Spinlight said:

jimstano7 said:

He just gave a million to charity.. priorities in his world! What a bubble to live in!

Yes, that is way to see it.

Kinda like Robin Hood: taking from the rich (?), giving to the needy...

Any more news? Come on, we wanna see that mutha fucka taken DOWN!!!!

hollywooddove said:

I don't care who you are that's a lot of money. My question is, can Prince count a law suit loss as a tax deduction? Anyone know?

Anyone care????

eireboy34 said:

hollywooddove said:

eireboy34 said:

Anyone care????

Obviously you don't work for yourself. Lol

I work for myself. Should I care whether or not Prince can count a law suit loss as a tax deduction?

I should call my accountant...

hollywooddove said:

I don't care who you are that's a lot of money. My question is, can Prince count a law suit loss as a tax deduction? Anyone know?

hollywooddove said:

I don't care who you are that's a lot of money. My question is, can Prince count a law suit loss as a tax deduction? Anyone know?

http://www.buzzle.com/art...tible.html

hollywooddove said:

I don't care who you are that's a lot of money. My question is, can Prince count a law suit loss as a tax deduction? Anyone know?

Had he paid the initial settlement like he agreed to do, he could have counted attorney fees and a contractual expense and been charged to whatever business he is incorporated as. But, now that he has voided that agreement by failing to follow through on conditions set forth, he has lost that option now that he is being personally sued and the complainants are seeking to attach his personal assets to the case. He can not count a monetary judgement as a write off. Just like one can not claim taxes owed as a tax deduction.

Prince has mega millions stashed under his bed in boxes in his new LA mansion......

[Edited 3/8/11 14:41pm]

what home?

Identity said:

hollywooddove said:

I don't care who you are that's a lot of money. My question is, can Prince count a law suit loss as a tax deduction? Anyone know?

http://www.buzzle.com/art...tible.html

Uhh, but the deduction would be the same if Prince had paid when he originally lost the lawsuit or if his wages are attached (or liens put on his business/property). Except he will have added court and attorney fees added. So it's just additional losses on his party. It's rather silly to use tax deductions as an arguement *not* to pay a settlement.

Tremolina said:

Militant said:

The point is that we don't know right now.

But like Bob said, HQ reported the show wouldn't happen from DAY ONE.

I think the promoters jumped the gun and started selling tickets without fully having confirmed all the terms with Prince. So if he can prove that, he's all good.

He had the opportunity to prove that in the Irish court, but he didn't and instead settled to pay 3 million.

This was all over the news and the org was talking about it for months.

Hard nut to crack that Prince was totally oblivious about it.

Hell, didn't he say himself "tell the cat to chill, we will work something out".

Well they did militant, but Prince didn't follow up on it.

But Prince WASN'T in court that day. So he could rightly argue that the lawyer didn't represent him the way he wanted them too and went against his wishes to not settle.

So then, he is all good, he could get out of paying this settlement and possibly the lawyers for breach of contract. Lawyers just can't go around and do whatever they want and not represent you the way you want to be represented and then still get paid!

Militant is right....no one knows what actually happened or what was said, so there could be a "loophole." ALOT of cases have loopholes and Prince knows that. He is stalling for a reason, could he be ready to fight this? Possibly. And if he can prove that he didn't agree to anything/wasn't represented fairly/etc. he would have a case! Period.

UmustB said:

what home?

Prince just bought a new house in LA!!! And he pays some things, not others, why? Maybe because he is making a statement that some people are overpriced, don't earn their pay, etc. Kind of like him not paying his state taxes in Minnesota. I've read so many people complaining how high the state taxes are in Minnesota and how they pay their last minute because they hate paying such ridiculous amounts. Change has to start somewhere, someone has to take a stand on issues they don't agree with to bring the issue to light.

DaphneLovesPR1NCE said:

Tremolina said:

He had the opportunity to prove that in the Irish court, but he didn't and instead settled to pay 3 million.

This was all over the news and the org was talking about it for months.

Hard nut to crack that Prince was totally oblivious about it.

Hell, didn't he say himself "tell the cat to chill, we will work something out".

Well they did militant, but Prince didn't follow up on it.

