EFTA02479378

From: jeffrey E. <[email protected]> Sent: Wednesday, December 9, 2015 10:32 PM To: Heather Gray Subject: Re: FW: Narrow Holdings Payments -JOINT DEFENSE COMMON INTEREST PRIVILEGE wires larry can redact his own account i=fo. i want to see where the money went with specificity =C2 what was the account name. ? what type and the invoice =e now heard about On Wed, Dec 9, 2015 at 6:11 PM, Heather Gray &=t wrote: Jeffrey,=/span> </=pan> Just received this fro= Larry Gagosian's attorney. He has provided the chart below showin= the movement of the funds, but we still don't have actual bank wi=e info for payments from Gagosian to Picasso — I assume you still want to see actual wires? </=pan> Best, Heather<=span> </=pan> From: Matthew Dontz' Sent: Wednesday, December 09, 2015 5:04 PM To: Heather Gray Subject: FW: Narrow Holdings Payments -JOINT DEFENSE COMMON INTEREST=PRIVILEGE I actua=ly thought I sent this to you previously but no matter and apologies if I =idn't. Larry of course wanted me to continue to be totally transpa=ent with Leon and his team. Here is=a record of payments received and transmitted by GG.<=p> =C2 =C2 =C2 Date EFTA_R1_01594999 EFTA02479378 Amount Sender Recipient 5/12/15 $23 M Narrow Holdings ("Narrow")</=> GG 5/19/15 $21.16 M GG Maya 6/29/15 $34.5 M Narrow GG 7/1/15 $31.74M (split into 2 wires of $20 M and $11.74=M) GG Maya 10/1/15 $28.75 M Narrow GG 10/2/15 $25 M GG 2 EFTA_R1_01595000 EFTA02479379 Maya Total paid by Narrow: $86.2= Mg=pan> Total paid by GG: $77.9 M</=pan>=/p> <=> As the chart and attachments reflect=here is the narrative:</=> Larry transferred funds to Maya more or less as Leon made payments on the s=ulpture. Specifically: =AO On May 12, 2015, Narrow Holdings LLC made a payment of $23 million =o Gagosian Gallery Inc. A week later, on May 19, 2015, Gagosian Gall=ry Inc. made a payment of $21.16 million to an account held by Maya Widmaier at Banque Leonardo. =C2 =AO =C2 =AO On June 29, 2015, Narrow Holdings LLC made a payment of $34.5 milli=n to Gagosian Gallery Inc. On July 1, 2015, Gagosian Gallery Inc. ma=e a payment of $20 million to an account held by Maya Widmaier at Banque Leonardo. On the same day Gagosian Gallery l=c. made a second payment of $11.74 million to an account held by Maya Widm=ier at Banque Leonardo. =AO On October 1, 2015, Narrow Holdings LLC made a payment of $28.75 mi=lion to Gagosian Gallery Inc. The next day, on October 2, 2015, Gago=ian Gallery Inc. made a payment of $25 million to an account held by Maya Widmaier at Banque Leonardo. On the same day=Gagosian Gallery Inc. made a second payment of $1.45 million to an account=held by Maya Widmaier at Banque Leonardo. =C2 Thanks for taking my cal= today. =C2 Best Re=ards 3 EFTA_R1_01595001 EFTA02479380 Matthew=u> please =ote The information contained in this communication is confiden=ial, may be attorney-client privileged, may constitute inside informati=n, and is intended only for the use of the addressee. It is the propert= of JEE Unauthorized use, disclosure or copying of this communica=ion or any part thereof is strictly prohibited and may be unlawful. If =ou have received this communication in error, please notify us immediat=ly by return e-mail or by e-mail to [email protected] <mailto:jeevacation@gmail=com> , and destroy this comm=nication and all copies thereof, including all attachments. copyright -=11 rights reserved 4 EFTA_R1_01595002 EFTA02479381