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efta-efta00963890DOJ Data Set 9OtherFrom: Jeffrey Epstein <jeevacationggmail.com>
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DOJ Data Set 9
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From: Jeffrey Epstein <jeevacationggmail.com>
To: Cecile de Jongh
Subject: Re:
Date: Fri, 21 Jun 2013 15:29:44 +0000
Ok , you send to Andrew please
On Friday, June 21, 2013, Cecile de Jongh wrote:
ok
2. IGY agrees to renegotiate the Management Agreement as well as pay us the
$2.5M for the overpayment on the purchase price, the $250K owed, the $180K error
from six years ago and the leasing commissions "earned" on defaulted tenants. .
With warm regards,
Cecile
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From: Jeffrey Epstein <[email protected]>
To: Cecile de Jongh
Sent: Friday, June 21, 2013 10:25 AM
Subject: Re:
no the 2.5 overpayment the 180 error 6 years ago. plus interst, plus leasing commisions not really earned
as the tenat they chose and verified as finally able defaulted.
On Fri, Jun 21, 2013 at 10:19 AM, Cecile de Jongh <
wrote:
Jeffrey
I am not sure what the $180K refers to - please clarify.
EFTA00963890
I might say something like this as well:
There are $4.5M in fees that have been paid out over the past six years that have
allowed you to take almost 100% of your investment out of this deal. Additionally,
this was a non-arms length transaction which makes the level of these fees
inappropriate.
1 IGY returns my investment plus interest, and we are only tenants. at fair market.
SEEMS LIKE THE BEST OPTION
2. igy pays us 2.5 for the overpayment plus 250 owed. for a total of 3 millon and
we stay as is. ARE YOU INCLUDING THE INTEREST NOTED ABOVE ($180K)
TO GET TO THE $3M?
TO GO WITH THIS OPTION, WE WOULD
ABSOLUTELY NEED TO RENEGOTIATE THE MANAGEMENT AGREEMENT.
3. Igy that has already taken out all its equity walks away, leaves us with the
million in cash , and we take over. I LIKE THIS OPTION AS WELL. WITH THE
$700K IN MANAGEMENT FEES THAT THEY WERE TAKING OUT PLUS THE
$1M, YOU COULD DEAL WITH THE DEFERRED MAINTAINANCE ISSUE OVER
THE SHORT TERM.
With warm regards,
Cecile
DISCLAIMER: The information contained in this e-mail may be privileged,confidential, and protected
from disclosure. If you are not the intended recipient, you are hereby notified that any
dissemination, distribution or duplication of this communication is strictly prohibited. If you have
received this communication in error, please notify the sender immediately and delete all copies.
"Nearly all men can stand adversity, but if you want to test a man's character, give him power." — Abraham Lincoln
4" Please consider the environment before printing this e-mail.
From: Jeffrey Epstein <[email protected]>
To: Cecile de Jongh
fr"
Sent: Thursday, June 20, 2013 2:16 PM
Subject:
EFTA00963891
as I see it there are three fair AYH solutions . 1 it appears we overpaid by a total of 5 million as part of
the sun purchase. in addtion there is a 180 owed with interest . plus the addditonal leaseing issues etc.
1 IGY returns my investment plus interest, and we are only tenants. at fair market.
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EFTA00963892
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