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TLS, one page, 8.25 x 11.75, MPL (McCartney Productions Limited) letterhead, June 17, 1975. Letter to the British merchant bank N. M. Rothschild & Sons Ltd., in full: “I refer to the copy of a letter dated 9th May 1972 addressed to you by the Bank of England in which permission was given for me to maintain a US Dollar Account with my New York lawyers, Messrs Eastman and Eastman. In this connection I write to confirm that the terms and conditions of this letter of authority have been strictly complied with during the period from 1st June 1974 to 8th January 1975 when the account was closed.” In fine condition, with light handling wear, and staple holes to the upper left corner.
A notable letter confirming the January 8, 1975, closure of a U.S. dollar account McCartney maintained with his New York lawyers, Eastman and Eastman, the firm of his father-in-law, Lee Eastman, and brother-in-law, John Eastman. That date fell just one day before the Beatles' business partnership, The Beatles & Co., was formally dissolved at a private hearing in London's High Court on January 9, 1975, bringing to a close more than four years of litigation that McCartney had initiated in December 1970. Central to that dispute was McCartney's opposition to business manager Allen Klein and his preference that the Eastmans instead handle the group's affairs, the same firm named in this letter. Written some five months later, this letter to N. M. Rothschild & Sons reflects McCartney's transition from the Beatles' financial affairs to his newly independent career under the banner of MPL (McCartney Productions Limited), the company he established following the group's breakup.
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