(NYSCEF 30, Certificate at 4.) 41; NYSCEF 34, 1976 By-laws. Jeffrey Epstein was a New York-based financier with high-profile ties to the world's ultra-wealthy and powerful. 37.) Both provisions operate to protect a donor's expressed intent when making a charitable, testamentary gift. 2021-04-08, New York County Courts | Contract | John P. de Jongh's wife Cecile de Jongh served on the board of Epstein's Financial Trust Co. for most of her husband's time in office, Business Insider's Becky PetersonandJohn Cookreported. Wexner has a net worth of $7.15 billion, Bloomberg reported. 63-69.) The key distinction between Lucker, which rejected the plaintiffs' standing to bring a personal injury claim on behalf of the decedent, and Smithers, which permitted the wife and Special Administratrix to bring a claim on behalf of the estate to sue to enforce the terms of the donor's gift, was because "Smithers did not involve either beneficiary standing or standing as a family member. Defendants assert three arguments in their motion to dismiss: (i) under CPLR 3211(a)(1) and (3), plaintiffs lack standing; (ii) under CPLR 3211(a)(11), qualified immunity under N-PCL; and (iii) under CPLR 3211 (a)(10), plaintiffs failed to join the New York State Attorney General as a necessary party. (Id. ), Since ETP's founding over four decades ago, there have been many changes to the Board and leadership resulting from marriages and the inclusion of outsiders. Court documents unsealed on July 31 show Epstein accuser Virginia Giuffre testified that Clinton also visited Epstein's island something the former president has denied. . 51.) Please contact the Commercial Division Blog editors at commercialdivisionblog@schlamstone.com if you or a client have questions concerning nonprofit organizations. "We wanted people to see that and be angry about it, and hopefully that can provoke change.". . Posted: January 26, 2022 / Someone should tell him about redaction.". ), On a CPLR 3211(a)(10) motion to dismiss for failing to join a necessary party, defendants must demonstrate that the inclusion of such a party is necessary to "accord full relief to the parties presently joined or that the [party] would be inequitably affected by any judgment that might result." (NYSCEF Doc. Although he enrolled at Cooper Union and later at New York University in the early 1970s, he never received degrees at either school. In essence, defendants opine that Karin and Hal cannot bring a claim against ETP, just as the Estate cannot, because William's gift to ETP was unrestricted and the Board of Directors was not tethered to any restrictions under the Certificate. (NYSCEF 1, Complaint 33-35.) 77-81.) (Id.). On April 29, 1976, Tom and Manny signed the Certificate of Incorporation (Certificate) establishing Epstein Philanthropies. The distinction between an unrestricted gift and an endowment fund, and the accompanying documentary evidence, can only be understood to support defendants' motion to dismiss for plaintiffs' lack of standing. (W. 146-153. "Bill attended a meeting in New York with others focused on philanthropy. In their capacities as co-successor executors of their late father's estate, they bring a breach of quasi-contract (third cause of action); equitable estoppel (fourth cause of action); breach of constructive or quasi-trust (fifth cause of action); breach of fiduciary duties under N-PCL 717 and 720 (sixth and tenth cause of action) against the individual defendants and for their removal under N-PCL 706 and 714; wrongful related party transactions under N-PCL 715 against ETP (ninth cause of action). 69.) Plaintiffs counter that immunity under this provision does not apply to derivative actions where gross misconduct is alleged. Remarkably bright, Epstein skipped two grades and graduated from Brooklyn's Lafayette High School at the age of 16. Instead, he reportedly met with one of Epstein's lawyers, who happened to be a former colleague of Acosta's. He pleaded not guilty on July 8 and was being held without bail in New York City, where he was already on suicide watch after an earlier reported suicide attempt that had led to his hospitalization, at the time of his death. ), In 2008, the name of the foundation was changed from Epstein Philanthropies to its current name, Epstein Teicher Philanthropies. EPTL 8-1.1 (f) accords the Attorney General the ability to sue a charitable corporation and its board of directors on behalf of the beneficiaries of any charitable dispositions. 