But Prince WASN'T in court that day. So he could rightly argue that the lawyer didn't represent him the way he wanted them too and went against his wishes to not settle.

So then, he is all good, he could get out of paying this settlement and possibly the lawyers for breach of contract. Lawyers just can't go around and do whatever they want and not represent you the way you want to be represented and then still get paid!

Militant is right....no one knows what actually happened or what was said, so there could be a "loophole." ALOT of cases have loopholes and Prince knows that. He is stalling for a reason, could he be ready to fight this? Possibly. And if he can prove that he didn't agree to anything/wasn't represented fairly/etc. he would have a case! Period.

Uhh, you realize that's not how court systems work, right?

dang spinlight..i know he's not perfect, but even the best have their day...I hope he comes out from under this....I admit he has done some things to people i dont approve of, but like scarface said "the world is mine"....but his world may crumble.

DaphneLovesPR1NCE said:

Tremolina said:

He had the opportunity to prove that in the Irish court, but he didn't and instead settled to pay 3 million.

This was all over the news and the org was talking about it for months.

Hard nut to crack that Prince was totally oblivious about it.

Hell, didn't he say himself "tell the cat to chill, we will work something out".

Well they did militant, but Prince didn't follow up on it.

But Prince WASN'T in court that day. So he could rightly argue that the lawyer didn't represent him the way he wanted them too and went against his wishes to not settle.

So then, he is all good, he could get out of paying this settlement and possibly the lawyers for breach of contract. Lawyers just can't go around and do whatever they want and not represent you the way you want to be represented and then still get paid!

Militant is right....no one knows what actually happened or what was said, so there could be a "loophole." ALOT of cases have loopholes and Prince knows that. He is stalling for a reason, could he be ready to fight this? Possibly. And if he can prove that he didn't agree to anything/wasn't represented fairly/etc. he would have a case! Period.

sosgemini said:

DaphneLovesPR1NCE said:

But Prince WASN'T in court that day. So he could rightly argue that the lawyer didn't represent him the way he wanted them too and went against his wishes to not settle.

So then, he is all good, he could get out of paying this settlement and possibly the lawyers for breach of contract. Lawyers just can't go around and do whatever they want and not represent you the way you want to be represented and then still get paid!

Militant is right....no one knows what actually happened or what was said, so there could be a "loophole." ALOT of cases have loopholes and Prince knows that. He is stalling for a reason, could he be ready to fight this? Possibly. And if he can prove that he didn't agree to anything/wasn't represented fairly/etc. he would have a case! Period.

Uhh, you realize that's not how court systems work, right?

Are you kidding me? This person doesn't know how reality works.

JustErin said:

sosgemini said:

Uhh, you realize that's not how court systems work, right?

Are you kidding me? This person doesn't know how reality works.

DaphneLovesPR1NCE said:

Tremolina said:

He had the opportunity to prove that in the Irish court, but he didn't and instead settled to pay 3 million.

This was all over the news and the org was talking about it for months.

Hard nut to crack that Prince was totally oblivious about it.

Hell, didn't he say himself "tell the cat to chill, we will work something out".

Well they did militant, but Prince didn't follow up on it.

But Prince WASN'T in court that day. So he could rightly argue that the lawyer didn't represent him the way he wanted them too and went against his wishes to not settle.

So then, he is all good, he could get out of paying this settlement and possibly the lawyers for breach of contract. Lawyers just can't go around and do whatever they want and not represent you the way you want to be represented and then still get paid!

Militant is right....no one knows what actually happened or what was said, so there could be a "loophole." ALOT of cases have loopholes and Prince knows that. He is stalling for a reason, could he be ready to fight this? Possibly. And if he can prove that he didn't agree to anything/wasn't represented fairly/etc. he would have a case! Period.

Girl, shut up.

SagsWay2low said:

Girl, shut up.

I'd say: we'd read about that if it were so.

But this failure of P paying up and thus not behaving like a grown up just fits the profile.

He may have to sell some of his assets if he has any...he does own the rights to his music..perhaps he might consider that.... no wonder 20ten costs so much to buy.....damn!

DaphneLovesPR1NCE said:

Tremolina said:

He had the opportunity to prove that in the Irish court, but he didn't and instead settled to pay 3 million.

