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Things didn't get any better for Depp on Wednesday when The Hollywood Reporter published a feature that went deeper into Depp's financial woes.
TMG's Joel Mandel claims that even though Depp has earned more than $650 million in the more than 13 years the company represented the star, Depp didn't have enough cash to cover his $2 million in bills each month.
Depp's extravagant spending habits reportedly include $3.6 million annually for his 40-person staff, $350,000 monthly for maintaining his 156-foot yacht, $30,000 monthly for wine, and $5 million the star says he spent to shoot the ashes of his friend Hunter S. Thompson out of a cannon.
TMG says it met with Depp numerous times over the years to try to get Depp to sell some of his expensive items. On one occasion, he agreed to sell his $10 million yacht that he spent $8 million to renovate, according to The Hollywood Reporter. Another year, TMG almost got Depp to sell his French chateau — on which he spent $10 million to renovate — but he got cold feet after prospective buyers came calling, according to the former business managers, and it has since been relisted for $39 million.
Johnny Depp will be seen next in "Pirates of the Caribbean: Dead Men Tell No Tales," out May 26.
Depp has routinely earned $20 million up-front paychecks for the movies he's been in since the success of 2003's "Pirates of the Caribbean: The Curse of the Black Pearl." He also gets 20% of the backend per picture, according to The Hollywood Reporter — a source said that was $40 million from the backend of each "Pirates" movie and $55 million from his profit on the 2010 hit "Alice in Wonderland," which earned over $1 billion worldwide.
TMG attorney Michael Kump said in the lawsuit that TMG stepped in to help Depp avert a "devastating financial collapse." Depp has claimed he was kept in the dark about his finances.
It's unclear how cash-strapped Depp is. According to litigation, he has received $25.7 million over the past two years in profits from six movies, and he earned up-front money — likely close to $20 million each — from "Fantastic Beasts and Where to Find Them," "LAbyrinth," and "Gnomeo & Juliet: Sherlock Gnomes."
The campaign aims to highlight the impact of one-punch attacks.
A campaign has been launched to highlight the danger of drunken one-punch attacks and the impact they have on families.
Punched Out Cold campaign poster.
Campaigners say alcohol is not an excuse for violent behaviour and being drunk alters perception and attitude.
This can lead to someone using more force than they perceive necessary when in a fight and as a result one punch can be fatal.
The campaign is to help prevent two families from suffering loss – one the death of a family member, the other the loss of a family member who is on the receiving end of a prison sentence.
At this time of year, there are lots of people enjoying themselves, Black Eye Friday is not an excuse to go out and hit someone so by renaming it there will be no excuse.
Inspector Rachel Stockdale, from Durham Constabulary’s Harm Reduction Unit, said: “Sadly, it only takes one punch to ruin two lives. One punch can prove fatal whilst the other loses their freedom.
“Kristian’s story is tragic, we’ve worked hard over the years to share the story across County Durham and Darlington on the dangers and consequences that just one punch can have on a night out not only to those involved but the wider family friends and communities.
"Thankfully incidents of this nature are few but with the Christmas period upon us more people will be out drinking with their friends, family and work colleagues.
"We urge people to enjoy their time socialising were ever they are, but remind people how tragic their actions can be and the catastrophic consequences one punch can cause and ask that people drink responsibly to return home safe."
Today we live in world of entitlements. We are constantly reminded that the government owes us a job, a house and a health insurance policy. This constant celebration of positive rights has a real downside, however, for it easily deflects our attention from the traditional libertarian concern that no person should be deprived of their liberty or property without due process of law. Yet all too often today, state procedures compromise the ability of individuals to keep their property and their jobs from arbitrary loss by state power.
All too frequently, the same governments that are so intent to generate a dizzying array of new positive rights are also highly insensitive to the dangers that their criminal procedures pose to protecting people from the arbitrary seizure of their property and the arbitrary loss of licenses needed to do their jobs. Two current cases illustrate the concerns.
This past week, the United States Supreme Court heard oral argument in Alvarez v. Smith, which took dead aim at the Illinois Drug Asset Forfeiture Procedure Act. This law essentially allows any local government to seize and impound, say, the automobile that has been involved in a drug crime for over six months without any hearing on the merits of the government's case. That delay is barely acceptable when the perpetrator of the crime owns, say, the car in which drugs were used or sold. But the delay is far more oppressive when the car belongs to an innocent person who had no role in the criminal act.
Of course, the government should be able to impound for investigative purposes. But it hardly follows that it should be able to drag out the forfeiture indefinitely, without giving its owner any mechanism to challenge the legality of the seizure or to post bond to obtain the return of the car. The federal system supplies these elementary protections. Unfortunately, the state of Illinois does not, and for the worst of all reasons--it wants to profit from the ultimate sale of the seized vehicle after the owner gives up his or her legal claim out of a sense of frustration.
It was to combat these practices that I helped the Mandel Legal Aid Clinic at the University of Chicago prepare a brief to persuade the Supreme Court to require the states to adopt some procedure that approaches those at use in the federal system. Governments should be supported by explicit taxes, not by revenues raised through dubious procedures. Happily, this plea has sufficiently broad appeal to get support from the American Civil Liberties Union and the Legal Aid Society on the left and the Cato Institute, Goldwater Institute and the Institute for Justice on the right, all of whom filed amicus briefs in our support.
A similar issue has just been resolved, wrongly, in my view, in Nneme v. Daus New York City. Lawyer Dan Ackman has mounted a sustained challenge against the New York City procedures that calls for the suspension of a cab driver's license after a simple arrest. (By way of full disclosure, Ackman is a former Forbes employee.) The only immediate post-deprivation hearing is limited to asking whether the arrest was in fact made for an offense that warrants a suspension under the rules of the New York Taxi and Limousine Commission (NYTLC). Typically, the suspension remains in effect until the dispute is resolved months later, when the criminal charges are dropped about 90% of the time.
In a careful opinion, District Judge Richard Sullivan upheld the suspensions on ground that the state had a powerful interest in protecting vulnerable passengers from criminal assaults by cab drivers. But he struck the wrong balance. All license suspensions involve the risk of two kinds of error. The first imposes a suspension on an innocent cab driver. The second lets guilty drivers back behind the wheel.
The high rate of false arrests--around 90%--makes it incumbent for the NYTLC to drive down the first kind of error. The fluid balancing tests in procedural due process cases may not direct a court to a unique solution. But in Nneme, there is an obvious need for an expanded initial hearing that lets the driver give his version of the facts and, if need be, to post a bond to continue to earn his livelihood. In exchange, he would face heavier penalties if he committed any crime against his passengers during the probation period. In a world in which taxi drivers are usually the victims, not the perpetrators of crimes, it is wrong to let their economic livelihood fall prey to a slow and cumbrous criminal process.
It's for good reason that the criminal system normally requires proof of a criminal offense beyond reasonable doubt to justify punishment. A license suspension on far more flimsy grounds poses serious financial losses that are not made up by the NYTLC when the charges are dropped. The Second Circuit should require them to be beefed up, just as it does now, thanks to Justice Sotomayor, in innocent forfeiture cases like Alvarez. Once again, the libertarian presumption against the imposition of state power should be respected. The allure of positive rights should not deflect us from the protection of traditional negative rights in liberty and property.
Richard A. Epstein is the James Parker Hall Distinguished Service Professor of Law, the University of Chicago; the Peter and Kirsten Bedford senior fellow, the Hoover Institution; and a visiting law professor at NYU Law School. He writes a weekly column for Forbes.com.
Read more Forbes Opinions here.
DES PLAINES, Ill. -- A special school board meeting was held in Des Plaines Wednesday night to discuss the future of District 62’s superintendent who has been absent from school since last month.
Sources within District 62 said Superintendent Floyd Williams is being accused of multiple incidents of sexual harassment against female staff members. However, Des Plaines police said there have been no criminal complaints filed with their department.
Williams has been on paid leave since October 31 but he hasn’t been seen in the district offices since October 17.
WGN was told that district employees have a huge problem with the way their board has been handling the situation by allegedly working to shut down their complaints and continuing to meet behind closed doors while failing to take any definitive action.
They pointed out this is the board's second meeting in closed session.
After Wednesday's closed session meeting, it was decided that Williams will remain on paid administrative leave at his full salary of $198,000 per year plus benefits.
After the meeting, school board president Stephanie Duckmann and her staff ran from WGN's cameras and hid in an office to avoid answering questions about the situation.
All this comes just 16 months after he took the job from a district in Kenosha, Wisconsin. There are questions about his departure from that district as well. But officials there haven't commented either, citing an agreement signed with Williams.
HENRIKH MKHITARYAN has hailed Manchester United team-mate Zlatan Ibrahimovic after he got his 17th goal of the season in the 3-1 victory against Sunderland.
