BY:Kenneth M. Weinrib
On October 21, 2010, Ken Weinrib spoke on the computation of net proceeds and audits of motion picture studios, with reference to the recent case of Alan Ladd, Jr., et. al. v. Warner Bros. Entertainment, Inc. The Morgan Stanley-sponsored event, entitled, “Updates and Strategies for CPAs Working with High Net Worth Clients including Athletes and Entertainers,” addressed new policies and ways for business managers and accountants in the entertainment industry to approach dealing with wealthy clients including athletes and celebrities.