📄 Extracted Text (529 words)
From: Jeffrey Epstein <[email protected]>
To: "Dubin, Glenn"
Subject:
Date: Sun, 24 Mar 2013 18:07:28 +0000
from darren.
I spoke today with Dan Reynolds of Siffert's firm and Chet Lipton at Cooley. They wanted to let me know that
Dan Zwirn finally received from Dan Friedman, General Counsel of Corbin, proposed documentation for the
restructuring at Corbin (Chet was copied on this as well). Chet and Dan Reynolds would not go into details
about the restructuring deal claiming that they are bound by confidentiality obligations. All they would say is
that they are they are being offered rights that confer treatment similar to the treatment of interests held by Glenn
and Henry (essentially telling me nothing). They suggested that we get more details from our own contact
(Glenn). Chet says that he and Dan Reynolds have to go through the docs and take action by March 22, 2013.
Chet and Dan also wanted to give us this info so that you could reach out to Glenn to see if anything could be
done to try to get anything done along the lines of what we were trying to do previously (i.e., redemption of the
interest by Corbin with certain proceeds to be paid to Jeepers or you or sale of the economic rights to you or
Jeepers). Chet said that previously when they wanted to transfer to you or your entity Dan's interest or the
economic rights in Dan's interest, even structuring it where you would have no voting, information or other
rights or claims in respect any of the Corbin interests, Corbin's counsel was adamant that Corbin would not allow
it. Also, you may recall that in December Dan Zwim had asked Craig Bergstrom, Corbin's Chief Investment
Officer, whether they could revisit the purchase or redemption of Dan Zwim's interest in Corbin. Chet told me
that Bergstrom finally responded indicating that Corbin has no desire to redeem Dan Zwim's interests or have
anyone from management purchase them. I again asked Chet and Dan Reynolds to speak with John to see if
they could come up with any new ideas and Chet said that he felt that they exhausted all ideas when they tried to
get this done previously. I asked them to revisit it, though my sense from them is that they don't have anything
else they can think to do. Can you try to find out from Glenn about the restructuring and whether there is any
way to get consent for assignment of interest or economic interest? Could we get Glenn to take Zwim's interest
and then assign economic rights to you. Would that make it any easier with Henry?
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EFTA00957675
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