From: Kelley Lynch <kelley.lynch.2010@gmail.com>
Date: Tue, Sep 30, 2014 at 9:49 AM
Subject: Leonard Cohen - Various Corporate & Tax Matters
To: Jeffrey Korn <jeffkornlaw@live.com>, "irs.commissioner" <irs.commissioner@irs.gov>, Washington Field <washington.field@ic.fbi.gov>, ASKDOJ <ASKDOJ@usdoj.gov>, MollyHale <MollyHale@ucia.gov>, nsapao <nsapao@nsa.gov>, fsb <fsb@fsb.ru>, "Doug.Davis" <Doug.Davis@ftb.ca.gov>, Dennis <Dennis@riordan-horgan.com>, rbyucaipa <rbyucaipa@yahoo.com>, khuvane <khuvane@caa.com>, blourd <blourd@caa.com>, Robert MacMillan <robert.macmillan@gmail.com>, moseszzz <moseszzz@mztv.com>, a <anderson.cooper@cnn.com>, wennermedia <wennermedia@gmail.com>, "Hoffman, Rand" <rand.hoffman@umusic.com>, Mick Brown <mick.brown@telegraph.co.uk>, woodwardb <woodwardb@washpost.com>, "glenn.greenwald" <glenn.greenwald@firstlook.org>, lrohter <lrohter@nytimes.com>, Harriet Ryan <harriet.ryan@latimes.com>, "hailey.branson" <hailey.branson@latimes.com>, "stan.garnett" <stan.garnett@gmail.com>, rwest0@gmx.com, sedelman <sedelman@gibsondunn.com>, JFeuer <JFeuer@gibsondunn.com>, "kevin.prins" <kevin.prins@ryan.com>, Feedback <feedback@calbar.ca.gov>
Jeffrey,
I am attempting to address very serious and legitimate corporate matters. I would like to refer you to the Traditional Holdings, LLC tax returns and K-1s. Those were prepared by Leonard Cohen's personal tax lawyer, Richard Westin. Robert Kory raised the issue having to do with phantom income shifted to me but not distributed. Westin also prepared the corporate books and records and maintained them. According to the complaint, Cohen's personal/business transaction fees total $3,292,000. On top of that, Neal Greenberg confirmed that $2,084,528 was deposited directly into Leonard Cohen's personal account. There is an outstanding Leonard Cohen promissory note, created by Westin, in the amount of $355,000. On top of this, Cohen personally received Sony's prepayment transfer in the amount of $1 million. That totals $6,731,518.00.
Please review the Annuity Agreement I am once against attaching. Apart from the fact that Leonard Cohen personally received or expended well over the $4.7 million annuity obligation, that obligation was extinguished from the 2003 federal tax return. This was brought to my attention by DiMascio & Berardo.
I am also attaching some of the corporate documents prepared by Richard Westin. Please refer to them with respect to other distributions and/or profit/loss sharing.
As of today, I remain unaware of what mistake Westin rectified. Cohen testified about this matter and indicated that Westin paid him a substantial amount of money with respect to this mistake. There was and remains no trust. I did not hold my ownership interest in TH, BMT, and possibly other entities, in trust for Leonard Cohen. I do not have an ownership interest in LCI but K-1s were transmitted to IRS and State of Kentucky for the years 2003, 2004, and 2005 showing $0 income.
If you are not handling these issues, would you kindly let me know who I should speak with. Leonard Cohen was well aware that his personal and business expenses had to be repaid in full with interest.
Kelley Lynch