EFTA02378812.pdf

"From: Richard Joslin Sent: Wednesday, December 3, 2014 12:06 PM To: Jeffrey E."

"From: Jeffrey E. [mailto:[email protected] Sent: Wednesday, December 03, 2014 5:52 AM To: Richard Joslin"

"BFP would need to be repaid a few million from APO2 (Phaidon credit line) to raise 15MM"

"Plan was for APO 2 and LDB 2011 LLC (APO 1) to repay the amount borrowed by Phaidon Global ... in O12015."

"amount borrowed by Phaidon Global to fund Phaidon and Regan Arts."

"can bfp pay 15 million fee tomorw?"

"the trusts can repay BFP a bit earlier than planned ... amount borrowed by Phaidon Global"