Picasso, Pelham commenced litigation in Switzerland to enforce its claim to the Sculpture (the
"SwissLitigation"). On May 13, 2015, the High Court ofParis entered a writ of seizure ... Writ of Seizure") in aid of the SwissLitigation prohibiting, under penalty of criminal sanctions,
the alienation or transfer of the Sculpture from France while the Swiss proceedings are pending ... Contempt Proceedings").
By this letter we are providing you with formal notice of the SwissLitigation, the
Writ of Seizure, and the Contempt Proceedings, to the extent you were