📄 Extracted Text (331 words)
To: Jeffrey E.[[email protected]]
From: lawrence delson
Sent: Tue 5/13/2014 4:46:29 PM
Subject: Re: pledged art
Understood and agreed
Larry Delson
Delson International, Inc.
P.O. BOX 3776
New York NY 10163
(T
(F) 646-810-0217
From: jeffrey E. <jeevacation mail.com>
To: lawrence delson
Sent: Tuesday, May •
Subject: Re: pledged art
any contact with a non apollo persn shoudl NOT be joslin
On Tue, May 13, 2014 at 12:07 PM, lawrence delson wrote:
Jeffrey
I understand from Rich that he is the point person on art, or at least on art
that is on loan to museums. However, Ada should be equally or more
involved. Specifically, she should be reviewing the agreements prepared
by Withers and comparing them with (bank) loan pledges. In addition,
she should be reviewing borrowing institution's insurance. It also appears
that some pieces that are on loan are owned by one of the trusts, yet the
agreement (and legal bills) are in LDB's name. This should be corrected
going forward. Lastly, if one of the borrowed pieces is in fact pledged to
the bank, there should be a process in place to notify the bank (assuming
the pledge agreement calls for notification).
I trust I am not over-reaching.
Larry Delson
Delson International, Inc.
P.O. BOX 3776
New York, NY 10163
(T)
EFTA_R1_00372165
EFTA01926058
(F) 646-810-0217
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EFTA01926059
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