126, 130.) On July 2, 2020, Ghislaine Maxwell, a British socialite and ex-girlfriend of Epstein's, was arrested by the FBI in Bradford, New Hampshire. (Id. Although the investigation eventually uncovered dozens of young women and minors who had allegedly been sexually abused by Epstein, he was ultimately charged on just two counts: soliciting a minor for prostitution and procuring minors for prostitution. The future president claimed in 2002 that he had a long friendship with Epstein. A spokesperson for Siegal told Business Insider that Siegal's relationship with Epstein was social, not professional. All Rights Reserved. Jeffrey Epstein was an American money manager and registered sex offender. "I invest in people be it politics or science," Epstein was known to say, according to New York Magazine. The bank earlier this month sued former JPMorgan investment banking chief Jes Staley, claiming he is responsible for the suits related to Epstein. Clinton's staff and Secret Service agents also went on these trips, which were to further the work of the Clinton Foundation, according to the statement. The documentary evidence defendants offer in support of their 3211(a)(1) motion to dismiss does not contradict plaintiffs' contentions that they were appointed as representatives of their father's estate to enforce the terms of the gift. Siegal, known for hosting events to promote films including "The Big Short," "Argo," and "The Revenant" to Oscar voters, invited Epstein to screenings after he was released from prison in 2010,according toThe New York Times. Prosecutors in the US Virgin Islands alleged that Epstein was trafficking women and children through the US territory during that same time, as stated in a January lawsuit. The same Musk spokesperson told Business Insider that "Ghislaine simply inserted herself behind him in a photo he was posing for without his knowledge.". Wexner's trust transferred ownership of the house to Epstein in 2011 for $0,Bloomberg reported. (Rabushka v Marks, 229 A.D.2d 899, 900 [3d Dept 1996].) The Attorney General is entitled to sue on behalf of possible beneficiaries or members of a class of beneficiaries for enforcement of the charitable trust to prevent vexatious litigation. epstein teicher philanthropies related to jeffrey epstein. (Id. According to Counselor to the President Kellyanne Conway, Trump now believes the crimes Epstein was charged with are "completely unconscionable and obviously criminal." Who Is Suspected Pentagon Leaker Jack Teixeira? 11-26-2021. Make your practice more effective and efficient with Casetexts legal research suite. Finally, one place to get all the court documents we need. Epstein Teicher Philanthropies (ETP) is a not-for-profit 501(c)(3) charitable membership corporation organized under the laws of New York. (Id. 72.) (NYSCEF 1, Complaint 60. WebEPSTEIN TEICHER PHILANTHROPIES Address: 666 Fifth Avenue, 14th Floor, New York, NEW YORK 10103 Business Overview EPSTEIN TEICHER PHILANTHROPIES is a business entity registered with New York State Department of State (NYSDOS). The relationship is the subject of an investigation by the UK's Financial Conduct Authority, according to the bank. Cases in this jurisdiction that have subsequently relied on Smithers do not read Smithers as narrowly as defendants. He has also been criticized for frequently taking flights on the taxpayer's dime while serving as the country's special representative for international trade. Lifetime's two-night special Surviving Jeffrey Epstein, which premiered August 9 at 8/7c, investigated the billionaire New York financier who is alleged to have used his connections to the rich and famous to shield his predatory behavior with young girls. (Id. The individual defendants argue that N-PCL 720-a protects them under qualified immunity. Webepstein teicher philanthropies related to jeffrey epsteinhow to apply polygel with forms roadworthy certificate qld checklist June 3, 2022 prince tui teka daughters Milton had two children from a previous marriage, defendant Alan Seth Teicher (Seth) and a daughter, Karen Teicher, who passed away in 1995. Maxwell was ultimately found in New Hampshire, where she was arrested on charges of sex trafficking and perjury in New Hampshire on July 2, 2020. (Id. (N-PCL 112 [a]. Accordingly, Karin and Hal applied for and received Successor