JoeE back in the News - GoFuckYourself.com

Forest · 10-18-2007, 06:24 PM

BROWARD COUNTY, Fla. - The legal battle between former partners Joe Elkind and John Bennett over business ownership has taken a turn, with Elkind now seeking a trial by jury for his claim that his former attorney plotted against him with Bennett.

When Elkind and Bennett were partners, they hired attorney Richard J. Cahan to devise a way to hide their various assets through a series of complex corporate transactions, Elkind notes in a lawsuit filed earlier this month in a Florida court. The scheme, Elkind contends, allowed him and Bennett to avoid taxes, but gave Bennett an opportunity to prevent Elkind from maintaining his share of ownership in Breaker Assets Holdings, AVV and half of Net Management Services Inc.

The suit claims that Cahan, who was supposed to represent both Elkind and Bennett, disregarded his duties to Elkind and assisted Bennett in defrauding Elkind. Elkind is seeking unspecified damages from Cahan.

Elkind claims that Cahan then began working with Bennett to get Elkind out of the picture. He said in the suit that Netvision Audiotext Inc., which he and Bennett jointly owned, was sold to Virtual World Holdings for more than $14.8 million. Virtual World Holdings, which is under the umbrella of Breaker Assets Holdings, was supposed to pay $319,688 each quarter, but hasn't paid since January 2002, the suit states.

The suit states that Bennett and Elkind had planned to set up an offshore account for tax-avoidance purposes, and that Elkind was required to sign an employment agreement, which he said was not needed because he was 50 percent owner in the company.

Elkind also claims that Bennett and Cahan brought two of his other personal attorneys, Steven Workman and Kenneth Knox, into the scheme to exclude him from the business.

In the suit, Elkind claims that, in 2004, the attorneys used personal information from other matters in which they represented him and knowingly worked under conflicts of interest to plot with Bennett to force Elkind to sell Bennett his share of the business for a fraction of its worth.

Extreme John · 10-18-2007, 08:57 PM

that is one fucked up story.

JFK · 10-18-2007, 09:10 PM

as the stomach turns

marketsmart · 10-18-2007, 10:24 PM

why would you go to court claiming you were trying to "avoid taxes"?

seems very self-incrimenating to me... i don't get it...

eroswebmaster · 10-18-2007, 11:37 PM

Instant karma's gonna get you...well not so instant...but you get the picture.

Pleasurepays · 10-18-2007, 11:48 PM

Quote:

Originally Posted by marketsmart

why would you go to court claiming you were trying to "avoid taxes"?

seems very self-incrimenating to me... i don't get it...

because tax avoidance and tax evasion are not the same thing.

BannerAnt · 10-18-2007, 11:56 PM

Quote:

Originally Posted by marketsmart

why would you go to court claiming you were trying to "avoid taxes"?

seems very self-incrimenating to me... i don't get it...

what he said.

DamageX · 10-19-2007, 12:08 AM

Quote:

Originally Posted by Pleasurepays

because tax avoidance and tax evasion are not the same thing.

Ding ding ding!

stfuvt · 10-19-2007, 12:50 AM

good for him

Forest · 10-19-2007, 08:45 AM

Quote:

Originally Posted by JFK

as the stomach turns

I think we have the makings of a new soap oprea

KingK7 · 10-19-2007, 08:48 AM

Haha this story never ends

Forest · 10-19-2007, 08:55 AM

the way i see it is that joe couldnt get anymore money out of JB so now he is going after fresh targets

Rochard · 10-19-2007, 09:23 AM

I wonder how much coke they did.....

Wizzo · 10-19-2007, 09:35 AM

Quote:

Originally Posted by Rochard

I wonder how much coke they did.....

Forest · 10-19-2007, 10:00 AM

Quote:

Originally Posted by Wizzo

i would say more then that

Phoenix · 10-19-2007, 10:05 AM

partnerships can go bad fast...sucks

hope it works out for all

Vagisil · 10-19-2007, 11:45 AM

is he still beating up old men nowadays too?

