Friday, October 24, 2014

Another Kelley Lynch/Leonard Cohen Entity & More Federal Tax & Corporate Issues


From: Kelley Lynch <kelley.lynch.2010@gmail.com>
Date: Fri, Oct 24, 2014 at 5:49 PM
Subject: Re:
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>, Robert MacMillan <robert.macmillan@gmail.com>, moseszzz <moseszzz@mztv.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>, sedelman <sedelman@gibsondunn.com>, JFeuer <JFeuer@gibsondunn.com>, "kevin.prins" <kevin.prins@ryan.com>


Hi IRS,

Here's the entity.  See liner notes re. Dear Heather.  It's a Delaware entity.  Let's look at the State of California's website.  There is an Old Ideas, LLC registered with the State of California in 2011 and c/o Kory's office.  I wonder how LA Superior Court obtained jurisdiction?  Westin asked Stuart Fried in the emails to give him the specific assignment language and SOCAN agreement was also being discussed.  I will note that the original SOCAN agreement was in Leonard Cohen's name.  I have no idea why LCI was collecting income related to that agreement.  You might want to review it.  The issues being discussed had to with the name because the performing rights society had similar names.  That was the only confusion.  It was formed and I know the intent.  There were still issues being resolved as I've noted in my emails.  

I've got to get back to the evidence.  Cohen's POA raises some issues for me.  Westin prepared this and one of the reasons had to do with Cohen's purchases of Adam Cohen and Anjani Thomas' homes.  It's Leonard Cohen, in his individual capacity and as trustee of the Leonard Cohen family trust."  That's the revocable probate trust?  What was assigned to that trust?  Not BMT or TH.  LCI received stock as trustee.  That was also a mistake?  

Paulette is noting how only the issues that don't benefit Cohen are mistakes.  She thinks he is laughable.  She is well aware that royalties may be collected by one company who then pays another owner.  It's standard.  Her husband was in a relatively famous band and she worked in Statement Preparation at Columbia Records.  She also worked for Allen Klein, ABKCO Phil Spector, etc.  She was present when Cohen visited Phillip at his home in Beverly Hills.  She said she likes it cold and Cohen should have brought a sweater rather than complaining in the news media.  She also reviewed Cohen's interview with Rolling Stone in 1977 and mentioned that George Brand was Phil Spector's body guard and a former US Marshal.  That's who had a gun.  She's never seen Phillip with a gun.  She was even in the studio with Phillip and John Lennon.  She knows John Lennon and May Pang.  They worked at Apple Records.  I just found a photograph of Cohen and Spector.  Lindsey must have taken it from me.  Phillip gave it to me.  

All the best,
Kelley


THIS IS NOT A STATEMENT OF GOOD STANDING
File Number:3823329Incorporation Date / Formation Date:06/30/2004
(mm/dd/yyyy)
Entity Name:OLD IDEAS, LLC
Entity Kind:LIMITED LIABILITY COMPANY (LLC)Entity Type:GENERAL
Residency:DOMESTICState:DE
REGISTERED AGENT INFORMATION
Name:PARACORP INCORPORATED
Address:2140 S DUPONT HWY
City:CAMDENCounty:KENT
State:DEPostal Code:19934
Phone:(302)697-4590
Entity Name:OLD IDEAS, LLC
Entity Number:201112410233
Date Filed:04/26/2011
Status:ACTIVE
Jurisdiction:DELAWARE
Entity Address:9300 WILSHIRE BLVD STE 200
Entity City, State, Zip:BEVERLY HILLS CA 90212
Agent for Service of Process:ROBERT B KORY
Agent Address:9300 WILSHIRE BLVD STE 200
Agent City, State, Zip:BEVERLY HILLS CA 90212

On Fri, Oct 24, 2014 at 5:38 PM, Kelley Lynch <kelley.lynch.2010@gmail.com> wrote:
Jeffrey,

I am reviewing evidence for my motion.  One series of emails between me, Richard Westin, and Stuart Fried raises further federal tax matters that were not litigated and which LA Superior Court would have no jurisdiction over.  

This relates to the entity known as Old Ideas, LLC.  Westin advised me and Stuart Fried that this is a partnership for federal tax purposes.  See IRS language re. partnerships below.  Also, see tax documents that should be filed.  This is from the IRS website and not me so don't worry about expertise.  I think the IRS knows what a partnership is.  This raises questions about LCI and Cohen's declaration.  However, Westin wrote that he believed I had a 15% ownership interest when he formed this.  He believed that because that was Cohen and my understanding.  Cohen was going to assign all the IP and contracts related to Dear Heather to this entity and advised me that this is the entity he wanted to use for touring and merchandising.  He noted that he previously used Blue Mist but since we were exploring a third IP sale, he couldn't use Blue Mist since assets were in there.  And are, I might add Jeffrey.  The Complaint confirms that the assignments were not removed and the entity was not unwound.  I have the non-revocable assignments.  I've given them to IRS.  State of Kentucky told me to put them in a safety deposit box.  They think they're real - regardless of what LA Superior Court thinks.  

I have the Certificate of Formation.  What happened, Jeffrey?  Another mistake that is now a federal tax and corporate matter that crosses state lines as this is a Delaware Corporation?  Did Westin rectify that mistake too.

How many mistakes are there?  How did LA Superior Court obtain jurisdiction over this Delaware entity and where are the books and records maintained?  I would like to inspect them.

Kelley Lynch

Partnerships

A partnership is the relationship existing between two or more persons who join to carry on a trade or business. Each person contributes money, property, labor or skill, and expects to share in the profits and losses of the business.
A partnership must file an annual information return to report the income, deductions, gains, losses, etc., from its operations, but it does not pay income tax. Instead, it "passes through" any profits or losses to its partners. Each partner includes his or her share of the partnership's income or loss on his or her tax return.
Partners are not employees and should not be issued a Form W-2. The partnership must furnish copies of Schedule K-1 (Form 1065) to the partners by the date Form 1065 is required to be filed, including extensions.
If you are a partnership or a partner (individual) in a partnership, use the information in the charts below to help you determine some of the forms that you may be required to file.
Chart 1 (Partnership)
If you are a partnership then you may be liable for...Use Form...Separate Instructions...
Annual return of income1065,U.S. Return of Partnership Income(PDF)Instructions for Form 1065 U.S. Return of Partnership Income (PDF)
  • Social security and Medicare taxes and income tax withholding
  • Federal unemployment (FUTA) tax
  • Depositing employment taxes
Excise TaxesRefer to the Excise Tax Web page

Chart 2 (Individual Partners in a Partnership)
If you are a partner (individual) in a partnership then you may be liable for...Use Form...Separate Instructions...
Income Tax1040, U.S. Individual Income Tax Return(PDF) and Schedule E (Form 1040), Supplemental Income and Loss (PDF)Instructions for 1040 U.S. Individual Income Tax Return(PDF)
Instructions for Schedule E (Form 1040) (PDF)
Self-employment tax1040, U.S. Individual Income Tax Return(PDF) and Schedule SE (Form 1040), Self-Employment Tax (PDF)Instructions for Schedule SE (Form 1040) (PDF)
Estimated tax1040-ES, Estimated Tax for Individuals(PDF)