EFTA01017283.pdf

From: Stephen Hanson < > To: Jeffrey / E / Epstein [email protected]> Subject: Fwd: Life Hotel Date: Thu, 08 Nov 2018 16:57:59 +0000 FYI Sent from my iPad Begin forwarded message: From: David Mitchell > Date: November 5, 2018 at 1:02:49 PM EST To: Shanson900 Cc: "Maryann N. Ve "Geoffre Allan Mills" Stacy Gilbert , HOWIE / SUE MUCHNICK , Mirium / howie muchnick Subject: RE: Life Hotel over the weekend payment confirmation was received for funds to the reserve account, funding date, is November 26 From: David Mitchell Sent: Tuesday, October 16, 2018 1:00 PM To: Shanson900 Cc: Maryann N. Veytsman; Geoffrey Allan Mills; Stacy Gilbert; HOWIE / SUE MUCHNICK; Mirium / howie muchnick; Subject: Re: Life Hotel waiting on confirmation, it is planned to have $375,000 in the account by November 5 next waterfall is November 9 DAVID MITCHELL On Oct 16, 2018, at 12:54 PM, Shanson900 < > wrote: David. It's 6 days later You have sent nothing Partners want this info EFTA01017283 When are you sending the below complete info Sent from my iPhone On Oct 11, 2018, at 1:05 PM, David Mitchell < > wrote: will do tomorrow DAVID MITCHELL On Oct II, 2018, at 9:26 AM, Stephen Hanson < wrote: Please advise the reserve fund balance at DB Sent from my iPad On Oct 11, 2018, at 10:10 AM, David Mitchell < > wrote: In regards to sale,JLL has sent a teaser to over 600 buyers Over 40 people have signed NDAs They are in the process of receiving this memorandum In regards to lease,The lease terms are agreed to In the process of getting quotes to finance the lease in order to generate proceeds to pay off the debt , should have quotes next week DAVID MITCHELL Mitchell Holdin s LLC On Oct 10, 2018, at 6:38 PM, Stephen Hanson > wrote: EFTA01017284 DAVID last meeting months ago you said the hotel will either shortly be sold or long term lease - what is the status Sent from my iPad On Oct 10, 2018, at 3:57 PM, David Mitchell <1 > wrote: additions will be added this week DAVID MITCHELL Mitchell Holdin s LLC On Oct 10, 2018, at 12:43 PM, Maryann N. Veytsman > wrote: David and Geoffrey, I have not heard back regarding our numerous attempts to follow up on the open items. This process has dragged on for a long time. As you can see by the string of emails below and in the attached document regarding a more detailed document request schedule (that was also emailed to you on 9/14/18 by Stephen) our requests date back to March 2018 with many follow ups from then through August and September. Without this information, I cannot complete the analysis. As such, I need the supporting documents requested and answers to inquiries. I have asked the partners and the firm to be patient, but the consistent delays in responses and the failure to provide the requested information appears intentional and brings into question why producing such information is difficult. I ask that you please respond with an expected date of when this information will be provided. Most of this information should not be difficult or time consuming to produce (e.g., general ledgers should be complete and were only partially printed, bank statements are readily available on line and can easily be printed to pdf and produced). I'm copying a summary of the information we are requesting below for ease of reference. Please respond with any questions or comments. 1. Any agreements or construction contracts. a. Note: We received contracts with Skyland for the lobby, rooms/corridors and cellar to 2nd floor. Are there additional contracts? 2. Copies of all bids requested by Life Hotel One, LLC and supporting documents 3. Detailed General Ledgers, in electronic format. (As discussed, we will likely request supporting documentation relating to specific accounts or transactions once we receive and review the information provided.) a. Note: We received detail for months of December 2016 and 2017. We also received general ledger for Life Hotel One for the period 1/1/2018 - 8/8/2018; however July entries do not appear complete. Please provide a current ledger for the period of 1/1/2018 through 8/31/2018 as well as detailed general ledgers for the complete years of 2016 and 2017. 4. A listing of all bank accounts S. Are there bank accounts in the name of Life Hotel Company LLC? If so, please provide. 6. Check copies for Bank of America Account x0775, month ending 6/30/2016 EFTA01017285  7. First Republic Bank Statements (including checks) for 2018 8. Detailed listing of all intercompany transactions, including, but not limited to, loans, repayment of loans, interest expense, etc. a. Note: We received general ledger activity for due/to form Life Hotel for the period 1/1/2018 - 5/1/2018 and general ledger activity for due to/from life restaurant for April 2018 9. A complete listing of all scheduled payments that are paid form the Lockbox/Waterfall 10. A list of payment plan items and ACH schedule listing each item, amounts and dates and from which account (Bank of America, First Republic Bank, etc.) they are paid. It appears we received this for operational amounts only, but not construction amounts. Also, include whether releases have been received for construction amounts. 11. Interest Reserve Account details and supporting documentation 12. Confirmation that the Agoda payment was received and the money was deposited into the interest reserve account 13. Security deposit detail and how security deposits are accounted for in the books and records. 14. A detailed listing of all prior and current debt/payables a. Note: We received the operating amounts - the AP Aging from Geoffrey. David to provide the non-operating or construction amounts including a schedule of payments. Thank you, Maryann 'Citrin Cooperman MARYANN N. VEYTSMAN. Esq., CPA, CFF From: Maryann N. Veytsman Sent: Wednesday, September 12, 2018 5:54 PM To: 'David Mitchell' < ;'Geoffrey Allan Mills' < Cc: 'Stephen Hanson' < >; Stacy Gilbert < >; 'HOWIE / SUE MUCHNICK' < > 'mirium / howie muchnick' Subject: RE: Life Hotel Hi All, I wanted to follow-up on the below email and requests. Can you please let us know when we can expect the documents or a response as to timing? Thank you, Maryann From: Maryann N. Veytsman Sent: Thursday, September 6, 2018 6:16 PM To: 'David Mitchell' ;'Geoffrey Allan Mills' Cc: 'Stephen Hanson' • Stacy Gilbert < >; 'HOWIE / SUE MUCHNICK' < > 'Mirium / howie muchnick' < Subject: RE: Life Hotel EFTA01017286 Hi All, Thank you for the documents you provided David. Below is a listing of documents open as of 9/6/2018. Please note that we may have additional requests as we continue our review of the documents. 