Legal Matters in the News

Mon, Apr 8, 2013

Bankruptcy, General Legal Issues

Image: Some rights reserved by christopherharteCelebrity Tax Matters

Wesley Snipes was released from jail on April 2nd and will be under house arrest until mid-July, according to various news reports. He was serving time in a federal prison in Pennsylvania after being convicted of failing to file tax returns for three separate years.

Actor Stephen Baldwin was also recently in the news for tax problems. He recently pleaded guilty to not paying taxes for three years. He is supposedly working a deal to pay back the money he owes.

Woman’s Day magazine has an interesting article about other celebrities who have made the news for tax invasion.

 

Casey Anthony

Casey Anthony is in the news again. This time, it is for a bankruptcy case. And, she is filing it in our back yard—at the federal court in Tampa, Florida.

The Orlando Sentinel has a whole section of their site devoted to all of the Casey Anthony cases. Here are some highlights.

The Orlando Sentinel states the following about the Casey Anthony case: Anthony filed bankruptcy in January, listing more than $792,000 in debt. Her largest creditor is her criminal attorney Jose Baez, whom she owes $500,000, according to her paperwork. She declared less than $1,100 in assets.” It goes on to assert that she has been unemployed since the end of her trial. Most of us have heard about how she is living off the generosity of friends and family from the news.

CNN lists her assets as the following:

– Cash on hand: $474

– Furniture and laptop: $200

– Jewelry: $200

– Clothing and accessories: $100

According to the Orlando Sentinel (a ways back), the trustee thought it was a good course of action to pay off her creditors.In a new filing, Allan Watkins, an attorney for bankruptcy trustee Stephen L. Meininger, asks U.S. Bankruptcy Judge K. Rodney May for permission to sell “the exclusive worldwide rights in perpetuity to the commercialization of Anthony’s life story” including her daughter’s death and her high-profile murder trial.”  The most current news is that Casey Anthony allegedly objects to selling her life story as a way to pay back her creditors. Her lawyers have been quoted as saying that it would violate her rights.  There was then an offer on the table for $10,000 from someone who would pay her not to sell her story. We will have to see how this unfolds.

Next up for Casey Anthony is a civil defamation hearing filed by Zenaida Fernandez-Gonzalez. You might recall Anthony mentioned her name during the trial as someone she had left her daughter with. Ms. Fernandez-Gonzales filed the defamation suit saying her reputation was allegedly damaged by Casey Anthony.

Bankruptcies

Our blog has an entry from 2012 about celebrity bankruptcies and foreclosures that you can find here.

Attorney Christopher D. Smith is an attorney with SmithLaw Attorneys in Lakewood Ranch, Florida. He offers free consultations on various cases. Call 941 907-4774 to learn more.

Image: Some rights reserved by christopherharte

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