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Robinson's exit, first reported Tuesday by the Los Angeles Times, means Tutor will either have to make up the money himself or start seeking additional outside investors.

Morgan Creek's role was to sell Miramax's movies. The loss of Robinson  means Tutor and his group will have to find someone else to be in charge of the studio's 700-title library.

Moreover Robinson's departure leaves controversial film financier David Bergstein as the person involved in the Miramax deal with the most Hollywood experience. Bergstein was one of the deal's architects and has been serving in an advisory capacity.

The Times also reported that another potential investor, retired engineer and philanthropist Jerome Swartz, pulled out along with his expected $25 million to $50 million.

Robinson, however, never put any cash up as part of the $40 million non-refundable deposit that Tutor and his investors used to secure the Miramax purchase last July. Part of his hesitancy, was that, boasting the most film business experience of the investors, he hoped to get a more significant role in the company, according to an individual with knowledge of the negotiations.

Tutor, apparently, was not able to devise a part that was attractive enough to induce the veteran executive to come on board.

New Instructors Announced!

Bees’ Knees Dance is excited to introduce our new teaching duo in Toronto. Phil Bourassa joins the team to partner with Chelea Lefaivre. Chelsea joined the team in the spring to help out while Shannon and Jasper were abroad and we’re excited to give them their very own classes, now on Sundays at 4pm!

Here’s a video of a performance that Phil and Chelsea did together.

Phil Bourassa

Dance Instructor (Toronto)

Phil lives and breathes Lindy Hop. After having tried other forms of dance, he was invited to a Swing dance at the Palais Royal in Toronto where he saw Lindy Hop for the first time. He was immediately hooked.

His passion for Lindy Hop, its culture and its history has sent him to cities all over Canada, the U.S., Europe and Australia, dancing and working with some of the world’s top dancers.

Phil loves to perform and usually never gives up the opportunity to dance in front of an audience. In Toronto, he’s been a part of two local dance troupes, including Capital Dance Productions. He’s also been featured twice on Much Music’s Much on Demand, CP24, Nuit Blanche, The Luminato Festival, and many other festivals and charity events in the Toronto area.

When he’s not out social dancing, Phil enjoys training, writing choreography, DJing at Swing dances, rehearsing routines, watching dance videos, tap dancing and teaching. His main goal in teaching is to share his passion for the dance, promote awareness and improve the local scene.

Chelsea Lefaivre

Dance Instructor (Toronto)

Chelsea comes from an early background of ballet, tap and jazz training, however, these interests quickly gave way to hockey and soccer. She rediscovered dance – in particular swing dance – at her University’s swing dance club and has been swinging out ever since. Her love of dance stems from a deep-seated desire to fly which she acquired from multiple, repetitive viewings of Mary Poppins and Peter Pan. From this, evolved a passion for fast dancing and aerials – her dance specialties. She is also known for her skill in Rock and Roll, Charleston, Balboa and East Coast Swing. She can often be found flying around the various dance floors of the Toronto scene and many other cities during her travels.

This Week in Swing
thisweekinswingnyc.blogspot.com

*** Important disclaimers: this blog does not include regular weekly gigs, due to time limitations in covering the swing community. Please check out Yehoodi if you’re looking for regular weekly gigs or Swing 46’s website. Also please note that much of this comes off various discussion forums, so if something changes, I do my best to update it, but this blog contains no guarantees as everything is subject to change based on event organizers.***

****************

Friday, July 9

Gypsy Jazz Caravan
Paddy Reilly’s
2nd Avenue at 29th Street
8-10pm
Cover $5

White Heat NYC and MC Horowitz Present the New York Moonshiners for a night of live New Orleans jazz and dancing at Basic Ballroom NYC! Come on out on Friday, July 9th for a spectacular night.

Doors open at 9:30 and the party goes on till 1AM!

Located at 355 W. 35th street, Basic Ballroom features over 3000 square feet of beautiful dance floors and great acoustics for your dancing pleasure.

Soda and Water available, BYOB encouraged.

Tickets available online at:
http://www.inticketing.com/events/108804

Early bird pricing available for the first 20 tickets, get 'em while they're hot!

$16 early bird, $18 online, $20 at the door.

Celebrate Bastille Day Ball 2010
Friday, July 09, 2010 7:00 PM - 1:00 AM
The Harmonie Club - 4 E. 60th Street, New York, NY

Dance to 2 Live Orchestras: George Gee and his Jump, Jivin’ Wailers as well as La Vie en Rose in seperate ballrooms. We have exclusive use of one of NY's most sophisticated venues.