1. Any agreements or construction contracts. a. Note: We received contracts with Skyland for the lobby, rooms/corridors and cellar to 2nd floor. Are there additional contracts? 2. Copies of all bids requested by Life Hotel One, LLC and supporting documents 3. Detailed General Ledgers, in electronic format. (As discussed, we will likely request supporting documentation relating to specific accounts or transactions once we receive and review the information provided.) a. Note: We received detail for months of December 2016 and 2017. We also received general ledger for Life Hotel One for the period 1/1/2018 - 8/8/2018; however July entries do not appear complete. Please provide a current ledger for the period of 1/1/2018 through 8/31/2018 as well as detailed general ledgers for the complete years of 2016 and 2017. 4. A listing of all bank accounts 5. Are there bank accounts in the name of Life Hotel Company LLC? If so, please provide. 6. Check copies for Bank of America Account x0775, month ending 6/30/2016 7. First Republic Bank Statements (including checks) for 2018 8. Detailed listing of all intercompany transactions, including, but not limited to, loans, repayment of loans, interest expense, etc. a. Note: We received general ledger activity for due/to form Life Hotel for the period 1/1/2018 - 5/1/2018 and general ledger activity for due to/from life restaurant for April 2018 9. A complete listing of all scheduled payments that are paid form the Lockbox/Waterfall 10. A list of payment plan items and ACH schedule listing each item, amounts and dates and from which account (Bank of America, First Republic Bank, etc.) they are paid. It appears we received this for operational amounts only, but not construction amounts. Also, include whether releases have been received for construction amounts. 11. Interest Reserve Account details and supporting documentation 12. Confirmation that the Agoda payment was received and the money was deposited into the interest reserve account 13. Security deposit detail and how security deposits are accounted for in the books and records. 14. A detailed listing of all prior and current debt/payables a. Note: We received the operating amounts - the AP Aging from Geoffrey. David to provide the non-operating or construction amounts including a schedule of payments. Thank you, Maryann From: Maryann N. Veytsman Sent: Thursday, August 30, 2018 11:38 AM To: 'Geoffrey Allan Mills' ;'David Mitchell' < Cc: 'Stephen Hanson' c >; Stacy Gilbert c >; 'HOWIE / SUE MUCHNICK' c ; 'Mirium / howie muchnick' • Subject: RE: Life Hotel Hi All, I was just following up on the below requested items. I understand some of the items would not be available until after 8/31/18, but wanted to know when we can expect the other items. If you have any questions, please let us know. EFTA01017287  Thank you, Maryann From: Maryann N. Veytsman Sent: Thursday, August 23, 2018 7:16 PM To: 'Geoffrey Allan Mills' >; David Mitchell Cc: Stephen Hanson ; Stacy Gilbert .; HOWIE / SUE MUCHNICK < >; Mirium / howie muchnick Subject: Life Hotel Hi Geoffrey and David, Thank you for taking the time to meet with us yesterday morning and for sending us some of the requested information today. Below is a list of documents we discussed and/or are requesting in addition to the previous documents requested and provided: 1. A list of payment plan items and ACH schedule listing each item, amounts, dates and from which account (Bank of America, First Republic Bank, etc.) they are paid. It appears we received this for operational amounts only, but not construction amounts (e.g., Skyland) 2. Bank statement copies, including checks, for accounts held at First Republic Bank from May 2016 through current. If it is easier, you can provide us with online access and we can print the bank statements to PDF. 3. Interest Reserve Account details and supporting documentation. 4. Detailed General Ledgers for 2016 and 2017. The general ledgers provided this morning contain details for only December of each year. (As discussed, we will likely request supporting documentation relating to specific accounts or transactions once we receive and review the information provided.) 5. Detailed General Ledger for 2018. The detailed general ledger provided previously is cut-off at account #906765000 — Real Estate Taxes. 6. Monthly P&L Detail for 2016 and 2017. (All months provided for 2018 and year-end provided for 2016 and 2017). 7. Confirmation that the Agoda payment was received and the money was deposited into the interest reserve account. 8. Copy of the Engagement Letter between the Hotel and GAM, including signatures. 9. Security deposit detail and how security deposits are accounted for in the books and records. 10. A detailed listing of all prior and current debt/payables. We received the operating amounts - the AP Aging from Geoffrey. David to provide the non-operating or construction amounts. 11. A complete listing of all scheduled payments that are paid form the Lockbox/Waterfall. 12. The following items will be provided after August 31st per the email from David on 8/21/18. a. Operating Agreement of Life Hotel One, LLC including any drafts and/or amendments. b. Management Agreements (including drafts and amendments). c. Any agreements or construction contracts. d. Copies of all bids requested by Life Hotel One, LLC and supporting documentation received and reviewed. e. A listing of all bank accounts. f. Complete federal and state tax returns, including all schedules. g. All loan agreements, including all refinancing agreements. h. Detailed listing of all Intercompany Transactions, including, but not limited to, loans, repayment of loans, interest expense, etc. Please let us know if you have any questions. Thank you, Maryann EFTA01017288 <Document Request Schedule - 9-12-I8.pdf> EFTA01017289