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From: jeffrey E. <[email protected]>
Sent: Wednesday, February 25, 2015 12:38 AM
To: Ada Clapp
Subject: Re: Follow up to yesterday's call
im awre
On Tue, Feb 24, 2015 at 7:47 PM, Ada Clapp < > wrote:
Jeffrey,
Did you get all the answers you wanted in connection=with the notes that were generating income to Josh and
Ben? As a rem=nder, Ben borrowed $1.5 million from the APO1 Trust
last October (9 year term note with interest at 1.85= - interest is compounded annually, accrued and added to
principal).=C2 This generates "phantom" interest income for Leon (a= you know, APO1 is a grantor trust).
Ada Clapp
Chief Legal Officer
Elysium Management LLC
445 Park Avenue
Suite 1401
New York, New York 10022
Direct Dial: <tel
Fax: <tel
Email:
This communication and any attachment is for the =ntended recipient(s) only and may contain information that
is privileged, =onfidential and/or proprietary. If you are not the intended reci=ient, you are hereby notified that further
dissemination of this communication and its attachments is prohibited. =AO Please delete all copies of this
communication and its attachments and "ratify me immediately that you have received them in error. Thank you=
EFTA_R1_01640554
EFTA02509307
please =ote
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EFTA_R1_01640555
EFTA02509308
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EFTA02509307
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