Tax Law

Lionel Messi should blame his tax problems on ‘the accountant of God.’

Being caught for tax evasion seems like a fairly high-class problem to have. Like finding a place to dock your yacht or having gout. Al Capone, of course, is the patron saint of tax fraud. And syphilis. And Geraldo Rivera televised spectaculars. But mostly of tax fraud. And then there’s Wesley Snipes, who is the modern-day tax evader par excellence. In researching this post, I just found out that Snipes was released from prison just this past April. Welcome back Wesley!

So yeah, evading taxes tends to be, like, the sport of Kings. Capone and Snipes. Snipes and Capone. Any way you cut it, you’re in a pretty select group when you don’t pay your taxes. I, myself, have never had the chance to evade taxes as the IRS has never come after me all that hard. One of the perks of being destitute, I suppose. My cramped studio apartment is hot in the summer and cold in the winter and during all four seasons smells like old cheese. The McDonald’s sign outside the window keeps my girlfriend awake at night. But seriously, I could brag like this for at least two thousand words.

What I’m trying to say, I guess, is that the very idea of evading one’s taxes is as foreign to me as the game of soccer, a game in which I share the estimable opinion of the Prince of Soul Glo, Darryl Jenks: that’s a real cute sport.

Which is why it is fantastic that I can explore these two alien worlds concurrently. Let’s talk Lionel Messi. Let’s habla fútbol.

Let’s talk tax evasion. Let’s talk sports…

double red triangle arrows Continue reading “Evading Taxes Like So Many Vampires and Los Blancos Defenders”

* California AG Kamala Harris gets a profile in Vanity Fair. That’s good, I hear she’s the hottest AG in the country. [Law and More]

* If you have an erection that lasts waaaaaaay longer than four hours, file suit. [Delaware Online]

* A New York-area law student wants a tutor to help with the law review write-on competition. For the low, low price of $35/week. Eh. It’s better than contract work in most markets (in case the link breaks I’ve got a screenshot). [Craigslist]

* What the hell, here’s another job listing. Highlights: Unpaid summer associates, fighting for $12/hour positions, with one voted off the island every few days. The new economy is awesome! (Screenshot here.) [Craigslist]

* Patriarch Partners founder and CEO Lynn Tilton, known for saying, “There are three universal lies: Margins are weak, but we’ll make it up in volume; the check’s in the mail; and I won’t come in your mouth,” prevailed in MBIA’s suit against her. [DealBreaker]

* The federal government has made legalized pot difficult for states. Now the burgeoning pot industry is lobbying Congress to change federal laws to make their jobs easier. Come on pols, it’s time to turn your “pro-business” rhetoric to action. [TaxProf Blog]

* Republican master spin doctor Frank Luntz is looking into how the Washington Redskins could save their name. This all grows out of the efforts of George Washington Law Professor John Banzhaf (second link) to push the franchise to change its name by lobbying broadcasting regulators to penalize broadcasters for repeating the slur that passes for a mascot. [PR-Inside]

* Pennsylvania Supreme Court Justice Seamus P. McCaffery is enjoying an FBI probe into the fact that his wife — and chief aide — earned massive referral fees for sending clients to personal injury firms while working for the court and skirting the rules established by the chief justice. Given the amounts involved, I clearly need to get into the referral business. [Philadelphia Inquirer]

* I’ve given Texas a hard time over the last week, but the Texas Court of Appeals for the First District did a little to redeem themselves with this opinion citing legal luminaries Patsy Cline and Daft Punk. Full opinion after the jump. Relevant cites on Texas Courts. Check it out…

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* The first rule of Insider Trading Club is, you do not send discoverable e-mails about Insider Trading Club. [Dealbreaker]

* Arnold & Porter staged a mock Olympics last time around. Now we’re just waiting for the other shoe to drop and we learn that the antitrust group was doping. [Washington Post]

* Georgetown Law student Bindhu Parmathi crowned Miss District of Columbia! She will go on this September to participate in the Miss America pageant (aka “The pageant that Donald Trump doesn’t own). [The Examiner]

* To recap: TSA took the stance that knives should be allowed on planes, but balked at fictional Jedi weapons. Yay America! [Lowering the Bar]

* Illinois passes some of the strictest fracking regulations in the country. That’s a reference to hydraulic fracturing. Not just dropping Battlestar Galactica references. [Breaking Energy]

* Indiana thinks it can discipline lawyers for criticizing a judge via private email. I would say that’s an insane misreading of the law, but I don’t want to get disciplined in Indiana, which sounds like the terrible prequel to Fifty Shades of Grey (affiliate link). [The Indiana Lawyer]

