LAWSUITS NEWS & LEGAL INFORMATION
Arrigo and Giuseppe Cipriani
New York, NY: (Aug-12-07) A federal lawsuit was brought against Arrigo Cipriani and his son, Giuseppe Cipriani, who run restaurants owned by the Cirpiani family, including the Rainbow Room, alleging that the duo engaged in tax evasion tactics.
In a settlement reached, patriarch Arrigo Capriani and CEO of the Cipriani USA Inc., Giuseppe Cipriani agreed to pay $10 million to resolve the tax evasion allegations. Since the two are now convicted felons, the State Liquor Authority stands to strip their company of its liquor licenses. According to federal law, the state law forbids convicted felons, whether a person or a company, to sell alcohol. The only way to retain the licenses would be to obtain special permission by either the sentencing judge or the parole board or to be pardoned by Gov. Spitzer. Besides the Rainbow Room, the Ciprianis own and operate Cipriani Dolci, a huge restaurant and popular event space at Grand Central and Cirpiani Downtown, a Soho hangout. [GOTHAMIST: TAX EVASION]
Published on Aug-14-07
In a settlement reached, patriarch Arrigo Capriani and CEO of the Cipriani USA Inc., Giuseppe Cipriani agreed to pay $10 million to resolve the tax evasion allegations. Since the two are now convicted felons, the State Liquor Authority stands to strip their company of its liquor licenses. According to federal law, the state law forbids convicted felons, whether a person or a company, to sell alcohol. The only way to retain the licenses would be to obtain special permission by either the sentencing judge or the parole board or to be pardoned by Gov. Spitzer. Besides the Rainbow Room, the Ciprianis own and operate Cipriani Dolci, a huge restaurant and popular event space at Grand Central and Cirpiani Downtown, a Soho hangout. [GOTHAMIST: TAX EVASION]
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