ey Epsteinfieeyacation©gmail.com]; Eileen Alexanderso
••
From: Ada Clapp
Sent: Thur 4/18/2013 3:43:58 PM
Subject: Question re Restructuring
Hi Jeffrey,
I was wondering out loud with Eileen yesterday: instead of having Leon borrow funds to
substitute into the 2006 Trust in exchange for BFP interests, have you considered having BFP
borrow funds to be used to redeem the interests of all partners except Lcon? I sec the problem as
the size of the loan but perhaps we could consider this as one piece of the solution. What do you
think?
Ada Clapp
Black Family Parinors
c'o Apollo Management
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