RE: S-Corp Election
Hi Ada,
The election can be made any time before March 15th.
Zoey
Zoey F. Orol I Associate
Paul Weiss, Rifkind, Wharton & Garrison LIP
ew York, NY 10019-6064
EFTA00629658
Guys-even on the small stuff can start copying jeffrey. Thx Sent from my Verizon Wireless BlackBerry
Hi Rich,
As part of the year-end planning, we will create a new S-Corp the stock of which will be sold to the APO1 Trust. As long as it is a grantor trust, APO1is eligible to hold Sub S Stock. However, Alan and I think we should make a protective Sub S election just in case an unexpected event should cause grantor trust status to cease. Paul Weiss tells me the election can be made any time before March 15th. Kindly put this item on your "to do" list.
Thanks!
Ada Clapp
Chief Legal Officer
Elysium Management LLC
Suite 1701
New York, New York 10022
EFTA00629657
Hi Rich,
Rich D. confirmed that today the APO-01 Trust paid Leon the purchase price to acquire an interest in Narrow Inc.—the new S-Corp. That means, as of today, the APO-01 Trust holds S-Corp stock (please see below email). Thanks!
-Ada
From: Brad Wechsler
Sent: Thursday, December 10, 2015 6:16 PM
To: Ada Clapp < >.; Richard Joslin
Cc: Joe Avantario c ; John Castrucci <S) ; Jeffrey Epstein leevacation@gmail.com>
Subject: Re: S-Corp Election
Guys-even on the small stuff can start copying jeffrey. Thx Sent from my Verizon Wireless BlackBerry
- From: Ada Clapp
- Date: Thu, 10 Dec 2015 22:45:25 +0000
- To: Richard Joslin
- Cc: Joe Avantario, Brad Wechsler, John Castrucci
- Subject: S-Corp Election
Hi Rich,
As part of the year-end planning, we will create a new S-Corp the stock of which will be sold to the APO1 Trust. As long as it is a grantor trust, APO1is eligible to hold Sub S Stock. However, Alan and I think we should make a protective Sub S election just in case an unexpected event should cause grantor trust status to cease. Paul Weiss tells me the election can be made any time before March 15th. Kindly put this item on your "to do" list.
Thanks!
Ada Clapp
Chief Legal Officer
Elysium Management LLC
Suite 1701
New York, New York 10022
EFTA00629657
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