From: Ada Clapp
To: jeffrey E. <jeevacation@gmail.com>
Subject: RE: Fire Drill
Date: Wed, 09 Mar 2016 20:49:03 +0000
Attachments: Black_Estate_Overview_12.31.15_®$15.215_(3_9_16).xls;
Estate_Overview_Executive_Sutrunary_12_31_15_@$15.215_(3.9.16).xlsx
It is in Excel. Please see attached.
Ada Clapp
Chief Legal Officer
Elysium Management LLC
445 Park Avenue
Suite 1401
New York, New York 10022
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privileged, confidential and/or proprietary. If you are not the intended recipient, you are hereby notified that further
dissemination of this communication and its attachments is prohibited. Please delete all copies of this communication
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From: Jeffrey E. [mailtoleevacation@gmailcom]
Sent: Wednesday, March 09, 2016 3:31PM
To: Ada Clapp
Subject: Re: Fire Drill
can you send it it word file?
On Wed, Mar 9, 2016 at 2:02 PM, Ada Clapp < > wrote:
Jeffrey,
Attached is the updated Estate Overview for Leon and together with a separate 3 page Executive
Summary. Please note the following:
1. Both presentations were prepared by Paul Weiss's fiduciary accountant under my direction and Alan's
overall supervision.
2. The attached are based on a 12/31/15 balance sheet and AGM stock at $15.21/share. We are in the process
of preparing an alternative Overview showing the AGM stock at $30/share.
3. The Detailed Presentation is based on the old US Trust format (somewhat reorganized) for
familiarity/continuity with the last Overview.
4. We learned yesterday from Brad that he believes the real estate numbers are understated by approximately
$40-50 million. This information is not incorporated into the Overview.
EFTA00832257
Once you have had a chance to review the attached, I suggest that you, Alan and I get on the phone together to
discuss any questions you might have and so that we can point out various aspects of the presentation.
Thank you.
Ada Clapp
Chief Legal Officer
Elysium Management LLC
445 Park Avenue
Suite 1401
New York, New York 10022
Direct Dial:
Fax:
Email:
This communication and any attachment is for the intended recipient(s) only and may contain
information that is privileged, confidential and/or proprietary. If you are not the intended recipient, you
are hereby notified that further dissemination of this communication and its attachments is prohibited. Please
delete all copies of this communication and its attachments and notify me immediately that you have received
them in error. Thank you.
please note
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the use of the addressee. It is the property of
JEE
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including all attachments. copyright -all rights reserved
EFTA00832258