The Swede is in a rich vein of form having scored 11 goals in his last 10 Premier League games.
After the match, Manchester United boss Jose Mourinho revealed the club are all but certain to trigger the option of an additional year in Ibrahimovic's contract.
And Mkhitaryan, who scored a spectacular back heel goal against the Black Cats, was full praise for the 35-year-old.
"His performance doesn’t show how old he is," said the Armenian.
"He’s doing some incredible stuff and I'm very happy for him because he deserves it."
He added: "He’s a very big player and everyone knows him. I don’t have to say it because everyone knows he’s a fantastic player.
"I hope he will do his best for the next game as well."
College Station, TX (SportsNetwork.com) - This time it took two overtimes for Kentucky to remain undefeated.
The top-ranked Wildcats pulled out an overtime win Tuesday in their SEC opener against Ole Miss and on Saturday needed a second extra period in their first road conference game, escaping with a 70-64 triumph over Texas A&M.
Tyler Ulis drained a 3-pointer with 1:25 remaining for his only points of the game to give Kentucky a 66-63 lead. Kourtney Roberson answered with a free throw to draw A&M within two and Trey Lyles traveled at the other end to give the Aggies a chance to go ahead or tie with 30 seconds left.
Danuel House went for the lead, but his 3-point try missed and Dakari Johnson pulled down the rebound for Kentucky. Johnson made two from the line with 14.7 seconds left for a four-point margin and Peyton Allen's attempt from beyond the arc also came up empty for the Aggies. Two more Devin Booker free throws with 8.2 seconds to play sealed it for the Wildcats.
"We kind of got lucky and walked out with a win," Kentucky head coach John Calipari admitted. "We're just not a very good team right now."
Booker finished with 18 points for Kentucky (15-0, 2-0 SEC), which many thought might take advantage of a so-called weakened SEC to waltz into March with an unblemished record. The Wildcats blew through their non-conference schedule with 12 wins by double-digits before an eight-point victory at arch- rival Louisville to close out December. Then came a nine-day layoff and the tougher-than-expected 89-86 win over Ole Miss.
Aaron Harrison scored 12 points and grabbed seven rebounds for the Wildcats before fouling out in the second extra period on Saturday. Karl-Anthony Towns fouled out in the first extra session, finishing with nine points and nine rebounds. Johnson contributed eight points and nine boards in the victory.
House scored a career-high 25 points and added nine rebounds for Texas A&M (9-5, 0-2), which was coming off a 65-44 drubbing on Tuesday at Alabama in its SEC opener. Roberson added 11 points and eight boards in defeat.
"I'm disappointed for our guys because we had every opportunity to win," Texas A&M head coach Billy Kennedy said. "Kentucky made plays when they had to."
The Aggies, who played without leading scorer Jalen Jones for a second straight game because of a sprained ankle, were clearly no pushover for the Wildcats. They scored the first nine points of the game and led by as many as 11 in the first half before finally coughing up the big cushion in the second half. Kentucky, though, couldn't hold a seven-point lead late, managing just one field goal over the final nine minutes of regulation.
Texas A&M had the ball down 53-51 with just over 90 seconds left and Antwan Space's try from beyond the arc hit the rim twice before coming down in the hands of Roberson for another chance. House, though, also missed from 3-point range and the rebound went out of bounds to Texas A&M, but Alex Caruso's tough layup attempt missed.
Kentucky went the other way with a 2-on-1 break, but Andrew Harrison's layup rolled off the rim with 22 seconds to play and the Aggies broke the other way. House drew a block on his way to the basket and made both free throws to knot the contest at 53-53 with 18 seconds remaining.
The Wildcats struggled to find a shot and called timeout with 1.3 seconds to play. Texas A&M then countered with a timeout to adjust its defense and Aaron Harrison's attempt from well beyond the arc hit the back of the rim as time expired.
Booker's layup in the first minute of the extra period gave Kentucky the lead and was the only field goal of the first extra period. Texas A&M managed three free throws, the last two by House with 1:58 remaining, for a 56-55 edge.
Tavario Miller made the second of two from the line with 27.3 seconds left for a two-point advantage, but Lyles connected on two from the stripe with 6.1 seconds remaining to tie it and Alex Robinson's 30-footer wasn't close to force an additional period.