3 Ticket options:

BLEU $30 online ($35 at the door) : General admission; cashbar.
BLANC $95 online: Admission + buffet + open bar 7:30 - 9:30pm.
ROUGE $200 : Red Carpet treatment + gourmet buffet dinner + open bar til 12am + VIP seating.

Early Bird Discount: Act Fast!!!

First #100 Bleu tickets only $15
First #50 Blanc tickets only $75
First #25 Rouge tickets only $150

Silent Auction: "The Art of Being French"

A portion of the proceeds will benefit L'Entraide Française Inc as well as The French American Charter School of NY, in Harlem

21 & over, please

Website: http://www.bastilledayball.org
E-Mail: info@bastilledayball.org

Saturday, July 10
Saturday, July 10, 2010 at 6:30
Dance Lesson at 6:30, Live Music at 7:30
“Fluid, engaging, potent, witty.” – Minneapolis Star Tribune
Trombonist-composer Wycliffe Gordon was on hand when swing found a permanent home at Lincoln Center two decades ago, and his career keeps hitting new plateaus. Playing for dancers in a Saturday evening slot is a particularly juicy platform for him: Gordon has been around the world as a jazzer, but because his earliest roots are in gospel music, he knows quite a bit about the frissons that turn Saturday-night hedonism into Sunday-morning confessions. And let's face it, isn't that who you want rocking your party?
Swing, Jazz
Lesson: Simone Coonrod of Swinging with Simone® teaches Swing
DJ: Andrew D'Angelo
Damrosch Park
62nd Street between Columbus and Amsterdam
Sunday, July 11
MoonDance
Pier 54 at 14th St.
David Berger Jazz Orchestra
Swing
July 11
Whether you’ve been dancing for years or want to learn how to boogie like a pro, Hudson River Park’s MoonDance is your chance to strut your stuff under the stars! Free lessons from Dance Manhattan begin the evening before New York City’s favorite dance bands perform. MoonDance takes place Sunday evenings on Hudson River Park‘s Pier 54 - no experience necessary. Featured styles include swing, tango and salsa. Free dance lessons begin at 6:30pm courtesy of Dance Manhattan. Live bands go on at 7pm!
Monday, July 12

The funeral for Benny Powell will be held:
July 12, 7 PM
Saint Peter’s Church
619 Lexington Avenue (at 54th Street)
New York, New York 10022-4610


A traditional service is being planned and is likely to include: Randy Weston and African Rhythms, a classical piece on violin played by one of his nieces, and Nextep featuring Frank Wess (Benny’s last group with whom he recorded). There will be New Orleans Brass band to play first and second line.

Wednesday, July 14
Catherine Russell and Cat & The Hounds Swing Band
Dance Lesson at 6:30, Live Music at 7:30
Sponsored by Capital One Bank ®
"The singer's gutsy blues croon - one of the best this side of Bessie Smith - could melt the ice in a bourbon on the rocks." — The Boston Globe
Vocalist Catherine Russell leads by stunning example, whether that means pushing her hot band with a fervor she got from her parents (Louis Armstrong collaborator Luis Russell and bassist Carline Ray) or busting a move onstage to show the groovers in the audience how the pros shimmy and shake. This year, Cat & the Hounds Swing Band gets to finish what it started last year. Dancers rejoice.
Jazz, Small Band Swing, Blues
Lesson: Joe Palmer teaches Swing and Lindy Hop
DJ: Phast Phreddie the Boogaloo Omnibus
Damrosch Park
62nd Street between Columbus and Amsterdam

Wednesday, July 14
* Meet Flapper Jane exhibition in Rotunda
* Exhibition tours of Samurai in New York: The First Japanese Delegation, 1860
* Music by DJ Don Spiro
* Raffle of Shakespeare in the Park tickets

Thursday, July 15
Matt Muisteri
http://www.brooklynpubliclibrary.org
Welome to Brooklyn Public Library on Thursday evenings this summer. At our FREE Plaza Swing Series you’ll hear great music and learn how to look just as great dancing to it. All 7 PM performances will be preceded by swing dance lessons from instructor Eve Polich at 6:30 PM. 