This was all over the news and the org was talking about it for months.

Hard nut to crack that Prince was totally oblivious about it.

Hell, didn't he say himself "tell the cat to chill, we will work something out".

Well they did militant, but Prince didn't follow up on it.

But Prince WASN'T in court that day. So he could rightly argue that the lawyer didn't represent him the way he wanted them too and went against his wishes to not settle.

So then, he is all good, he could get out of paying this settlement and possibly the lawyers for breach of contract. Lawyers just can't go around and do whatever they want and not represent you the way you want to be represented and then still get paid!

Militant is right....no one knows what actually happened or what was said, so there could be a "loophole." ALOT of cases have loopholes and Prince knows that. He is stalling for a reason, could he be ready to fight this? Possibly. And if he can prove that he didn't agree to anything/wasn't represented fairly/etc. he would have a case! Period.

No, he wasn't in court that day, but his lawyers were and he could have been there too, if he would have had the guts to go.

Surely his lawyers told him he got sued in Dublin. You really think not? Further, everybody knew that, Daphne. News papers and music web sites were reporting on it for months. You know, Prince and his people take note of the media and read this site too, so of course, Prince knew about it too.

And no, it's not likely AT ALL that some attorneys, somehow, thought it was a good idea to just go to Dublin and claim to be his representatives in court, when they in fact weren't, nor is it likely that they would make a deal worth 3 million with the plaintiff without explicit authorization by Prince.

That would be the most stupid thing you could do as a lawyer.

Are you a lawyer?

--

[Edited 3/10/11 16:57pm]

sosgemini said:

DaphneLovesPR1NCE said:

But Prince WASN'T in court that day. So he could rightly argue that the lawyer didn't represent him the way he wanted them too and went against his wishes to not settle.

So then, he is all good, he could get out of paying this settlement and possibly the lawyers for breach of contract. Lawyers just can't go around and do whatever they want and not represent you the way you want to be represented and then still get paid!

Militant is right....no one knows what actually happened or what was said, so there could be a "loophole." ALOT of cases have loopholes and Prince knows that. He is stalling for a reason, could he be ready to fight this? Possibly. And if he can prove that he didn't agree to anything/wasn't represented fairly/etc. he would have a case! Period.

Uhh, you realize that's not how court systems work, right?

As the sister of someone who works in the court systems, then yeah I know what I'm talking about. So what I stated is quite possible and has happened before. Haven't you EVER heard that "in the legal field, nothing is ever over?"

leonche64 said:

DaphneLovesPR1NCE said:

But Prince WASN'T in court that day. So he could rightly argue that the lawyer didn't represent him the way he wanted them too and went against his wishes to not settle.

So then, he is all good, he could get out of paying this settlement and possibly the lawyers for breach of contract. Lawyers just can't go around and do whatever they want and not represent you the way you want to be represented and then still get paid!

Militant is right....no one knows what actually happened or what was said, so there could be a "loophole." ALOT of cases have loopholes and Prince knows that. He is stalling for a reason, could he be ready to fight this? Possibly. And if he can prove that he didn't agree to anything/wasn't represented fairly/etc. he would have a case! Period.

Okay, which is it? Are you willfully ignorant or just delusional stupid? You have zero idea of how the legal system works and continue to spout about like you kn ow what you are talking about. This is very childish. The man SETTLED the case. That means that he agreed to the terms set forth. Let me explain that for you. He said "Okay, I breached a contract and caused financial harm to this person. I will pay restitution to the term of 3 million." He signed it. Then he did not send the check. Sitting back waiting in the belief that technicalities or "loopholes" will save the day is a poor strategy. Prince is not a lawyer, this is obvious. He is being sued BY HIS OWN LAWYERS. He has not tried to fight anything, he just has not paid what he agreed to pay. Everything I said is in the public record. Everything you said came out of your head that apparently exist is a state "purple induced confusion" where laws don't exist and all are ruled on the whims of some little dude.

Thank you for acknowledging that this is a strategy (albeit a "poor" one IYO) that people do use and Prince could possibly be doing just that. Since YOU don't know what's in his head, you don't know what he is thinking.

