From: Brad Wechsler >
Sent: Wednesday, November 4, 2015 2:50 PM
To: jeevacation@gmail.com*;
Cc:
Subject: Re:

Jeffrey-a few things:

1. Everybody in the office is super busy (q3 financials, 15 and 16 projections tax/cashflow; trustee book for nov meet; decantings, potential phaidon sale, etc, etc.). That notwithstanding, re your questions:

2. I went thru the change of liabilities and basis with rich j last night and am not comfortable I can explain it fully. I will pick up with rich on this today. Btw, I did get an explanation on the grat charts that does explain the layout, how they work and how a grat can succeed even when a stock goes down over a two year period....makes sense.

3. I have a first cut list of potentially superfluous bank accts which joe can forward to you but which I haven't reviewed yet.

4. Ada has identified a few places where we can net notes and she shld forward those to you.

5. We have not yet sat down (we shld do it with you) to look at the "grand" simplification plan, if any. I ye assumed this should be part of the new decanting process. On a smaller scale there are some Mc's which I believe/hope can go away such as lbf holdings and perhaps some others. Ada wld you think abt and discuss with rich j/joe, then me. Thx

From: jeffrey E. [mailto:jeevacation@gmail.comj
Sent: Wednesday, November 04, 2015 05:31AM
To: Richard Joslin <RJoslin@elyslIc.com>; Brad Wechsler
Subject:

we are still waiting on the number re cash that was received that was not taxed thereby decreasing basis. today if possible, ? also a list of all cos, Ilc partne etc bank accounts and notes that can / should be eliminated as part of the clean up.

please note

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