Letters Testamentary from the Westchester County Surrogate's Court on July 6, 2020 "to perform all acts requisite to the proper administration and disposition of William A. Epstein's estate." AFFIRMATION/AFFIDAVIT OF SERVICE (Motion #001) Affirmation of Service of OSC Papers, ADDENDUM - COMMERCIAL DIVISION (840C) (Motion #001), RJI -RE: ORDER TO SHOW CAUSE (Motion #001), MEMORANDUM OF LAW IN SUPPORT (Motion #001) Memorandum of Law in Support of Order to Show Cause, EXHIBIT(S) - B (Motion #001) Cover email and Demand Letter, EXHIBIT(S) - A (Motion #001) Verified Complaint, AFFIDAVIT OR AFFIRMATION IN SUPPORT OF PROPOSED OSC/EXPARTE APP (Motion #001) Affirmation of David J. Shapiro, EXHIBIT(S) - B (Motion #001) 10/3/2005 Minutes, EXHIBIT(S) - A (Motion #001) 8/29/2005 Minutes. Although the plaintiff was the wife of the donor, she was permitted standing as the administrator of the estate of the donor of a charitable donation that had been made subject to explicit restrictions." 114-164.) Here's what we know about the famous people who crossed paths with Epstein. Still, Epstein got a job teaching calculus and physics at the Dalton School, an Upper East Side prep school, in 1974. Thus, the court finds that Karin and Hal have sufficiently shown they have standing as co-successor executors to their father's estate to bring their claims. In a statement to Business Insider, a spokesperson for Musk denied Epstein's claims of having served as an adviser to the CEO. . She also labeled them "disgusting," according to a July report from the Associated Press. A spokesperson for Black confirmed that between 2012 and 2017, Black had received "personal trusts and estates planning advice as well as family office philanthropy and investment services from several financial and legal advisors" including Epstein. "It really exposes how the American justice system is broken, and it was really built for power and political gain," Bryant told EW. (Id. application/pdf S. KARIN EPSTEIN, HAL EPSTEIN, and VINCENT MCGEE, Plaintiffs, v. EPSTEIN TEICHER PHILANTHROPIES, ALAN TEICHER, JANE HEFFNER, and ADRIENNE SIMPSON, Defendants. Ct. 2021). The current Directors are Seth, Heffner, and Simpson, the individual defendants. On the contrary, plaintiffs here are not "possible beneficiaries" or "members of a class of possible beneficiaries" of ETP-they have sufficiently alleged that they are the executors of an ETP donor and a member of ETP, as described above. (NYSCEF 55, Successor Letters Testamentary at 2.) According to them, the estate paid "$500,000 to [ETP] in 1990" and ETP accepted the gift the same year. N-PCL 601 states that if the corporation has members, "membership may be effected and evidenced by: (1) Signature on the certificate of incorporation. Jeffrey Epstein. ), Plaintiffs claim that ETP's charitable mission was to support New York City-based institutions and Jewish causes. (See Smithers, 281 A.D.2d 127.) Privacy Policy Siegal also planned a dinner party for Epstein and Prince Andrew at his Upper East Side home. Defendants' MOLs do not mention, for example, failure to state a claim. Additional funding is provided by, The Jeffry M. And Barbara Picower Foundation, and Viewers Like You. N-PCL 720-a requires the court to conduct a two-part analysis. Defendants offer no proof to the contrary: they do not offer documentary proof conclusively controverting McGee's membership status, showing the removal of McGee as a member, or that McGee resigned as a member from ETP. WebBusiness Details of EPSTEIN TEICHER PHILANTHROPIES in New York. ), The court is also unpersuaded by defendants' distinction between an unrestricted gift and an endowment fund insofar as it determines whether plaintiffs have standing or not. Musk and Maxwell were photographed at an Oscars after-party hosted by former Vanity Fair editor Graydon Carter on March 2, 2014, in West Hollywood. Access your favorite topics in a personalized feed while you're on the go. This earned him the nickname "Airmiles Andy," according to the Washington Post. According to plaintiffs, ETP "cut[] back on or eliminating grant making to many New York City-area charities and Jewish causes important to the Epstein Siblings" following Florence's death and the election of Milton and Seth to the board. Full title:S. KARIN EPSTEIN, HAL EPSTEIN, and VINCENT MCGEE, Plaintiffs, v. EPSTEIN.
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