Not every tax case involves a billionaire real estate tycoon, UBS, Gibson Dunn & Crutcher and a Russian general hinting that he once could have nuked the Internal Revenue Service off the face of the earth.
In a rollicking 28-page ruling, U.S. District Judge Andrew Guilford in Santa Ana, Calif., dismissed a $1.7 billion suit against UBS brought by Igor Olenicoff, a Russian-born California developer who pleaded guilty to felony tax evasion in 2007 and paid the government $52 million.
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