Saturday, July 17

Tribute to Illinois Jacquet featuring Harlem Renaissance Orchestra with special guest Frank Wess / Featuring the 2nd Annual Ambassador Prize Dance Contest
Saturday, July 17, 2010 at 6:30
Dance Lesson at 6:30, Live Music at 7:30
“A mean boogie-woogie.” – New York Amsterdam News
The patron saints of the night are two late legends: tenor sax star Illinois Jacquet and dance heavyweight Frankie Manning. The Harlem Renaissance Orchestra took over the season-finale slot when Jacquet passed in 2004, and adheres to the sophisticated blues-drenched swing that made his music tops uptown. It's the kind of robust music tailor-made for the Shim Sham, Manning's signature dance back when he was onstage and screen. The evening's Lindy Hoppers will be pulling out their best moves in tribute.
Big Band Swing
Lesson: Margaret Batiuchok teaches Swing
DJ: Larry Kang
Damrosch Park
62nd Street between Columbus and Amsterdam
The 2nd Annual Ambassador Prize Dance Contest
In Honor of the late dance legend Frankie Manning, one of the founding fathers of Lindy Hop.
The Lindy Hop dance contest will be held on at Midsummer Night Swing on Saturday, July 17, 2010 during the band break at 8:30. To sign up for the dance contest, or for more information, email lindyhop@lincolncenter.org . But hurry, the contest is limited to only the first 20 couples who sign up.
July 17 & 18
Save the Date - 5th Bi-Annual Jazz-Age Lawn Party on Governor’s Island
This Jazz Age Lawn party sends you to the 1920s with live music, dance, picnicking, and games. Free ferries leave from the Battery Maritime Building at 10 South Street, corner of South and Whitehall Streets.

When: July 17, 2010 at 11:00am

Where: Governors Island

Admission: $10

More Info: http://www.rivertorivernyc.com/events/eventDetail.php?eventID=3208

Tuesday, July 20

http://www.boilermakerjazzband.com
Join the Boilermaker Jazz Band for a free concert and dancing under the stars!

Fri., July 20
7:30pm
Asser Levy Band Shell
Surf Ave.,
Coney Island, NY

Wednesday, July 21
* Meet Flapper Jane exhibition in Rotunda
* Free tours of Cars, Culture, and the City
Raffle of Shakespeare in the Park tickets

Thursday, July 22
Bal Musette Swing Matt Muisteri
http://www.brooklynpubliclibrary.org
Welome to Brooklyn Public Library on Thursday evenings this summer. At our FREE Plaza Swing Series you’ll hear great music and learn how to look just as great dancing to it. All 7 PM performances will be preceded by swing dance lessons from instructor Eve Polich at 6:30 PM. 

Friday, July 23
LES Hot Club
Paddy Reilly’s
2nd Avenue at 29th Street
8-10pm
Cover $5

Wednesday, July 28
* Meet Flapper Jane exhibition in Rotunda
* Former borough historian Cal Jones provides free tours of America’s Mayor: John V. Lindsay and the Reinvention of New York
* Raffle of Shakespeare in the Park tickets
Live music by Gelber and Manning

Thursday, July 29

Matt Muisteri
http://www.brooklynpubliclibrary.org
Welome to Brooklyn Public Library on Thursday evenings this summer. At our FREE Plaza Swing Series you’ll hear great music and learn how to look just as great dancing to it. All 7 PM performances will be preceded by swing dance lessons from instructor Eve Polich at 6:30 PM. 



Saturday, July 31
Swing & Salsa at YSBD

Wednesday, August 4
* Meet Flapper Jane exhibition in Rotunda
* Free tours of Cars, Culture, and the City
Music by Michael Arenella & His Dreamland Orchestra

Friday, August 6

Full Swing & Salsa Fridays
Join us for our new FULL SWING FRIDAYS where you'll enjoy every-"swing" you desire! Tempos range from lightening fast Lindy Hop and Balboa to the slow and bluesy! Put all your Swing/Lindy repertoire to work on these fun, social evenings. These evenings will also offer Salsa dancing in a separate room for the same low price.

8-9PM - FREE Intro Class
9:30PM-12:30AM - Swing 'til you drop AND SALSA TOO!!! 
**Admission:
$5 for Dance Manhattan Students
$10 for Guests


Sunday, August 8
MoonDance
George Gee Swing Orchestra
Swing 
August 8
Whether you’ve been dancing for years or want to learn how to boogie like a pro, Hudson River
Park’s MoonDance is your chance to strut your stuff under the stars! Free lessons from Dance
Manhattan begin the evening before New York City’s favorite dance bands perform. MoonDance
takes place Sunday evenings on Hudson River Park‘s Pier 54 - no experience necessary.
Featured styles include swing, tango and salsa. Free dance lessons begin at 6:30pm courtesy of
Dance Manhattan. Live bands go on at 7pm!
Wednesday, August 11
A hot swing trio playing classic jazz in the tradition of Louis Armstrong, Benny Goodman and Sidney Bechet.

