[COFF] More LCM fallout

[Chris Hanson]

I believe the LCM was always a distinct legal entity—regardless of the *ownership of* that legal entity—which would make it a distinct asset separate from his other assets. Similarly, his collection could be one asset, or it could be a large variety of assets, depending on how (and whether) he structured such things.

  -- Chris

> On Jul 28, 2024, at 11:04 AM, Aron Insinga <aki at insinga.com> wrote:
> 
> How is the LCM not part of his personal collection?  It's part of his estate.  IIUC he had not created and transferred it to another legal entity.  (I wish he had, but....)
> 
> 
> On 7/27/24 17:18, Chris Hanson wrote:
>> On Jul 13, 2024, at 6:17 AM, Noel Chiappa <jnc at mercury.lcs.mit.edu> wrote:
>>> I wonder what will happen to all such material at the LCM. Anyone know?
>> Having talked to some folks close to this, my understanding is that what’s being auctioned off are pieces from Paul Allen’s *personal* collection, some (or all?) of which were *on loan* to the LCM.
>> 
>> My understanding is that the LCM’s own collection is *not* being auctioned off, but is instead part of the package for whoever acquires the museum as a whole.
>> 
>>   -- Chris
>> 
>