Robinson scored 10 for Texas A&M, which shot 33.3 percent from the field and held Kentucky to just 28.1 percent shooting ... The Aggies made only 2-of-15 3-point tries and connected on just 16-of-30 from the line ... The Wildcats made 9-of-28 from beyond the arc and drained 28-of-35 from the stripe ... The Harrison twins combined to make just 6-of-30 shots for Kentucky ... Texas A&M fell to 2-5 all-time against Kentucky. Both meetings in College Station ended in Kentucky overtime victories, including a 72-68 triumph in 2013 ... The Aggies fell to 0-7 all-time against the top-ranked team in the nation ... A&M will remain home to face Mississippi State on Tuesday ... Kentucky will return to Rupp Arena on Tuesday to welcome Missouri.
During the 2015 budget, the government announced its plans for a fully digital tax system. In providing this system they hope to reduce time delays, remove the need for taxpayers to inform HMRC of information that they already have and provide digital access to accounts for taxpayers.
This really is just the government and HMRC keeping up with the ever increasing use of technology available to speed up and simplify what we do. Most are using technology at an exorbitant level already without even thinking about it with our banking, paying bills, shopping, running our businesses and making appointments being just a few examples of everyday use.
With a long consultation process, there are still some unknowns but it looks like 2020 is a date that HMRC have in mind for this to be in full working order, which may seem some way away but in reality it will arrive sooner than you think.
In terms of getting ready for making tax digital, the best advice that can be given now is to ensure that you are keeping accurate accounting and tax records and even to look at making the step into the digital accounting and taxation world early by researching some of the software that is already available.
For example, Sage One is cloud based software that can enable businesses to embrace technology to help keep your accounting and taxation matters in good order. There are functions for invoicing, debtor and creditor control and downloading bank transactions effortlessly all within one system.
Once using a system such as this, you will find the next step to making tax digital far less daunting and it’s likely that you will see other business benefits too.
If you would like to discuss your circumstances in greater detail, Ashdown Hurrey can advise on this matter in addition to other tax, accountancy and business matters. Contact Martin Copland on 01424 720222 or email him at martinc@ashdownhurrey.co.uk.
The self-assessment filing deadline is fast approaching. If you haven’t filed your self-assessment tax return yet and would like a free consultation to find out how we can assist, please get in touch.
WASHINGTON — Federal Reserve Chair Janet Yellen, the first woman to head the nation’s central bank, got a boisterous send-off from Fed staff, but she isn’t taking any time off. After her last day at the Fed on Friday, she will start a new job Monday at the Brookings Institution.
The Washington think-tank announced that Yellen will be joining the institution’s Hutchins Center on Fiscal and Monetary Policy as a distinguished fellow in residence. One of her colleagues will be her predecessor, former Chairman Ben Bernanke, who joined Brookings in 2014 when he stepped down from the Fed.
In an interview on her last day, Yellen said for the first time publicly that she was disappointed that President Donald Trump did not nominate her for a second term. She is the first Fed leader not to be given the chance to serve a second term in four decades.
But Yellen said that she was grateful for the Fed career she did have which covered not only a four-year term as Fed chair but also serving as Fed vice chair for four years before that and also service as president of the Fed’s San Francisco regional bank.
Trump decided against offering her a second term and instead tapped Fed board member Jerome Powell. Powell will be sworn in Monday.
Hundreds of Fed staffers gathered Thursday to celebrate Yellen’s Fed tenure, welcoming her with prolonged applause when she appeared in the Fed’s giant atrium, according to participants at the staff gathering. Yellen told the staff that they would be in good hands under Powell’s leadership.
In his remarks, Powell praised Yellen as the most qualified person to hold the job of Fed chair in the central bank’s history.
Powell, who has served on the Fed board with Yellen since 2012, ended his remarks by popping the collar of his suit jacket. He joined other Fed staffers and others online have used the #PopYourCollar hashtag on social media in recent days in tribute to Yellen’s trademark wardrobe style of wearing her collars turned up.
It wasn't the only costume they rocked this past week.
Ariel Winter and her boyfriend Levi Meaden decided to go a tad retro for one of their Halloween costumes, where they dressed up as Kid Rock and Pamela Anderson circa the early 2000’s. Read on for all the details.
Ariel and Levi attempted to recreate the looks that Kid & Pamela wore to the 29th Annual American Music Awards.
"Don’t worry, we’re also concerned by the accuracy," she wrote on the pic (seen here). Many of her followers complimented the Modern Family star on the costume, with one saying "Bwuhahaha! Spot on."
Nicky Hilton Rothschild did something similar when she dressed up as her sister Paris from when she turned 21 in 2002 on Friday night.