Admission: Free

Additional Information: http://www.kevindorn.com/

* Meet Flapper Jane exhibition in Rotunda
* Exhibition tours of Samurai in New York: The First Japanese Delegation, 1860
* Phyllis Magidson will discuss Meet Flapper Jane, addressing the couture and manners of the Prohibition era
Music by DJ Don Spiro

Thursday August 12
http://www.brooklynpubliclibrary.org
Welome to Brooklyn Public Library on Thursday evenings this summer. At our FREE Plaza Swing Series you’ll hear great music and learn how to look just as great dancing to it. All 7 PM performances will be preceded by swing dance lessons from instructor Eve Polich at 6:30 PM. 

Friday, August 13
LES Hot Club
Paddy Reilly’s
2nd Avenue at 29th Street
8-10pm
Cover $5


Wednesday, August 18
* Meet Flapper Jane exhibition in Rotunda
* Former borough historian Cal Jones provides free tours of America’s Mayor: John V. Lindsay and the Reinvention of New York
Live music with Gelber and Manning

August 28 & 29
Save the Date - 5th Bi-Annual Jazz-Age Lawn Party on Governor’s Island

October 2 & 3
NYC Blues Blaze 2010

The Finance Minister tabled the Direct Taxes Code Bill, 2010 (DTC 2010) in the Parliament on 30 August 2010 which is proposed to come into force on 1 April 2012. Some of the salient features are outlined below:

General

• The Code proposes that every person shall be liable to pay income-tax in respect of the total income for the financial year. The concepts of “previous year” and “assessment year” are proposed to be done away with.
• Rates of tax as applicable to the persons are proposed under a schedule; for companies, individuals etc the maximum rate of tax is proposed at 30%. Additionally a domestic company would be required to pay a dividend distribution tax (DDT) of 15% on dividends declared, distributed or paid. Minimum Alternate tax (MAT) of 20% would be applicable on a company in case the tax based on the book profits is higher than the tax based on the profits as per the normal tax computation. A foreign company is required to pay an additional branch profits tax of 15% in respect of the branch profits.
• Levy of surcharge and education cess is proposed to be done away with.

Residence

• In the case of a company, it is proposed that the company shall be resident in India if it is an Indian company or if the place of effective management (POEM) is in India. POEM has been defined to mean the place where the board of directors or executive directors make their decisions or the place where such executive directors or officers of the company perform their functions and the board of directors routinely approves the commercial and strategic decisions taken by such executive directors or officers.
• In all cases, other than an individual, the persons would be a resident in India, if the place of control and management of the affairs, at any time of the year is situated wholly, or partly, in India.

Source rules

• Additional source rules for income arising to a non- resident are proposed to be introduced as income deemed to accrue in India; for e.g. insurance premium including reinsurance covering any risk in India, from the transfer of any share or interest in a foreign company, where the fair market value of the assets in India

owned by the company represent at least 50% of the fair market value of all the assets owned by the company etc.

Computation of total income

Income has been proposed to be classified as income from ordinary sources and income from special sources; Income from ordinary sources would comprise of income from employment, house property, business, capital gains and residuary sources. Income from special sources would refer to specified income of non –residents, winning from racehorses, lottery etc. However where the income of a non resident is attributable to a PE, then the same would not be considered as income from special sources.

Personal taxes

• Changes in income slabs which will result in incremental savings in tax.
  • The concept of „Not ordinarily resident? is removed. The condition of 729 days has been retained to determine the taxability of overseas income of an individual
  • A person not entitled to HRA is allowed a deduction of rent paid upto 10% of GTI or INR 2000 per month & other conditions as may be prescribed
  • Exemption for medical expenses has been increased to INR 50,000.
  • Contribution to approved funds is deductible to the extent of INR 1 lacs.
  • Deduction for insurance premium (not exceed five percent. of the capital sum assured), Health Insurance covered & Tuition fees to the extent of INR 50,000.
  • Wealth tax to be levied at 1% for wealth in excess of INR 10 million

