Re: [External] Plane
Jeffrey — Leon asked me to ask you. Debra is going t= Chicago May 30th — back and forth the same day. Here is the=response from Jet
Hi Melanie,
For May 30th with the 12pm departure out of Teterboro and 11pm dep=rture out of Chicago the duty day is at 15hrs18min. For 135 trips crew can=ot exceed 14hr duty day. If you wish to operate this flight as 135 we must=do a crew swap in Chicago. If we were to operate this fight as 91 with a C=ief Pilot approval we could extended the duty day to 16hrs. Please let me =now how you wish to proceed.
Can we switch to 91 — Here is what they said about the dif=erence:
When operation 91 the owner has operation control and we have a li=tle bit of flexibility with extending the duty day as long the chief pilot=approves it.
When operation 135 its consider business and the rules are a lot s=ricter. We are not able to extend the duty day. Two pilots can only be on =uty up to 14hrs and no more than 10hrs of flight time.
Thank you!
Melanie Spinella | Apollo Management
Executive Assistant to Leon D. Black
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ex
We are factoring this into our structure recommendations. =C2 Lots of constraints. Apollo doesn't want to be an owner or an ope=ator. Makes 91operations for Apollo tricky.
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Apollo?
Some trips for Apollo are not 135 compli=nt due to minor issues of crew rest or otherwise. So occasionally we have =o fly Part 91on Apollo flights. Hard to do without Apollo being ope=ator.
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what is an apollo flight . ?=C2 when will we have the proforma ? the gift ta= paid but still fraud fable is just that . =cant be found because it doesnt exist. you are getting c=ildish advice and data. ? sorry. I was very =tear with leon that you need a senior tax advisor . person. =AO Joe V is not it. you have bookkeepe=s , accountants and enad y compliance. you going a=ound to others to see how they work is in my opinion the=height of silliness. I consider you tthe best thing that hap=ened to elysium . and have been quite vocal about it. hire th= best people . they cost money. This biz is leons most impor=ant asset that he will leave to his kids. . It will be responsbile f=r a whole host of family, estate. operating issues. .
i =ave not gottten involved in the documentation , of what is there =AO . and its acccesibility. i would guess pretty good now. =C2 For ex , my disccusions with other clients =are a give and take , of laws mecahnisms. tactics strategys..=C2 audit prep. . case law.. a joint composition of =igh level planning . reporting. analyisis, alternatives. =AO hearing about an article that your guy might have read in=his dentitst office. that turns out to be bogus. is emblematic of th= office. I am confient that you will grow into the job, =AO . re clats I only asked if any of your so called advisors=C2 have actually done one so they understand its true and p=acitcal pitfalls. your response that the art will be s=ld quickly. and that there is a chapter in lerners book about it , t=e same book that leon relied on to his detriment before. ( 1031 ) .=C2 was suprising, . if the art is to be sold quickly ( =AO not sure leon would sign on. ) , DO it before he dies= not after. art delays the closing of the estate.=C2 leon is the "BEST seller. , know the ma=ket etc. gains can be dealt with .
I=real tax advisor should demand at least lm per year. up =0 3 . all the big firms have a mandatory retiremen= at age 60. high level people all on the street. =C2 my friends biz that only grosses 60 m just hired o=e for a million. guys that have hand filled out PE=SONAL tax returns TRUST returns . planned strategies yea=s in advance. . Audit experience preferable large =ase. . some tax court experience helpful. . filled=out estate tax docs ( VERY IMPORTANT)