From: "Jeffrey E." <[email protected]>

From: "Jeffrey E." <[email protected]> To: Richard Joslin Subject: Re: Date: Mon, 23 Feb 2015 14:46:55 +0000 Show me reporting on tax return On Monday, February 23, 2015, Richard Joslin < > wrote: For 2014 — no. Leon is Lender and Borrower for federal income tax purposes. LDB 2011 LLC is owned by 2011 Trusts (first half of 2014) and APO 1 (second half of 2014) which are grantor trusts for income tax. For 2013, imputed (phantom income) was reported. From: Jeffrey E. [[email protected] Sent: Monday, February 23, 2015 9:27 AM To: Eileen Alexanderson Cc: Richard Joslin; Brad Wechsler Subject: Re: Is there phantom income to be declared On Monday, February 23, 2015, Eileen Alexanderson c Support for the actual money transfers is attached Eileen Alexanderson Elysium Management 445 Park Avenue Suite 1401 New York NY 10022 Phone: Email: > wrote: EFTA00863733 From: Richard Joslin Sent: Monday, February 23, 2015 8:48 AM To: jeffrey E.; Eileen Alexanderson; Brad Wechsler Subject: RE: Attached is an explanation of children note restructuring. Ada had circulated this on 11/26/2013 to Barry, Alan. From: jeffrey E. [email protected]] Sent: Monday, February 23, 2015 7:50 AM To: Eileen Alexanderson; Richard Joslin; Brad Wechsler Subject: lets have a call early afternoon if possible to review Phaidon structure and bens notes. I recall there being a chart of phaidon strucutre . but it did not include cash movements with specificity. ie where did the money go.- flow. -with precision to location and amounts etc.. ( I dont know what the word " Papered " means! and i f there is" paper". I would like to see it. documents that reflect all debt , payments cancellations. purchases. decanting etc. . all entities and theire officers. directors etc. sigining authority, . filings made . required in the future please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE EFTA00863734 Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00863735