* Five businessmen take off their pants to protest taxes. This is a bad precedent. I don’t want to see any of these Tea Party folks take off their pants. [TaxProf Blog]

* Congrats to ATL reader Alicia Long, as well as co-author Jayne Jones, on publishing their new book Capitol Hell. [Amazon (affiliate links)]

* The Judge Edith Jones incident should raise the national concern to improve diversity on the bench. But it won’t. [Judicial Clerk Review]

* More follow-up on CBS’s improper campaign ad totally objective news documentary “Brooklyn D.A.” [New York Daily News]

* If fans in the front row of your concert start holding out papers for you to grab, DON’T DO IT! Unless you want to get sued. Video after the jump, courtesy of Gawker

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Tax Men?

* Oh, and by the way, it’s not just Verizon that the NSA is spying on. It’s every major phone and internet provider, too. They must see an amazing amount of foreign pornography on video chat. [Guardian]

* The IRS is under siege over its conservative targeting scandal, and now a training video parodying Mad Men has surfaced with a focus on “customer service.” How incredibly ironic. [DealBook / New York Times]

* Francine Griesing, the woman who sued Greenberg Traurig for $200M over the firm’s so-called “boys’ club” (and later quietly settled), has tips for women who want to succeed in the law. [Am Law Daily]

* This ruling has to do with collecting fees following a law school clinic victory, but the key takeaway is that law students’ “time and effort still has monetary value.” Hear that, ABA? [National Law Journal]

* Rutgers Law-Camden is trying to recover from “an existential threat” after its class size unexpectedly dropped by more than 50 percent. But… that’s a good thing these days. [Philadelphia Business Journal]

* A judge dismissed Pennsylvania Governor Tom Corbett’s lawsuit against the NCAA for “fail[ing] to advance the ball.” How kind of her to entertain us with some football references. [Legal Intelligencer]

* The new meme sweeping the Intertubes is “Old Economy Steve.” While not strictly law-related, it is a fitting meme for trolling recent law school grads entering the market. [The Atlantic]

* After talking about the Atlanta battle of the (legal) bands, we learned that San Francisco is also getting into the act. [Law Rocks]

* Speculating on George Washington’s approach to drone strikes. [Washington Times]

* A look at how regulatory and tax policy changes affect the value of energy companies. [Breaking Energy]

* E. Gordon Gee, Columbia Law ’71 and President of THE Ohio State University got in a little trouble for saying, “You tell the SEC when they can learn to read and write, then they can figure out what we’re doing.” So another guy gets in trouble for being honest. Gee also said that you can’t trust Catholic priests, which segues nicely into the next item. [Yahoo! Sports]

* The Catholic Church’s top exorcist claims to have performed 160,000 exorcisms. After the jump, Professor Mark Kightlinger from the University of Kentucky College of Law eviscerates this claim with “math.”

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Well, Bausch and Lomb is finally being sold. Oh, there will be some time between now and the closing, but yesterday’s announcement of 800 million dollars in cost cutting would make any in-house attorney nervous.

The cuts are to come largely from the front office and management, all places where lawyers are part of the organization. I know several good people who face a period of real uncertainty as Valeant performs assessment after assessment of where cuts can be made, and then begins to swing the axe.

My town of Rochester has seen more than its fair share of decline in the last decade. Eastman Kodak is a shell of its former self, and now B&L is going to be owned by a Canadian concern; at least, if true to Canadian tradition, they’ll be “nice” about the cuts, right?

double red triangle arrows Continue reading “House Rules: The Deepest Cut…”

Jodi Arias

* “Journalists should not be at legal risk for doing their jobs.” Thanks Obama, but AG Eric Holder was the one who kind of signed off on the James Rosen search warrant. [Open Channel / NBC News]

* The chief judge of the D.C. Circuit apologized for a lack of transparency in the James Rosen probe, and this is one of the least embarrassing things that happened this week. [Washington Post]

* Despite having “done nothing wrong,” embattled tax official Lois Lerner announced she’s been placed on administrative leave in light of recent events. I salute you, fellow WNE grad. [National Review]

* Watch out, patent trolls, because this proposed bill might actually be — gasp! — helpful. If enacted, the Patent Abuse Reduction Act’s goal is to help keep discovery costs down. [Hillicon Valley / The Hill]

* It’s a hell of a drug: for some lawyers, the sequester won’t be such a bad thing after all, because Coast Guard and Navy forces won’t be available to intercept 38 tons of cocaine. [Breaking Defense]

* Proskauer Rose’s ex-CFO, Elly Rosenthal, has cut down her $10 million suit against the firm to just one allegation. She claims the firm fired her solely for her diagnosis of breast cancer. [Am Law Daily]

