EFTA02572963.pdf

From: Thomas Turrin Sent: Thursday, August 1, 2013 1:41 PM To: Jeffrey Epstein Subject: RE: FW: N624N - Plane <=p> I will be speaking with M=chael Mandel on Monday ..he's on vacation this week... I will ask. <=p> <=p> THOMAS TURRIN, CPA<=o:p> Partner Raich Ende Malter & Co. LLP 1375 Broadway</=> New York, New York 100=8 Email: tturrin@rem-co.com Website: www.rem-co.com =p> <=p> From: Jeffrey =pstein Imailto:jeevacation@gmail.comj Sent: Thursday, August 01, 2013 8:18 AM EFTA_R1_01742782 EFTA02572963 To: Thomas Turrin Subject: Re: FW: N624N - Plane are the pilots manuals etc 135 restricted = or 91 free?? On Wed, Jul 31, 2013 at 11:26 AM, Thomas Turrin target="_blank' a» wrote: Jeffrey, I spoke with Michael Mandel and Pat =enn of Akin on Friday. Eileen was also on the call. Michael Mandel is working on t=e restructuring the plane agreements as between Rance Acquisitions, LLC, Jet Aviatio=, Apollo, Leon etc...Avioneta would continue as the "beneficialaspan> owner" of Rance for tax purpos=s. See Michael's comments below. The restructuring provides for Part =35 chartering between Apollo and Jet Aviation...in addition to Part 13= flights for Leon's personal use, should he choose to fly Part 135....Flying=Part 135 personally will count toward "business use" of the ai=craft for purposes of calculating percentage of use for depreciation purposesR=0;(more than 50%). The proposed restructuring also gives him the rig=t to Part 91for personal use. Pat Fenn of Akin is checking the law=with respect to the applicability of the US excise tax for Apollo reimburs=ments for year 2012 and this year — I expect to hear from him today or t=morrow. I will follow up. Best, Tom 2 EFTA_R1_01742783 EFTA02572964 THOMAS TURRIN, CPA Partner Raich Ende Malter & Co. LLP 1375 Broadway New York, New York 10018</=> From: Mandel, Michael Sent: Thursday, July 25, 2013 11:10 AM To: Thomas Turrin Cc: Fenn, Patrick; Zivot, Louis; Daigle, Brian Subject: N624N Tom, we haven't shared this=specific outline or any documents with Jet Aviation yet, but we have discu=sed the concepts embodied by the listed agreements. In any event, here is our current thinking. Basically we envision fi=e "new" documents (one of which is actually an amendment of an=existing agreement): 1. An Operating Agreement between Rance and L=B that gives LDB a non-exclusive license for Part 91flights.<=o:p> 3 EFTA_R1_01742784 EFTA02572965 3. A Charter Services Agreement (think of it =s a supplement to the Dry Lease Agreement) between Jet and Apollo that per=its Apollo to charter the aircraft (for Apollo business travel). 5.Michael S. Mandel 1333 New Hampshire Avenue, N.W. I Washington, DC 20036-1564 I USA I <http://www.akingump.com> I &n=sp; &=bsp; chttp://www.akingump.com/mmandel> CONFIDENTIALITY STATEMENT=/strong>: The information c=ntained in this electronic communication, including any and all attachments and en=losures, may be privileged and is strictly confidential, intended solely f=r the use of the person(s) identified above to receive this communication.=lf you are not the person(s) identified above to receive this communication, you are hereby notified that you may =ot disclose print, copy, disseminate, or otherwise use the information con=ained herein. If you are an employee or agent of the person(s) identified =bove to receive this communication and, as such, you have been authorized to deliver this communication to su=h person(s), you may disclose, print, copy, disseminate, or otherwise use =he information contained in this communication solely for the purpose of s=ch delivery. 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This communication may not be f=rwarded (other than to the addressee(s) identified above) without our expr=ss written consent. 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 Jeffrey Epstein 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 jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 4 EFTA_R1_01742785 EFTA02572966