Friday, June 23, 2006

Thank you and Congrats to Rick Siegel and Don Smiley

UPDATE 6/25: COURT FAVORS MANAGERS - from today's Variety. I didn't mention below that, along with removing the threat of having to repay all commissions I earned from Margaret for the last year, the door is now open for me to recover all the commissions she owes me!
The entertainment industry was rocked today and my attorney is about to become famous!

A law that bankrupt many managers, drove others to suicide (one as recent as last week), and was being used against me in order to force me into accepting an unfavorable distribution of Cho Taussig Productions, Inc.'s assets was changed in my favor today, just in time for my July 18th hearing with Margaret.

There is now severability. What this means for me is that, even if they do find that I violated the Talent Agency Act (which I didn't), I won't have to automatically repay the $250,000 of commissions Margaret paid me last year. I may only have to pay back commissions resulting from the actual violation (of which there is none)! The attorney who is handling my TAA case is Donald V. Smiley, the one who represented the Plaintiff in the appeal, so, I will be in the best position possible to take advantage of the implications of this new law, just in time for our July 18th hearing.

What it means for the Plaintiff, Rick Siegel, is that he may rightfully retrieve monies owed to him for the work he did for his ex-client.

I went to a conference on this law where the attorneys were giddy about how much money they make representing the talent trying to retrieve their commissions and the managers trying to hold onto them. This law they referred to as Draconian, was a goldmine for them, regardless of which side they represented.

Thank you, Rick, for the unparalled dedication to your fellow colleagues you exhibited in seeing this through the appeal process and for introducing me to your attorney. I hope your years long nightmare is coming to an end.

Thank you, Don, for helping Rick fight this and for not closing your eyes to the injustice. It is an honor to be represented by you.

Here's the opinion. Read it and rejoice! The good guys won one.

Another weird coincidence? The Judge who wrote the decision is Margaret's attorney's mom! Isn't that weird?
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