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He described Mr. Perelman — his longtime friend, client and business partner — as a "deadbeat" and "bully" in court papers, saying he should be sanctioned by the judge for bringing the "frivolous" action.
"I'm relieved this frivolous action has ended," he said.
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"We fully anticipate that we will prevail against these frivolous actions," the statement said.
In February 2002, a Tax Court judge dismissed Ms. Kuglin's claims of I.R.S. irregularities in determining she owed taxes for 1994 and 1995, but declined an I.R.S. request to impose penalties on her for filing frivolous actions to delay collection.
Normally, this kind of frivolous legal action wouldn't merit much attention.
"A disturbing trend has emerged where adversely affected companies initiate frivolous legal action to chill the exercise of the Copyright Act's inalienable termination right.
The law, designed to eliminate frivolous class action investor lawsuits, seemingly backfired.
In a statement Wednesday, lawyers for the plaintiffs accused Republicans of taking frivolous legal action and wasting taxpayer money.
The Private Securities Litigation Reform Act of 1995 was meant to curb frivolous class-action suits within the field of securities law.
Supporters say it would reduce frivolous legal actions that end up mainly benefiting the lawyers who file them.
When Mr. Bush threatened to veto the original Senate bill last week, he said it provided "no effective limitations on frivolous class-action suits".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com