📄 Extracted Text (320 words)
To: jeevacation©gmail.com[jeevacation©gmail.com • Jeffrey E stein [email protected]]
Cc: F Noah[ ; JeRome Terve
From: Gregory Brown
Sent Sun 3/11/2012 10:31:47 AM
Subject Proposed Mandate Letter for GS Negotiations
Letter of Mandate Dec 12 2011.docx
Jeffrey...
I have great news. After months of negotiations our guys on the ground in Libya have gotten
the Transitional National Council to approve them to represent Libya on recovering the $1.3
billion loss in the 2008 investment with Goldman Sachs. Attached please find a 1st draft text for a
Mandate for the Transitional National Council Government in Libya to sign giving the rights to a
Libyan intermediaries to appoint us to represent, negotiate and sign a settlement with Goldman
Sachs. Obviously this is a rough that does not protect us, which is why we will have to
include provisions so that the intermediary doesn't go around us. Also, it doesn't mention
compensation, which should be clearly stated so that there are no misunderstandings and that both
the costs and commissions can be taken off the top when the settlement is paid, and we not have
to wait for the government to reimburse our costs and pay our commissions.
Understand that aside from the rights/mandate, we want this agreement to enable financing
the litigation and PR assault that GS will surely try to mount.. So make sure that the mandate
reflects everything needed to give you comfort to finance our efforts.. And forget the text draft,
because ultimately we need to craft an agreement that gives us maximum flexibility and protects
us. So get your attorneys to write exactly what we need. As soon as you do, I will get our guys
in Libya to get the government to sign it and then they want to come to NYC to work with you to
get things started....
Sincerely,
Greg Brown
US cell: •
Skype: ■
Email:
Gregory MOWII
Cluinnan & CEO
GlobalCast llamas. LIE
EFTA_R1_00541983
EFTA02031755
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