reflecting leon's guarantees, trust guarantees and any other guarantees. Heather will provide art loan balance (simple) and j=slin will provide and sales/use tax owed (he says shld be minor). 5. Comparison between exec jet and jet aviation is underway and we are pull=ng hannan/ lisa g responsibilities in house. I think we shld restructure/s=mplify ownership whether we extend loan or have to pay down and re-borrow =t a smaller #. I will call jane abt extension. 6. Boat restructure shld happen within a week (and yes we'll file a be-=0). 7. Grat...up to you and leon, tho I like the low apo price for a grat but w=at do I know. 8. Ada will reach out to you r