This isn't the only costume that Ariel and Levi wore this year, as they were spotted dressed as two characters from The Incredibles while leaving a party on Friday.
The 21-year-old's look was fairly spot on compared to the character of Helen Parr, originally voiced by Oscar winner Holly Hunter when it was released in 2004.
Which Halloween costume of Ariel and Levi's do you like better? Sound off in the comments!
Now at 8-1, Denver is one of just four NBA teams with only a single loss.
With every passing game, the improved Nuggets defense looks more and more legit.
Denver Nuggets Rundown is a regular series of digests rounding up news, notes and numbers from the most recent set of Denver Nuggets games. The previous Rundown can be found here. Stats are from NBA.com unless otherwise indicated.
The Nuggets have ridden their newly improved defense and bench play to an 8-1 record, their best since the 1976-77 season, even as finding their former offensive groove continues to elude them.
Now at 8-1, Denver is one of just four NBA teams with only a single loss. Since the last rundown, they have slipped just one spot to second in the Western Conference after only the Golden State Warriors (who have one additional win), but still lead the Northwest Division. This is the Denver Nuggets’ best season start since the 1976-77 season, when they also began 8-1. Their single loss came on the road against LeBron James’ motivated Lakers squad, but has since been far outshined by winning the last four straight, capped by an important division win against the scrappy Utah Jazz.
As I wrote for Forbes following the announcement, the revival of the distinctive motif represented much more than merely a new uniform design. It is part of a larger constellation of moves the organization is making to celebrate and embrace the Nuggets franchise’s rich cultural heritage.
Nuggets drill Jazz 103-88 -- winning eighth of ninth game to start the season. As @BobbyMarks42 says, nine players under 23 years old on the second youngest team in the NBA. Isaiah Thomas should join bench unit sometime in December. Denver's a problem in the West.
In a previous article for Forbes I wrote about how Thomas should be able to provide the Denver bench a big boost. If he can indeed return by December, it will be welcome news for a Nuggets team which has found ways to win, but continues to struggle in their efforts to recapture the offensive magic of the past two seasons. It will also, however, put Michael Malone in the tough situation of figuring out what to do with Monte Morris, who has done a commendable job backing up Jamal Murray at point guard. In 21.2 minutes per game this season, Morris is averaging 7.6 points, 3.4 assists and 1.1 steals, and is fourth in the NBA in assist-to-turnover ratio, a mark of his ability to competently run the point while minimizing mistakes.
The Nuggets' much-improved bench has been a major contributor to their success. Not only is Denver's second unit 6th in the NBA with a net rating of +2.8, their four best players in net rating in games five through nine are Juancho Hernangomez, Malik Beasley, Mason Plumlee and Trey Lyles, all of whom come off the bench. As the starters have been tending to start slow in games and struggle to find their offensive footing, it has often been the bench who has come to their rescue and kept the team competitive.
It was Star Wars night, so perhaps Plumlee was able to use The Force to will the ball through the hoop. Either way, Nuggets fans may never have the chance to see this happen again, so hopefully they will fully savor the moment.
Against Utah, Nikola Jokic had another historic performance, this time an epic 16-assist game. It was only the third time in the last 50 seasons a center has dished out 16 or more dimes, per Basketball-Reference.com. The previous instance was also Jokic at the Milwaukee Bucks last season in one of his best career performances, a 30-point, 15-rebound and 17-assist triple-double. And the last case before that was a 16-assist performance by the Indiana Pacers’ Clemon Johnson in 1982.
The Nuggets assigned second-round draft pick Thomas Welsh to the G League. One of Denver’s two-way contract players, Welsh will be playing for the Washington D.C.-based team the Capital City Go-Go.
Welsh put in a solid performance in his first G League outing, putting up 7 points, 12 rebounds and 5 assists in 29 minutes of action. It should be a good developmental opportunity for the rookie to log playing time he would not be able to get sitting at the end of the Nuggets bench.
The Nuggets will play five of their next six games at home in the Pepsi Center before moving on to an intensely away-heavy stretch of the schedule in which they play nine of eleven games on the road. Although they have been winning games with their defense to get off to their hot season start, the number of difficult opponents they will soon be facing, if they do not quickly start rediscovering their offensive proficiency, their .889 winning percentage could quickly start dropping. Gary Harris and Jokic have both been rocks this season, but the Nuggets desperately need Jamal Murray to start improving his shooting percentages, especially in lieu of Will Barton’s continued injury absence. And while he should be able to deliver on this, it is high time to start really demonstrating so on the court.