* A third perpetrator emerged in the Berkeley bird beheading case, and he was just sentenced to two days in jail. Can you listen to BARBRI in a jail cell? I guess Hazhir Kargaran will find out. [San Francisco Chronicle]

* The Boy Scouts of America will now admit openly gay youths into their ranks for the first time in the history of ever. You should probably “be prepared” for a flurry of litigation over this. [New York Times]

* A mistrial was declared in the penalty phase of the Jodi Arias murder trial. Ugh, come on with this, the Lifetime movie is already in post-production! How on earth are they going to work this in? [CNN]

* Online gambling wants to come back to the U.S. after the government cracked down last year. Anybody want odds on whether this works? [Wall Street Journal]

* In news that only affects those who want to dress like whores, Abercrombie & Fitch and Hollister may systematically mistreat the disabled. [Fox News]

* Post-disaster price gouging is sad, but inevitable. Oklahoma’s Attorney General E. Scott Pruitt is having none of it. [The National Law Journal]

* Obama will address drone policy and Gitmo in a security speech today because, after the last couple weeks of scandal, he’s hoping to introduce fodder for another round of withering criticism. [Huffington Post]

* The Daily Caller is all over the idea that Michelle Obama may have dated the Inspector General of the IRS at Harvard Law. Which proves… actually, I have no idea if the Daily Caller even knows why this might be significant. [Daily Caller]

* U.S. and Chinese law schools are collaborating more. American law schools are really desperate to open themselves to more students, aren’t they? [China Daily]

* The Jodi Arias jury may not be able to make a decision on sentencing. If you cared about this story at all, you’ve already heard Nancy Grace’s opinion. [NBC News]

* Elie argues with folks about Greece v. Galloway and legislative prayer. Video after the jump…

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Jodi Arias

* A bipartisan immigration reform bill made its way through the Senate Judiciary Committee and will head to the Senate floor. Of course, the amendments in support of gay marriage didn’t make it in, but that may be moot soon anyway. [CNN]

* IRS official Lois Lerner may not be very “good at math,” but at least she seems to know the basic principles of constitutional law. She’ll invoke her Fifth Amendment rights before the House Oversight Committee today. [Politico]

* The D.C. Circuit ruled that the top secret Osama bin Laden death photos will remain top secret, but the internet’s desperate cries of “pics or it didn’t happen” will live on in our hearts. [Thomson Reuters News & Insight]

* Attention naysayers: it may be time to face the music. According to the latest Altman Weil survey, most law firm leaders think all of these fun recession-driven changes are here to stay. [Am Law Daily]

* Twenty-two law firms are banding together to fight against fraudulent financial products on a worldwide scale. It’s too bad this legal alliance didn’t exist before the Bernie Madoff scandal. [New York Times]

* It looks like New Jersey may soon be hopping aboard the “pro bono work before bar admission” train. You better hope you get your clinic placements in order, people. [New Jersey Law Journal (sub. req.)]

* The results for the February 2013 bar exam in California are out, and they’re frightening. It’s time to try that acting thing again, because only 41 percent of all test takers passed the exam. [The Recorder]

* Jodi Arias is now begging jurors to allow her to live out the rest of her days in prison. She wants to contribute to society by painting, recycling, and… not slashing additional throats. Lovely. [Fox News]

A fireable offense in the UK?

* Our thoughts and prayers go out to the people of Oklahoma. [CNN]

* The IRS and the Treasury Department better watch out, because it seems that the “next logical step” for the tea party victims of heightened scrutiny leads right up the courthouse stairs. [ABC News]

* #Whatshouldwecallme after advising on the $1.1 billion Yahoo/Tumblr deal? Kind of a big deal. The Biglaw firms doing the underlying legal work are Simpson Thatcher and Gunderson Dettmer. [Am Law Daily]

* The Mirena MDL judge thinks female attorneys should be on the all-male executive committee. If this is “strategic gender placement,” the strategy is to look bad publicly. [Thomson Reuters News & Insight]

* The Travers Smith trainee who was fired for getting pregnant is due in court this June to find out what type of compensation she’ll receive for being discriminated against by the firm. You go girl! [Daily Mail]

* Wherein the parents of a 0L who’s got doubts about her employment prospects are counseled that she can “work not just in law.” ::facepalm:: [Law Admissions Lowdown / U.S. News & World Report]

* There’s trouble in paradise: lawyers in the Jodi Arias case unsuccessfully attempted to get a mistrial and withdraw from representation — for the second time — during its punishment phase. [Fox News]

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