EFTA01925946.pdf

To: lawrence delson From: Jeffrey E. Sent: Tue 5/13/2014 4:42:33 PM Subject: Re: pledged art you arc in charge dictate i agree On Tue, May 13, 2014 at 12:07 PM, lawrence delson EMM 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 Ne (T) (F) 646-810-0217 Call Send SMS Add to Skype You'll need Skype CreditFree via Skype please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of SEE EFTA_R1_00371969 EFTA01925946 Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacationegmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00371970 EFTA01925947