Capital gains

• Income from all investment assets to be computed under the head „Capital gains?. Investment asset to include any capital asset which is not a business capital asset, any security held by a Foreign Institutional Investor and any undertaking or division of a business.
• Distinction between short-term investment asset and long-term investment asset on the basis of the length of holding of the asset to be eliminated.
• No tax on gains on transfer of shares of a company or unit of equity oriented fund that are held for more than one year and such transfer is chargeable to Securities Transaction Tax (“STT”). STT would be chargeable on transfer of equity shares of a company or a unit of an equity oriented fund.
• Fifty percent of the capital gains are allowed as deduction on transfer of shares of a company or unit of equity oriented fund that are held for a period of one year or less and such transfer is chargeable to STT.
• The base date for determining the cost of acquisition to be shifted from 1 April 1981 to 1 April 2000. Consequently, all unrealized capital gains on assets between 1 April 1981 and 31 March 2000 not to be liable to tax.
• Cost of acquisition to be Nil, if cannot be determined or ascertained for any reason.
• Capital loss to be allowed to set off only against capital gains. The capital loss can be carried forward for indefinite period.

MAT

• Computation of book profits broadly similar to existing law
  • Credit for tax paid under DTC 2010, would be available. The credit would be allowed to be carried forward for 15 years.
  • MAT now applicable to SEZ developers and units in an SEZ

Tax incentives

The DTC 2010 provides for expenditure based incentives wherein capital expenditure incurred by the specified business would be allowed as a deduction. Specified businesses, amongst others would include generation,

transmission or distribution of power, developing or operating and maintaining any infrastructure facility, operating a maintaining a hospital in a specified area, SEZ developers and units established in an SEZ, exploration and production of mineral oil or natural gas, setting up and operating a cold chain facility, developing and building a housing project under a scheme of slum redevelopment etc.

Grandfathering provisions for SEZ developers and SEZ Units

Grandfathering of profit linked incentives under the Income-tax act, 1961 to continue for SEZ developers notified on or before 31 March 2012. In case of SEZ units, the deduction would be permissible for units commencing operations on or before 31 March 2014

Anti- abuse provisions General anti-avoidance rules

The characteristics of the originally proposed rules have been retained. Additionally it is proposed that an arrangement would be presumed for obtaining a tax benefit would include reduction in tax base including increase in losses. The provisions would be applicable as per the guidelines to be framed by the Central Government. Further the definition of lacking commercial substance has been amended to clarify that obtaining tax benefit cannot be the only criteria for applicability of GAAR.

Controlled foreign company (CFC) rules:

As indicated in the revised discussion draft, CFC rules have been incorporated to provide for the taxation of income attributable to a CFC to be taxed in the hands of the resident. A foreign company would be considered as a CFC which

• for the purposes of tax is a resident of a country or territory with a lower rate of tax
• the shares of the company are not traded on any stock exchange
• one or more persons individually or collectively exercise control over the company
• it is not engaged in any active trade or business
• the specified income exceed INR 2.5 million.

Rules pertaining to the computation of the income attributable to the CFC which would be required to be added to the income of the resident have been provided.

Tax treaty provisions

It has been proposed to revert to the provisions under the existing law, wherein the provisions of the Code shall apply in relation to an assessee to whom the agreement applies, to the extent they are more beneficial. However, the provisions relating to GAAR, CFC and Branch profit tax would continue to apply irrespective of the beneficial provisions of the tax treaty provisions. It has also been proposed that a person shall be entitled to claim relief under the provisions of the agreement on production of a certificate in the prescribed form, from the tax authorities of the country that such person is a resident of the country.

A resident in India would be entitled to claim credit of taxes paid or deducted at source in the country in accordance with the provisions of the tax treaty against the income tax payable in respect of the income for the financial year. Where tax has been paid or deducted in a country with which there exists no agreement credit can be claimed only at the lower of the rate of tax under the DTC 2010 and the tax rate levied in the other country. However, the credit cannot exceed the tax payable under the DTC 2010.

Source: Direct Taxes Code Bill 2010 tabled on 30 August 2010 in the Lok Sabha.

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Economic futurists talked about the promise of technology, not about the threat of debt, monopoly power and a resurgence of the old vested interests. They talked about the world becoming more equal. “Diminishing marginal utility” would make the wealthy more relaxed and less acquisitive. There was talk of Madison Avenue using “hidden persuaders” to confuse consumers into buying specific brand names, but not of politicians creating a deceptive populism based on junk economics. And nobody expected the academic curriculum to drop the study of economic history and the history of economic thought to eradicate warnings from the past about the road to debt serfdom along which today’s world is careening.