Valensi Rose Attorneys to Moderate and Speak at 2011 Entertainment Industry Conference

Wednesday, June 15, 2011 at 8:30 AM to Wednesday, June 15, 2011 at 5:00 PM
Valensi Rose will make a strong showing at this year's Entertainment Industry Conference, presented by the CalCPA Education Foundation. Michael R. Morris, an active member of the conference's planning committee, will once again moderate the tax update portion of the day long event. Joining him in this session on the tax update panel will be tax and wealth planning partner Philip S. Magaram, who will contribute his expertise to this discussion on the current estate and charitable planning opportunities in the entertainment industry. Bruce D. Sires will also be speaking at the conference on the topic of children in entertainment and the various challenges and laws that go along with this special category of entertainers.

For more information on the conference and to register, click here.

Renewing Judgments

By
Laurie Murphy

Don’t let time rob you of your right to enforce your judgment!

Money judgments in California are enforceable for a ten year period, during which time simple interest accrues at 10% per annum. However, unless you renew it, a judgment creditor cannot enforce a judgment after the ten year period has expired. This predicament can easily be avoided since renewing a judgment is very straightforward. The judgment creditor simply needs to fill out and file an application for renewal of the judgment and file it with the court. In that form, the judgment creditor lists the original judgment amount plus any costs incurred after the original judgment was entered plus the accrued interest.

The judgment creditor does not need to wait until the ten years is about to expire in order to review the judgment. In addition, if the case in which the judgment was entered provided for the recovery of attorney’s fees, the judgment creditor can recover the attorney’s fees incurred in enforcing the judgment as well and add them to the original judgment along with interest and other costs. Finally, unlike some other states, there is no limit to the number of times that a judgment can be renewed in California. Even if the judgment debtor moves out of state, most other states permit the judgment entered in California to be enforced in the new state. Similarly, in California, a judgment entered in another state can be enforced if the judgment debtor moves to California.

Michael Morris Interviewed About Music Entertainment Law

Michael Morris was recently interviewed on the Experts and Leaders Network on Big Media USA, an Internet broadcasting company. Mr. Morris has blended his tax law expertise and a passion for music and entertainment into a practice that is quite unique. His practice areas include tax controversy, transactional matters, estate planning, music, entertainment and general business law.

Although he has a variety of business and tax clients, the entertainment industry is a niche in which Mr. Morris has developed a strong loyal base. His interest in music and years of servicing clients in entertainment has allowed him to build a solid reputation for providing valuable and effective business solutions in such areas as tax planning, copyrights and contractual matters. His entertainment clients include production companies, post production houses, personal managers, talent agents, industry executives of major studios, and numerous recording artists, including Alice Cooper, Grammy winner Kurt Elling, Ministry and La Toya Jackson.

Click on this picture frame to hear the interview: