{
  "schema": "gah.source-manifest.v1",
  "slug": "truesec-il-energy-twin-spvs-2013",
  "title": "Twin Delaware Vehicles, Different First Deals: TrueSec and IL Energy in 2013",
  "published": "2026-09-30",
  "scope": "Legal-document comparison of TrueSec Investments LLC and IL Energy LLC, their common ownership/manager architecture, distinct approved transactions, and the absence of documented legal succession from the earlier CSIC concept.",
  "sources": [
    {
      "id": "TRUESEC-OA",
      "class": "PRIMARY_PRIVATE_LLC_AGREEMENT",
      "record": "ZURDMS-#387097-v1-GMF_TrueSec_Investments_LLC_-_Operating_Agreement.pdf",
      "url": "/barak/search?q=TrueSec%20Investments",
      "sha256": "5114e9853d7473f1b52ddf4e1f354ae43f6dbd06158873a57339296a74a7948d",
      "supports": "Delaware formation; broad lawful-business purpose; Hyperion manager; GMF Capital AG and Ehud Barak at 50% each; $50K initial contribution each; contemplated additional $385K Class A contribution.",
      "limit": "Structure does not prove transaction settlement or CSIC succession."
    },
    {
      "id": "TRUESEC-GUARDICORE",
      "class": "PRIMARY_UNANIMOUS_CONSENT",
      "record": "ZURDMS-#386639-v1-TrS_Approval_of_Investment_1.pdf",
      "url": "/barak/search?q=Guardicore",
      "sha256": "26ca833460aa06855b1d9fc8a2029ce21a6ae9e432b388a5ff5155fe9ab03b06",
      "supports": "TrueSec members approve investment into Guardicore Ltd. under draft Series A Preferred Share Purchase Agreement and authorize manager to execute/perform.",
      "limit": "Corporate authorization, not independent bank-settlement proof."
    },
    {
      "id": "ILENERGY-OA",
      "class": "PRIMARY_PRIVATE_LLC_AGREEMENT",
      "record": "ZURDMS-#386902-v3-GMF_IL_Energy_LLC_-_Operating_Agreement.pdf",
      "url": "/barak/search?q=IL%20Energy",
      "sha256": "7c15230999b7f3289b4115223afe4604c72c4a63380d5269ed166cd025a974f4",
      "supports": "Parallel Delaware formation; same broad purpose, Hyperion manager, 50/50 GMF/Barak ownership and $50K initial contributions.",
      "limit": "Structural similarity does not make IL Energy and TrueSec the same entity or business."
    },
    {
      "id": "ILENERGY-MOU",
      "class": "PRIMARY_UNANIMOUS_CONSENT",
      "record": "ZURDMS-#387094-v1-ILE_Approval_of_MoU.pdf",
      "url": "/barak/search?q=IL%20Energy",
      "sha256": "f86ec2d707c68da1b2438e9a07546ca4ea13ecc790363f3ee3aaac67bbe0413a",
      "supports": "Operative body identifies IL Energy LLC and approves MOU for natural-gas-powered power stations; heading retains TrueSec name.",
      "limit": "Template-heading inconsistency is not proof of legal identity; consent does not prove project closing/funding."
    },
    {
      "id": "RUN13",
      "class": "GAH_CORPUS_RECONSTRUCTION",
      "record": "GAH_BRIDGE_RUN13_CSIC_TRUESEC_MASTER.md",
      "supports": "Chronology and negative search around CSIC concept, TrueSec/IL Energy formation package and lack of documented legal succession.",
      "limit": "Archive-created synthesis; CSIC claims should remain attributed to the workpaper unless the underlying email wrapper is re-recovered."
    }
  ],
  "open_questions": [
    "Whether independent bank-settlement evidence for the Guardicore investment can be recovered.",
    "Whether an executed IL Energy MOU or project-funding record survives.",
    "Whether signed/final operating-agreement signature pages exist beyond the recovered legal package.",
    "Whether any contemporaneous document explicitly describes the intended relationship, if any, between CSIC and TrueSec."
  ],
  "not_established": [
    "That TrueSec Investments LLC was the legal successor to CSIC.",
    "That TrueSec and IL Energy were the same legal entity.",
    "That the IL Energy consent's TrueSec heading proves merger or common assets.",
    "Guardicore cash settlement solely from the corporate approval.",
    "Closing or funding of the IL Energy power-station project.",
    "Misconduct arising from parallel SPV formation or template reuse."
  ]
}