📄 Extracted Text (273 words)
From: Eileen Alexanderson
To: 'Jeffrey Epstein' <[email protected]>
Subject: Phaidon org structure
Date: Wed, 10 Jul 2013 04:15:57 +0000
Attachments: img-709185617-0001.pdf
New Phaidon Global LLC would buy Phaidon Press Inc.
Okun said LLC is preferable to having an LLC (transparent vehicle) rather than a Corporate entity on top with
PP UK and US side by side. UK entity would pay taxes in UK. US Entity would pay taxes in US.
Yet TBD whether Regan Media LLC interests would be owned by Phaidon Press Inc or Phaidon Global-
checking on this. Consolidated financials would be prepared for Phaidon Global LLC.
Phaidon UK and Phaidon US would be joint borrowers (as the entities with the IP rights) with PPL borrowing in
GBP, PPI borrowing in $. Phaidon Global would be guarantor.
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