I Sue You, You Sue Me
Seven years ago, Lyons Partnership -- the Allen-based company best known for feeding and bathing Barney -- paid the dino's creator, Plano's Sheryl Leach -- some $65 million as a "contract termination payment" when HIT Entertainment took the leash. Only, says the Internal Revenue Service now, that lump-sum payment wasn't kosher, and it's filed a federal lawsuit against Lyons Partnership to prove it. Reports Forbes, the IRS says now that payment should have been spread out in smaller payments over several years. Which the delightfully litigious Lyons Partnership disputes. Though there's still one thing we can all agree on: Barney is the devil. --Robert Wilonsky
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you'll never miss Observer's biggest stories.