Civil Suit

[Truth]

If there was a settlement, it is the insurance companies decision based on the cost of going to trial vs. settling. This means that if the insurance company wanted to settle and 3abn did not, then 3abn becomes responsible for all expenses of a trial. Most educated people should know this.

[Stan]

AND if they don't they lawyers are often pounced upon, and not in a nice way, by the Judge.

[Truth]

Specific enemies of 3ABN have in the past half dozen years tried to stop the extremely valuable message of 3ABN. Hasn't worked and won't work unless their Boss says it is time to close. But the Boss has protected 3ABN to the fullest and the three angels messages are yet being proclaimed to the whole world.

[Stan]

I know often these are settled to save legal fees, and it does not always reflect justice, but financial savings.

Wondering if these have a nondisclosure agreement? Or are they a matter of public record?

[Truth]

No, Alex is far from being a millionaire--in fact I'm quite sure by now his money is gone. After paying at least half to his attorney's and then the IRS, and possibly Pickle for his "help" in all this, I'm sure he didn't have much left and I imagine his money is gone by now.

The insurance company settled without any communication with 3ABN about it until it was a done deal. 3ABN did not pay anything at all to Alex. Not one penny went from 3ABN to Alex Walker.

Best of all--not one thing Clem or Joy or Pickle or Linda has attempted to do or say in the last 6-7 years has injured 3ABN or Danny. As was said previously, 3ABN is going right along as usual. Why? Because 3ABN has not done any wrong and neither has Danny Shelton. God takes care of His own.

And every time "Balaam" tries to curse Danny and 3ABN, instead there are blessings everywhere.

[Truth]

Alex--- anytime you resort to mocking someone for their comments without stating your own evidence to prove them wrong, you can know there is a serious problem!!

Robert--- Danny Shelton is still a huge part of 3ABN and you know it.

[Stan]

are settlements from lawsuits taxable income in the US?

[Cynthia]

are settlements from lawsuits taxable income in the US?

HI,

I'm not an expert, but your question piqued my interest. Based on my internet research; it seems it depends on the settlement...

Specifically, In regards to Alex's settlement:

If the settlement is with your employer (which Alex's was) and the cause of the dispute involved loss of work, and the settlement compensates for that? Yes, it's taxable, as that's just recovered income.

That doesn't apply to Alex, employment records and all testimony (except his own) prove that he was only hired for, and only worked at 3ABN for a few short weeks helping on Linda's offsite music videos, even though he had claimed in his complaint that he was, quote:" repeatedly sexually abused.. at the 3ABN facility in Illinois...for approximately one year." In any case he never claimed he lost his job or any income because of his allegations. Nor did he.


If the settlement involves physical injury or illness for which the employer is liable, and/or medical expenses related to that? No, that's not taxable. Again, that doesn't seem to apply to Alex. He wasn't physically injured and never claimed he was, there are no proven medical records or bills, and so he appears to be liable to the IRS. Damage awards and settlements received for emotional injuries ( which was his claim)are taxable (unless the taxpayer can establish that the emotional injuries were triggered by the physical injuries, in which case there would be no tax liability).

Here's an actual letter from the IRS which proves this: http://www.irs.gov/pub/irs-wd/04-0068.pdf

Also: I have no idea how Alex paid his legal fees, but if they were based on a contingency type agreement? Then he owes the IRS not only for his amount of the settlement he received/will recieve from the Insurance company but also the part that his attorneys received/will receive as that's also considered his income.

[Stan]

OK thanks....

I appreciate that, I think I read somewhere else as well something similar.

Blessings

[steffan]

And so naturally, was in very good company when he got together with Alex Walker to sue 3ABN. If only 3ABN had stood firm and refused to settle!

In news today, Jeff Herman's dishonesty comes to the fore...

http://www.dailymail.co.uk/news/article ... d-boy.html

Lawyers admit to filing 'untrue' claims and give 'seven-figure' payout to Hollywood producers accused of sexually abusing teenage boy
Lawyers write letter of apology after countersuits from powerful producers Garth Ancier and David Neuman
The incident is not the first for the lawyer, who was suspended by the Florida Bar for engaging in 'dishonesty' when he violated conflict-of-interest rules.

Some have speculated that he was using publicity from the Egan suits to bring in other clients.

