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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01202901: Ronald Lauder and Painting (DS9)

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This document describes a business arrangement for acquiring a Schwitters painting through a joint investment. The document outlines the terms of creating a limited liability company (LLC) to purchase the artwork, including shared ownership expenses and restrictions on lending the painting without mutual consent.

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Excerpt 1
The Company's purpose is to acquire the Schwitters painting as an investment.
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You will also share the expenses of ownership of the painting (including transporting the painting from Christie's) and creation of the LLC. III.
Excerpt 3
May not lend the painting without the other Member's consent. V. Insurance.

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