Lavish Spending Doesn't Equal Tax Evasion, 9th Circ. Says - Law360 (subscription)

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<table border="0" cellpadding="2" cellspacing="7" style="vertical-align:top;"><tr><td width="80" align="center" valign="top"><font style="font-size:85%;font-family:arial,sans-serif"></font></td><td valign="top" class="j"><font style="font-size:85%;font-family:arial,sans-serif"><br /><div style="padding-top:0.8em;"><img alt="" height="1" width="1" /></div><div class="lh"><a href="http://news.google.com/news/url?sa=t&fd=R&ct2=en_ie&usg=AFQjCNEUYc6XZxYNbCIV2bLOk6eOJrLyjQ&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=23gaVMC6K-nbiQa3tYGYAQ&url=http://www.law360.com/california/articles/577381/lavish-spending-doesn-t-equal-tax-evasion-9th-circ-says"><b>Lavish Spending Doesn&#39;t Equal Tax Evasion, 9th Circ. Says</b></a><br /><font size="-1"><b><font color="#6f6f6f">Law360 (subscription)</font></b></font><br /><font size="-1">During the dispute, Hawkins&#39; company, <b>3DO</b>, tanked and filed for Chapter 11. The tax and district courts ruled that Hawkins didn&#39;t change his glitzy lifestyle even after he became insolvent and had frittered away money that could have been used to pay <b>...</b></font><br /><font size="-1" class="p"></font><br /><font class="p" size="-1"><a class="p" href="http://news.google.ie/news/more?ncl=dBo0tDEvUx9WnAM&authuser=0&ned=en_ie"><nobr><b></b></nobr></a></font></div></font></td></tr></table>

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