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Detailed text transcripts for TV channel - CNN - 20180316:00:46:00

L.l.c. the l.l.c. was created to enter into this agreement. there was a quid pro quo. consideration on both sides, and now she s going to break that agreement, sn agreement, okay? pardon me. i m not a lawyer. i don t understand. if he s entering into this agreement for this llc, why have david denison on there at all. if david denison is not involved in this llc, and clearly he is involved some way. he s representing the llc and david denison and that s ethically a problem, isn t it? no, he s a third party beneficiary to this deal. so somebody can make a contract for me, in my name without informing me? if there s a logical third party beneficiary. and by the way so my agent, my tv agent, who

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Detailed text transcripts for TV channel - CNN - 20180316:00:44:00

Schwartz, and jeffrey toobin. i want to ask you a couple of things. would it be, michael cohen says he did this all on his own. he entered into an agreement through the llc that he set up. apparently for donald trump under the name david denison for a financial contract. isn t is unethical for michael cohen to enter into an agreement on behalf of david denison without actually informing president trump? let s get to the agreement itself. the agreement is between stormy and ec l.l.c. and david denison. and it says and/or. that s a key or.

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Detailed text transcripts for TV channel - CNN - 20180316:00:45:00

He was representing the llc. it was a valid agreement. and donald trump why have david denison s name in there at all? because it s third party beneficiary that nobody s talking about. there could be a third party beneficiary to every contract. so michael cohen was act beiing the best interest of his client. doesn t he have to tell the third party, his beneficiary that he s entering into an agreement for their benefit? he doesn t have to. because he s inside counsel. he was general counsel to that organization. so he could enter so you re saying, but wait, right, but you re saying he s general counsel for the trump organization, so he s therefore representing donald trump. well, he was representing ec,

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