Epstein File EFTA02380043: Recording, Paul Weiss and Arrangement (DS11)

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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA02380043: Recording, Paul Weiss and Arrangement (DS11)

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This document contains legal guidance from Paul Weiss, Rifkind, Wharton & Garrison LLP regarding art ownership and trust arrangements. The guidance addresses requirements for documenting agreements concerning art insurance and the acquisition of art by trusts, recommending contemporaneous written records such as trustees' resolutions. The document specifies that art owners should maintain formal agreements recording insurance arrangements and decision-making processes related to art acquisitions.

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recording Paul Weiss arrangement

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Excerpt 1

The owners of the art should have an agreement **recording** the arrangement concerning the insurance, including: a.

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Each time art is acquired by a trust, there should be a contemporaneous writing, such as a trustees' resolution, **recording** the decision. 3.

Excerpt 3

Halperin | Partner **Paul**, **Weiss**, Rifkind, Wharton & Garrison LLP 1285 Avenue of the Americas I New York NY 10019-6064 Direct Phone) I Direct Fax