10-18-2007, 06:24 PM	#1
Forest Confirmed User Industry Role: Join Date: Aug 2001 Location: Hollywood Fl. Posts: 8,972	JoeE back in the News BROWARD COUNTY, Fla. - The legal battle between former partners Joe Elkind and John Bennett over business ownership has taken a turn, with Elkind now seeking a trial by jury for his claim that his former attorney plotted against him with Bennett. When Elkind and Bennett were partners, they hired attorney Richard J. Cahan to devise a way to hide their various assets through a series of complex corporate transactions, Elkind notes in a lawsuit filed earlier this month in a Florida court. The scheme, Elkind contends, allowed him and Bennett to avoid taxes, but gave Bennett an opportunity to prevent Elkind from maintaining his share of ownership in Breaker Assets Holdings, AVV and half of Net Management Services Inc. The suit claims that Cahan, who was supposed to represent both Elkind and Bennett, disregarded his duties to Elkind and assisted Bennett in defrauding Elkind. Elkind is seeking unspecified damages from Cahan. Elkind claims that Cahan then began working with Bennett to get Elkind out of the picture. He said in the suit that Netvision Audiotext Inc., which he and Bennett jointly owned, was sold to Virtual World Holdings for more than $14.8 million. Virtual World Holdings, which is under the umbrella of Breaker Assets Holdings, was supposed to pay $319,688 each quarter, but hasn't paid since January 2002, the suit states. The suit states that Bennett and Elkind had planned to set up an offshore account for tax-avoidance purposes, and that Elkind was required to sign an employment agreement, which he said was not needed because he was 50 percent owner in the company. Elkind also claims that Bennett and Cahan brought two of his other personal attorneys, Steven Workman and Kenneth Knox, into the scheme to exclude him from the business. In the suit, Elkind claims that, in 2004, the attorneys used personal information from other matters in which they represented him and knowingly worked under conflicts of interest to plot with Bennett to force Elkind to sell Bennett his share of the business for a fraction of its worth.

10-18-2007, 08:57 PM	#2
Extreme John Confirmed User Join Date: Apr 2002 Location: Fl Posts: 1,475	that is one fucked up story. __________________ Florida Honnies - Extreme John 51299342

10-18-2007, 09:10 PM	#3
JFK FUBAR the ORIGINATOR Industry Role: Join Date: Jan 2002 Location: FUBARLAND Posts: 67,382	as the stomach turns __________________ FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com

10-18-2007, 11:37 PM	#5
eroswebmaster March 1st, 2003 Join Date: Jul 2001 Location: Seat 4 @ Venetian Poker Room Posts: 20,295	Instant karma's gonna get you...well not so instant...but you get the picture. __________________ For rent - ICQ 127-027-910 Click here for more details

10-19-2007, 12:50 AM	#9
stfuvt Confirmed User Industry Role: Join Date: Aug 2001 Location: my website Posts: 856	good for him __________________ my ICQ 129-839-858 I am selling these sites cheap!!! CELEBRITY SITES THAT CONVERT AND RETAIN!!!

10-18-2007, 10:24 PM	#4
marketsmart HOMICIDAL TROLL KILLER Industry Role: Join Date: Dec 2004 Location: Sunnybrook Institution for the Criminally Insane Posts: 20,419	why would you go to court claiming you were trying to "avoid taxes"? seems very self-incrimenating to me... i don't get it...

10-19-2007, 08:48 AM	#11
KingK7 Confirmed User Join Date: Jun 2002 Posts: 6,372	Haha this story never ends

10-19-2007, 08:55 AM	#12
Forest Confirmed User Industry Role: Join Date: Aug 2001 Location: Hollywood Fl. Posts: 8,972	the way i see it is that joe couldnt get anymore money out of JB so now he is going after fresh targets

10-19-2007, 09:23 AM	#13
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 72,535	I wonder how much coke they did..... __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

10-19-2007, 10:05 AM	#16
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,457	partnerships can go bad fast...sucks hope it works out for all __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

10-19-2007, 11:45 AM	#17
Vagisil Confirmed User Join Date: Mar 2002 Location: stank poona Posts: 399	is he still beating up old men nowadays too? __________________ I fix your discharge.....