Entire article below:
Lawyers admit to filing 'untrue' claims and give 'seven-figure' payout to Hollywood producers accused of sexually abusing teenage boy
Attorneys Jeff Herman and Mark Gallagher represented Michael Egan
Lawyers write letter of apology after countersuits from powerful producers Garth Ancier and David Neuman
Egan who received abuse payout from entrepreneur in early 2000s, said that he was abused by director Bryan Singer at the sex offender's party
By DAILYMAIL.COM REPORTER

PUBLISHED: 14:38 EST, 7 June 2015 | UPDATED: 14:48 EST, 7 June 2015

Lawyers for a man accusing several Hollywood producers of sexual abuse have admitted that allegations against two of them are 'totally untrue'.

Attorneys Jeff Herman and Mark Gallagher had represented accuser and former actor Michael Egan in prominent lawsuits against X-Men director Bryan Singer and others beginning last year.

However, the lawyers have now admitted the false claims about an alleged incident with then-17-year-old Egan in Hawaii and paid a 'seven-figure' compensation to producers Garth Ancier and David Neuman.

Attorney Jeff Herman, a Florida-based counsel who represented former actor Michael Egan in sex abuse claims against several prominent Hollywood producers, has admitted that the claims were untrue

Producers Garth Ancier, a longtime television executive for multiple networks, received apology letters from Herman for the false claims
David Neuman, a former president of Disney TV, had the case against him dropped after it emerged that the accuser had previously testified that he was not abused by the executive
Producers Garth Ancier and David Neuman have both received apology letters from Herman for the false claims

The admissions come after Ancier, a longtime television executive for multiple networks including the BBC and the WB, and Neuman, a former president of Disney TV, filed countersuits, according to the Hollywood Reporter.

Herman and Gallagher have not issued apologies to Singer or Gary Goddard, a Broadway producer and theme park ride creator who was also accused of sexual abuse.

Both denied the accusations.

Egan withdrew the cases he filed last year after the discovery of testimony from a 2000 case alleging sexual abuse where he said he had not been abused by anyone other than the three defendants in those proceedings.

The testimony said in particular that Neuman had never abused him and Egan also swore that he had never been to Hawaii with any of the men.

'I participated in making what I now know to be untrue and provably false allegations against you,' Herman said in letters to Ancier and Neuman dated Friday. 'I am hopeful that you can recover fully.'

Egan (right, with mother Bonnie) received compensation from an entrepreneur in the early 2000s, and filed suits in 2014 that claimed he was also abused by investor's in the sex offender's company

X-Men director Bryan Singer and producer Gary Goddard were also accused of sexual abuse but did not file countersuits and have not received apologies.

The incident is not the first for the lawyer, who was suspended by the Florida Bar for engaging in 'dishonesty' when he violated conflict-of-interest rules.

Some have speculated that he was using publicity from the Egan suits to bring in other clients.

Gallagher, who was co-counsel based in Hawaii, wrote a similar message: 'I now do not believe that the allegations in the lawsuit were true and accurate. I deeply regret the unjustified pain, suffering and significant damage the lawsuit and publicity has caused'.

Egan, who now has a new lawyer, has not yet commented on the news of his former attorneys' admissions.

The now 32-year-old accuser's credibility was also tinged earlier this year when he was accused of fraud in relation to an investment scheme and later pleaded guilty to conspiracy.

Egan said that his abuse came after grooming at the house of Internet entrepreneur Michael Collins-Rector and his boyfriend Chad Shackley

Herman staged well-attended press conferences last year publicizing the claims against Singer and his fellow producers

Michael Collins-Rector fled the country after being convicted of abuse and was later found with child pornography in Spain. Singer was reportedly a guest at his parties

'They ripped in and stole my soul. I became a robot. I had such fear instilled in me I was a non-functioning person. I may have become more of a compliant victim, but I was never willing,' he told Vulture.

Collins-Rector and Shackley fled the country in the early 2000s after a string of abuse legal claims, and the former later served prison time in Spain after guns, machetes and child pornography were found in his house.

Egan and the other accusers received a multi-million dollar payout after the couple fled, though he says he only received $25,000.

Collins-Rector has said that he left the country because businessman David Geffen wanted to destroy him, according to Buzzfeed.

One of the claims was the 2000 lawsuit brought by Egan and two friends in which Egan said that no one besides Collins-Rector, Shackley and their housemate Brock Pierce had abused him.

Singer, Ancier, Neuman and Goddard were all investors in Collins-Rector's company and Neuman was a director of it.

The admissions by Egan's lawyers come as the accusers claims are being used in a documentary about producers abusing young men in Hollywood.

Claims against the investors have now been edited out of filmmaker Amy Berg's movie An Open Secret, though Egan is still in the film for other accusations.

Berg insists that there were teen sex parties at Collins-Rector's house, though she says her film is bigger than any one case.

'It's huge problem. It’s pervasive in Hollywood, and the time to explore it is now,' she said last year.