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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA00972286: Apollo Management, Paul Weiss and Arrangement (DS9)

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Document referencing Ada Clapp Black Family Partners c/o Apollo Management at 9 W 57th Street, New York, NY 10019. The document discusses a GRAT (Grantor Retained Annuity Trust) being drafted by Paul Weiss and addresses concerns about a Note arrangement's characterization as a bona fide debtor/creditor relationship.

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PersonKeyword
Excerpt 1
Ada Clapp Black Family Partners c/o **Apollo** **Management** 9 W 57th Street New York NY 10019 phone: email: IRS Circular 230 Disclosure: Pursuant to IRS regulations
Excerpt 2
**Paul** **Weiss** is drafting the GRAT and will send it for my review soon.
Excerpt 3
The problem with this approach is that it makes the original Note look less like a bona fide debtor/creditor **arrangement**.

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