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Search resuls for: "Levitin"


6 mentions found


☆ Special monitor suggests Trump falsified disclosures over $48 million loan in what could be tax evasion, report says
  + stars: | 2024-01-28 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com   time to read: +5 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Jones and Trump Organization attorney Alan Garten did not immediately respond to requests for comment from Business Insider. A 'pretty brazen' plotGarten told The Daily Beast an "internal loan" wherein Trump "leant money to the entity that he owns" does exist. "It would appear, assuming Judge Jones' letter is accurate, that this amounts to tax evasion," Martin Lobel, a tax lawyer, told The Daily Beast. So, instead of paying income taxes of up to 39% on the forgiven debt, the outlet reported, Trump "invented a loan — and then parked it."
Persons: —, Barbara Jones, Donald Trump's, Arthur Engoron, Jones, Trump's, Trump, Donald J, Alan Garten, Garten, Judge Jones, Martin Lobel, Mother Jones, Adam Levitin, didn't, Jordan Organizations: Service, Daily, Business, Manhattan, Trump Organization, Chicago, Government, New York Times, Georgetown University, Citizens Locations: York, Washington
☆ Why You Love (or Love to Hate) Christmas Music
  + stars: | 2023-11-24 | by ( Derrick Bryson Taylor | More About Derrick Bryson Taylor | ) www.nytimes.com   time to read: +1 min
“There are a lot of people who, when Christmas time comes around, they just want to run home and put their head under the covers and wait it all out,” Mr. Levitin said. Christmas music, like all forms of music, is powerful. But this genre is perhaps more potent than other forms of music because the holiday season itself is emotionally charged. “For some of us, that’s an inspiring message,” Mr. Levitin said. Then, stories of Jesus were woven into carols, which were still sung in communal settings, even across class divides.
Persons: ” Mr, Levitin, that’s, Mr, “, Alisa Clapp, Jesus ’, Jesus, ”, Clapp, Itnyre Organizations: Indiana University East, Salvation Army
☆ Coinbase CEO believes SEC lawsuit will benefit crypto industry
  + stars: | 2023-06-08 | by ( Matt Egan | ) edition.cnn.com   time to read: +5 min
New York CNN —Coinbase CEO Brian Armstrong is confident his battle with federal regulators will benefit the crypto industry, no matter how the judge rules. “Regardless of the outcome of the case, it’s a step towards clarity.”The Securities and Exchange Commission dealt another blow to the crypto industry on Tuesday by suing Coinbase, America’s largest crypto exchange. The SEC alleges Coinbase made billions of dollars facilitating the sale of crypto assets as an unregistered exchange, robbing investors of key protections along the way. ‘Icy reception’Armstrong questioned the timing of SEC Chairman Gary Gensler’s decision to file a lawsuit against his company just 24 hours after the agency accused Binance, the world’s largest crypto exchange, of mishandling customer funds. “They allowed us to become a public company,” Armstrong said.
Persons: Brian Armstrong, isn’t, ” Armstrong, Coinbase, Armstrong, “, Gary Gensler’s, Binance, “ He’s, Gensler, ”, I’ve, ‘, ‘ I’m, ’ ” Armstrong, ’, Gurbir Grewal, ” Coinbase, San, Coinbase wouldn’t, We’re, Adam Levitin Organizations: New, New York CNN, CNN, Securities, Exchange Commission, SEC, Enforcement, “, SEC —, Georgetown Law Locations: New York, Washington, SEC’s, “ Europe, Singapore, Hong Kong, San Francisco
☆ Crypto meltdown a boon for bankruptcy lawyers
  + stars: | 2022-12-02 | by ( Andrew Goudsward | ) www.reuters.com   time to read: +5 min
“You’ve got to pay the gravedigger,” said Adam Levitin, a law professor at Georgetown University who specializes in bankruptcy law. Law firm billing rates are normally not public, but in bankruptcy cases lawyers for the debtor company must detail their billings and request a judge's approval for their fees. The lawyers are paid from the assets of a bankruptcy estate, and experts said judges rarely demand significant reductions in professional fees. Lawyers in the crypto cases must deal with a host of issues new to bankruptcy law, including whether digital assets deposited on a platform are owned by the customer or the platform itself, according to bankruptcy law experts. Levitin, a former member of the restructuring department at law firm Weil, Gotshal, & Manges, said such complex questions call for top-shelf lawyers.
☆ Death of Irene Cara, 'Fame' movie star and singer, evoked the loss of my youth
  + stars: | 2022-11-28 | by ( Diane Forman | ) www.nbcnews.com   time to read: +6 min
I was heartbroken when I learned that Irene Cara, who starred in the 1980 movie “Fame,” died over the weekend at age 63. Many people seem to like listening to sad music, in part because it’s a stronger trigger for nostalgia than sadness. I always felt like Cara was singing right to me, that she had a window into my emotional experience, which made me feel less alone. I’ve seen the original version of “Fame” a dozen times, always mesmerized by the character Coco, played by Cara. All of which might explain my strong reaction to hearing of Cara’s death even though she was a complete stranger.
☆ Sam Bankman-Fried tries to broker FTX bailout from his home in the Bahamas, despite being booted from the crypto company
  + stars: | 2022-11-21 | by ( Kate Rooney | ) www.cnbc.com   time to read: +3 min
NASSAU, Bahamas — Despite being pushed out of the cryptocurrency giant he founded, Sam Bankman-Fried told CNBC he is trying to lock down a multibillion-dollar deal to bail out FTX, which filed for Chapter 11 bankruptcy protection earlier this month. I hate what happened and deeply wish that I had been more careful," Bankman-Fried told CNBC. Despite losing access to his corporate email and all company systems, Bankman-Fried maintains that he can play a role in the next steps. Venture capital investors have told CNBC the 30-year-old had been calling to try and secure funding in recent weeks. On Saturday, Ray said the crypto company is looking to sell or restructure its global empire.
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