📄 Extracted Text (275 words)
From: Eileen Alexanderson >
Sent: Wednesday, July 10, 2013 4:16 AM
To: 'Jeffrey Epstein'
Subject: Phaidon org structure
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 t=an a Corporate entity on top with PP UK and
US side by side. UK entity wou=d pay taxes in UK. US Entity would pay taxes in US.
Yet TBD whether Regan Media LLC interests would be owned by Phaidon Press l=c or Phaidon Global-checking on this.
Consolidated financials would be pre=ared for Phaidon Global LLC.
Phaidon UK and Phaidon US would be joint borrowers (as the entities with th= IP rights) with PPL borrowing in GBP, PPI
borrowing in $. Phaidon Global =ould be guarantor.
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