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Late tax attorney escapes final levy thanks to 7th Circuit
Death may have been certain for prominent Chicago tax attorney Burton Kanter, who died in 2001. However, following a decision yesterday by the U.S. Court of Appeals for the 7th Circuit, taxes are not.Late Tax Attorney Escapes Final Levy Thanks to 7th Circuit
Death may have been certain for prominent Chicago tax attorney Burton Kanter, who died in 2001, but taxes are not -- following a decision Tuesday by the 7th Circuit. The unanimous opinion directed the U.S. Tax Court to find that the late lawyer did not engage in a fraudulent scheme to avoid taxes, as alleged by the Internal Revenue Service. The ruling in the 23-year-old case will wipe out about $15 million, plus interest, in tax deficiencies and civil penalties that the government claimed Kanter owed.2nd Circuit Took a Look, Cleared the Way for Poet's Book
A federal appeals court vacated an injunction against a compilation of Dorothy Parker poems for alleged copyright violations. Although Penguin Putnam Inc. admitted that it photocopied plaintiff Stuart Y. Silverstein's collection of Parker's poems and rearranged them chronologically for a section of its book, a 2nd Circuit panel ruled that Silverstein's protectable interest was too small to keep Penguin's book off the shelves.Chicago Lateral Market Is Reaching a Fever Pitch
While there are typically some lateral moves early in the year after attorneys get their year-end bonuses, the changes in Chicago this year are at a higher pitch, say attorneys and recruiters, who attribute the exceptional flow to openings of new firm offices in the city, industry merger mania, growth by some firms and the dissolution of smaller ones amid increased competition. "These are some of the best opportunities we've seen in this city in years," says one recruiter.Time for The Am Law 200 to Embrace Testing for Talent?
What law firms can learn from clients when it comes to recruiting and developing their most valuable assets.State AI Legislation Is on the Move in 2024
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