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H&H Bagel Baron Accused of Stealing Tax Dough, UI Dumping

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Helmer Toro, co-founder of the H&H Bagels empire, was indicted by a grand jury in New York City today on felony charges accusing him of stealing withholding taxes from his employee's paychecks, and manipulating his company's New York State unemployment insurance tax payments at an illegal, lower rate.

If convicted, the 59-year-old dough boy could be sentenced to 15 years in state prison after a 37-year career in the bagel business.

Manhattan District Attorney Robert Morgenthau announced that the investigators from his office found that Toro (inset) "collected but failed to pay $369,318.77 withheld from the payroll of the employees of his bagel business."

In bagelese, he's accused of stealing hundreds of thousands of dollars in dough from the employees of his bagel empire -- dough that his workers withheld from their paychecks so that Toro's company would submit it to New York tax authorities.

Lawsuit Against Annie Leibovitz Being Settled; Terms Unclear

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The lawsuit over a $24 million loan filed by Art Capital Group against acclaimed photographer Annie Leibovitz has been settled, according to a statement from spokespeople ACG and Leibovitz.

But answers regarding the exact terms of the settlement remain unclear.

Annie Leibovitz and Lender Focus on Legal Negotiations

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After yesterday's original deadline passed for acclaimed photographer Annie Leibovitz to repay the $24 million loan she obtained last year, she and lender Art Capital Group are reportedly in negotiations to resolve the legal dispute.

Legal Lens on Annie Leibovitz Loan Due Today

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Renowned photographer Annie Leibovitz has her legal close-up today when a $24 million loan that she secured in 2008 from Art Capital Group, Inc. ('ACG') and its afilliate, American Photography, LLC is due to be repaid.

It doesn't appear that this is the kind of focus that Leibovitz needs right now.

But according to ACG's lawsuit against Leibovitz (see below), the photographer's own "dire financial condition" is responsible for the legal scrutiny that she has brought upon herself.  The suit alleges that she had "sophisticated counsel" to help her negotiate and understand the agreement.

Now, her lender wants a court order allowing it to be Leibovitz' "exclusive sales agent" for her artwork and real estate holdings,

Companies controlled by Dallas Mavericks owner Mark Cuban were sued by Hillwood Center Partners, LP, holder of a limited partnership with a 7.5% interest in Radical Arena, a Cuban-controlled entity holding the remaining 92.5% interest in roughly one-third stake in the American Airlines Center stadium where the Mavericks play.

The lawsuit accuses Cuban-controlled companies of failing to distribute profits to the arena's owners, and instead "wrongfully divert[ing profits] to the Mavericks to make up for the substantial cash shortfalls" of the team, "personally benefiting Cuban at the expense of Radical Arena and its owners."

The Pez Museum Lawsuit: A Not-So-Sweet Move?

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Can you say P.R. nightmare?  The owners of PEZ might be doing just that after filing a trademark infringement lawsuit against the Burlingame Museum of PEZ Memorabilia.

The brouhaha that Swiss-based Patrafico AG and U.S.-based PEZ Candy, Inc. created after attacking this venerable California shrine to its candy dispenser fanatics might actually be working against the company's brand-building efforts.

Here's why.

The California Supreme Court ruled on Monday that only the representatives of a class, and not the entire class, must meet standing requirements under amendments to the state's unfair competition law.

The decision came as part of a long-running class-action suit against cigarette manufacturers, and overturned a ruling by the Court of Appeals which decertified the class because not all of its members met the standing requirements as individuals.