EFTA01297595.txt Text dataset_10 View on DOJ

This document contains the Certificate of Existence, Articles of Organization, Operating Agreement, and Trust Agreement for Prytanee, LLC, a Virgin Islands limited liability company focused on acquiring and managing artwork. The company's members are Southern Trust Company, Inc. and The Pierre Trust, with Etienne Binant as the manager. The inclusion of Jeffrey Epstein's death as a trigger for dissolution raises potential concerns.

Subject

Prytanee, LLC - Certificate of Existence, Articles of Organization, Operating Agreement, Trust Agreement

Sender

—

Recipients

—

Document ID

Corp No. 586644

Date

2016-11-21

Severity

suspicious

Description

The document itself does not contain clear evidence of illegal activity. However, the presence of Jeffrey Epstein's name in the dissolution clause raises suspicion, given his history. Further investigation would be needed to determine if the company was involved in any illegal activities.

Content Type

first_hand

Likelihood

possible

Description

The dissolution clause including the death of Jeffrey E. Epstein could be interpreted as a form of leverage or control, although it's not explicitly blackmail. The strong control exerted by STC and its legal counsel could also be a potential indicator.

The purpose for which the Company is organized is to engage in any and all lawful business for which a limited liability company may be organized under the Uniform Limited Liability Company Act and the other laws of the US. Virgin Islands.

The Company has been organized to engage in the acquisition, ownership and management for investment purposes of Artwork selected from time to time by the Manager, subject to the provisions of Section 5,2 hereof and the other provisions of this Agreement; provided, however, that the Company shall not at any given time invest in the aggregate amounts in excess of One Hundred Thousand Dollars (5100,000.00) on Artwork created by any single artist

The Company shall be dissolved upon the earliest to occur of: (a) The expiration of 10 years after the date of this Agreement; (b) The death of Caroline Sophie Camille Lang; (c) The death of Jeffrey E. Epstein; (d) The Consent of the Members; or (e) The determination by STC to dissolve the Company following the removal of Etienne Binant as Manager of the Company, or following a Member voting deadlock with respect to a Company decision or action requiring the Consent of the Members, including, without limitation, a voting deadlock regarding a decision to dissolve the Company pursuant to Section 10.1(d) hereof.

• The dissolution clause includes the death of Jeffrey E. Epstein as a trigger, suggesting a significant connection to the company.
• The operating agreement includes a clause that the company will not invest more than $100,000 in artwork created by any single artist, which could be a way to avoid scrutiny or to diversify investments.
• The operating agreement requires the consent of STC's legal counsel, Darren K. Indyke, for certain matters, indicating a strong level of control by STC.

Context

The existence of a company with ties to Jeffrey Epstein would likely be of interest to the media, especially given the ongoing investigations into his activities.

Media Worthy

Yes

Business dealingsLegal matters/litigationFinancial transactions/money flowReal estate/properties

Osbert E. PotterBrett GearyEtienne BinantCaroline Sophie Camille LangDarren K. IndykeRichard KahnPatrick Andre Jules Aurel BernardJeffrey E. Epstein

Prytanee, LLCGovernment of the Virgin IslandsSouthern Trust Company, Inc.The Pierre TrustBusiness Basics VI, LLCHBRK AssociatesInternal Revenue Service

Virgin Islands of the United StatesCharlotte Amalie, St Thomas, VIRoyal Palms Professional Building, 62-3A & 62-38 Estate Thomas, Suite 101, St. Thomas, Virgin Islands 00802Royal Palms Professional Building, 9053 Estate Thomas, Suite 102, St. Thomas, Virgin Islands 0080260 Avenue Montaigne, 75008, Paris, France575 Lexington Avenue, 4° Floor, New York, New York 100226100 Red Hook Quarter, 83 St. Thomas, USVI 008023 rue du Vieux Colombier 75006 PARIS, France

Southern Trust Company, Inc.

Tone

Formal, legal

Purpose

To establish and govern the operations of Prytanee, LLC, a limited liability company focused on acquiring and managing artwork.

Significance

This document outlines the legal structure, management, and financial arrangements of Prytanee, LLC, including its members, manager, and operating procedures. It also includes the trust agreement for one of the members, The Pierre Trust.

File Name

EFTA01297595.txt

Dataset

dataset_10

Type

Text

Model

gemini-2.0-flash-001

Processed

2026-02-07T18:43:30.440523

DOJ Source

View on DOJ