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Long Aldridge Merges; Blackstock Leaves PoGo
Julia D. [email protected] Highlights for the city's law firms in 2002 included a big merger and name change for Long Aldridge Norman. And while the usual array of lawyers switched firms in 2002, one move stood above the rest: veteran litigator Jerry B. Blackstock left Powell, Goldstein, Frazer Murphy.Long Aldridge merged with Washington-based McKenna Cuneo, creating a 376-lawyer firm with eight offices.The full case caption appears at the end of this opinion. OPINION NATHANIEL R. JONES, Circuit Judge. Petitioner, the National Labor Relations Board ("NLRB" or "the Boar
Minimizing Tax on IP Litigation Proceeds
Many taxpayers and their intellectual property attorneys fail to consider the tax treatment of proceeds from litigation involving intellectual property. As a result, they may treat proceeds from IP-related litigation as ordinary income rather than capital income. Legal authority supports characterizing such proceeds as capital income, which clearly benefits S-corporations, partnership taxpayers and C-corporations that can utilize capital income.The full case caption appears at the end of this opinion. OPINIONALICE M. BATCHELDER, Circuit Judge. These two interlocutory appeals arise out of a single case, and we h
Big Cheese Fired for Ravenous Appetite
When Timothy J. Jeffrey left Florida's American Huts Inc., owner of 102 Pizza Huts in the U.S., he didn't do so quietly. After he was fired in December as president of AHI, Jeffrey barricaded himself in his office. The next day, AHI sued, claiming Jeffrey siphoned off at least $1.4 million in cash and unauthorized loan guarantees. The company is suing again, claiming that three weeks before he was fired, Jeffrey wrote a $200,000 corporate check to buy memberships for himself and his wife at a golf club.Attorney Ineligibility Order Pursuant to Rule 1:28-2(a)
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