Instead of trying to call someone delusional, (and then turn around and say in your post that what this person said is true), take some time to READ and COMPREHEND!! You make yourself look stupid when you say that I'm wrong, then acknowledge that what I said is possible. Some of you people crack me up.

I don't care if Prince's lawyer's SETTLED the case or not. Nothing is written in stone. There are people who plead guilty to a case, get sentenced, and 2 years later come back and say, "sorry I didn't do it!" And guess what? They can APPEAL the decision. Now there is a new word for you...be a good little child and google what that means.

From the ignorant post, I can see there aren't many people around here that no squat about the legal system, especially on the international level. Before any of you try to be so quick to call someone dumb, use your brain and either use google to research these issues or go to your local law library to actually learn something!

It's insane to believe that Prince hasn't paid this simply because he doesn't want to or feels he is above it. He's not THAT far removed from reality. So, like Daphne just said, he is stalling for a reason.

For some reason, the quote Prince said about MJ circa "Rave" era just popped into my mind.

"we should all just kinda chill because he may know something that none of us know.
you know , just wait it out , just wait it out, you never know. You just never know."

Tremolina said:

DaphneLovesPR1NCE said:

But Prince WASN'T in court that day. So he could rightly argue that the lawyer didn't represent him the way he wanted them too and went against his wishes to not settle.

So then, he is all good, he could get out of paying this settlement and possibly the lawyers for breach of contract. Lawyers just can't go around and do whatever they want and not represent you the way you want to be represented and then still get paid!

Militant is right....no one knows what actually happened or what was said, so there could be a "loophole." ALOT of cases have loopholes and Prince knows that. He is stalling for a reason, could he be ready to fight this? Possibly. And if he can prove that he didn't agree to anything/wasn't represented fairly/etc. he would have a case! Period.

No, he wasn't in court that day, but his lawyers were and he could have been there too, if he would have had the guts to go.

Surely his lawyers told him he got sued in Dublin. You really think not? Further, everybody knew that, Daphne. News papers and music web sites were reporting on it for months. You know, Prince and his people take note of the media and read this site too, so of course, Prince knew about it too.

And no, it's not likely AT ALL that some attorneys, somehow, thought it was a good idea to just go to Dublin and claim to be his representatives in court, when they in fact weren't, nor is it likely that they would make a deal worth 3 million with the plaintiff without explicit authorization by Prince.

That would be the most stupid thing you could do as a lawyer.

Are you a lawyer?

--

[Edited 3/10/11 16:57pm]

My sister is a paralegal(with Bachelor's Degree and 7 years experience). I explained to her what was going on and let her read the article that posted on it. She said this is what he "could" possibly do, that it was the only thing she could think of that could possibly get him out of paying the settlements. I NEVER said the lawyers acted on their own or Prince wasn't aware of the lawsuit. What I said was "he could argue that the lawyers didn't act in his best interest or didn't follow his wishes." That could then get him a new trial, and may be sited as a reason why he is refusing to pay the lawyers.

Whether someone agrees that Prince is at fault or whatever really isn't important when trying to get him out of a lawsuit or a settlement. People contest legal wills, contracts, etc. based on the notion that they were "under duress when they signed them, etc." And a contract/document signed under duress is voidable. Sometimes their excuses are lame, but if a judge buys it, then hey, it works. And precedents are set everyday!!

Militant said:

It's insane to believe that Prince hasn't paid this simply because he doesn't want to or feels he is above it. He's not THAT far removed from reality. So, like Daphne just said, he is stalling for a reason.

For some reason, the quote Prince said about MJ circa "Rave" era just popped into my mind.

"we should all just kinda chill because he may know something that none of us know.
you know , just wait it out , just wait it out, you never know. You just never know."

Exactly!! I find it interesting that they always point out the fact that Prince "never gave an explanation." His "explanation" just may be good enough to get him out of this. My sister just said, she'd sure like to be on the defense team working on getting him out of it, not because she thinks he should or whatever, but because winning this case could look really good on one's resume! And could establish some great precedents. She likes those controversial cases, right now she's working one that could shut down a college!! Cases with Prince....The possibilities are endless!!