Friday, May 3, 2013

KL Reviews Evidence Of Theft, Concealment, Etc. Re. Leonard Cohen With The IRS, FBI, DOJ, Treasury, FTB, Dennis Riordan, & Her Attorney


From: Kelley Lynch <kelley.lynch.2010@gmail.com>
Date: Fri, May 3, 2013 at 12:21 PM
Subject: Re: Kelley Lynch Ownership Interest In Blue Mist Touring
To: Dennis <Dennis@riordan-horgan.com>, "*irs. commissioner" <*IRS.Commissioner@irs.gov>, Washington Field <washington.field@ic.fbi.gov>, "Kelly.Sopko" <Kelly.Sopko@tigta.treas.gov>, ASKDOJ <ASKDOJ@usdoj.gov>, "Doug.Davis" <Doug.Davis@ftb.ca.gov>


To the IRS Commissioner's Staff,
Greg McBowman, Don Friedman, Richard Westin, Sony, and others, understood very well that I own 15% of BMT and the assigned assets.  Cohen has concealed this evidence.  My attorney and I are now reviewing it.

All the best,
Kelley

Greg McBowman fax to Richard Westin  cc:  KL and Don Friedman/Grubman Firm dated October 10, 2000.

Re:  Leonard Cohen/Sale of Blue Mist

We are at the point where we must understand your best estimate of what portion of the sale price will be ordinary income and the balance which will be subject to capital gain treatment.  I have tried to estimate the net amounts payable to both Kelley and Leonard so we focus on the negotiation strategy with Sony Music.


                            LC Share        KL Share

Sale of Blue Mist        $8,000,000.

Less Estimated Expenses            25,000.

Net Amount:            $7,175,000.        $6,098.750.        $1,076,250.

Ordinary Income for
New Album            $1,500,000.        $1,275,000.        $  225,000.           
Long Term Cap Gain        $5,675,000.        $4,823,750        $  851,250.

Can you advise the amount you estimate would be a long-term capital gain so Don Friedman and I can determine how to proceed with Sony Music on the sale of Blue Mist?  Would it make a difference if only certain assets were included in the corporation for the stock sale to Sony?