California Web site to pay $950,000 for Beatles piracy

Here’s a story today about a California company that was re-recording Beatles and Radiohead songs while inserting “psycho-acoustic simulation” in the background.  Apparently the defendants thought that their additions rose to the level of original authorship. The District Court found the defense to be “obscure and undefined pseudo-scientific language (that) appears to be a long-winded way of  describing ‘sampling.'”

Read the full story here:  Web site to pay $950,000 for Beatles piracy – South Florida Sun-Sentinel.com.

Courtney Love settles lawsuit over sale of Nirvana publishing Rights

From BBC News.

Kurt Cobain’s widow Courtney Love has settled a dispute with a management company over the proceeds from a sale of rights to her late husband’s songs.London and Co sued Love for $1m (£645,000) two years ago, claiming she owed them money after selling publishing rights to Nirvana’s music.The firm claimed the singer did not share earnings from the sale, which raised almost $20m (£12.9m).

Read more via BBC News – Courtney Love settles over Nirvana songs.

Pink Floyd wins High Court battle to bar EMI selling single downloads from albums

From the Telegraph UK

The band was apparently successful over a challenge on the level of royalties paid by the record company but this part of the judgment was held in secret.

Chancellor Sir Andrew Morritt accepted arguments by the group that EMI was bound by a contract forbidding it to sell its records other than as complete albums without written consent.

READ THE  Pink Floyd win High Court battle to bar EMI selling single downloads from albums – Telegraph.

UK Legal News- Unsigned Contract Enforced due to behavior of the Parties

From OUT-LAW News, 11/03/2010

A deal was governed by a contract despite the two companies involved not actually signing and exchanging copies of it, the Supreme Court has ruled. The contract is in effect because the firms behaved as if it was, it said. Molkerei Alois Müller Müller hired RTS Flexible Systems to provide and install a series of packaging machines in a deal worth about £1.7 million.

The two companies negotiated a complex contract whose schedules covered issues such as limits of liability, testing, prices and payment structures and other details of the deal.The companies agreed that work should begin based only on an outline deal covered by a letter of intent. When that ran out negotiations on the full contract proceeded, concluding on 5th July 2005 with some further amendments to the delivery timetable on 25th August.

READ THE REST OF THE ARTICLE:  Contract was in place because companies behaved as if it was, says Supreme Court | Pinsent Masons LLP.

Accidental Entrepreneurs from- NYTimes.com

by MICKEY MEECE

CALL them accidental entrepreneurs, unintended entrepreneurs or forced entrepreneurs. A year and a half into the Great Recession, with the jobless rate hovering near double digits, corporate refugees like Lisa Marie Grillos of San Francisco are trying to fend for themselves.

via Unemployment Can Lead to Entrepreneurship – NYTimes.com.

Tokyo Broadcasting System vs. ABC’s ‘Wipeout’ in legal battle- From THR, Esq.

TOKYO BROADCASTING SYSTEM SURVIVES FIRST ELIMINATION ROUND IN LAWSUIT AGAINST ABC’S ‘WIPEOUT’

By Eriq Gardner

Japanese-based Tokyo Broadcasting System has successfully navigated the wacky obstacle course of intellectual property law and convinced a California district court to hear claims that ABC and Endemol USA behaved improperly in marketing its hit show, “Wipeout.”

via Tokyo Broadcasting System survives first elimination round in lawsuit against ABC’s ‘Wipeout’–THR, Esq. – Entertainment and Media Law.

Offshore Tax Havens Targeted by the IRS – Voluntary Disclosure Deadline Approaches.

Cayman

by David Wrubel, CPA (from the Miami Beach CPA’s Tax Help Blog)

President Obama promised in his campaign to target wealthy Americans who “do not pay their fair share”  of taxes on the backs of the middle class and working poor.  With the swiftness of Robin Hood, the Obama administration has set out to curb what costs the US Government an estimated $100 Billion in revenue annually. 

There is an upcoming deadline of September 23, 2009 which marks the end of a type of amnesty program on the part of the Internal Revenue Service to have US Taxpayers voluntarily disclose their offshore assets and back taxes owed to avoid criminal prosecution. 

Read the rest of David Wrubel’s Article