EFTA00864814.pdf

From: Richard Joslin To: Brad Wechsler cza, jeffrey E. <[email protected]> Subject: FW: Date: Tue, 10 Feb 2015 14:53:05 +0000 Attachments: doc03827420150210092334.pdf Insurance - Fine Arts Leon pays entire premium (LDB and trusts are named insured parties) Trusts reimbursed in 2007 retroactive to 1999 (see attached). April 2014 premium (policy year end is April) was allocated to trusts and trusts reimbursed for the period Apr 1 to Sept 30 (trusts acquired own policy) A quick review of prior year's appears to indicate that no insurance reimbursement was made. I asked Eileen to check her files. This relates to 1997 Trust and 2006 Trust (not LDB 2011 LLC that has art rental arrangement) Trust owned art value/ purchases were approx $150MM in 2007; $300MM by 2012 and $450MM by 2014. Query if we should be looking to make another catch up payment. Original Message From: [email protected] [mailto:[email protected]] Sent: Tuesday, February 10, 2015 9:24 AM To: Richard Joslin Subject: Scanner EFTA00864814