Admits he shouldn’t have included his wife on the trip
Clive Davis talks about how a trip he went on and how it was unavoidable to include his wife because the traveling was over the holiday season.
Read Full Video Transcript:
The only thing I pled okay to because it was a misdemeanor was a vacation that I took to Jamaica to explore the Kingston recording studios. And it was around the holiday and I took my wife and I agreed that my wife should not have been a business expense. I had to take her. It was a holiday. And it was a misdemeanor.
It turned out that there was a law on the books that any tax matter of any amount, this was like 2, 000, 2, 500, would cause a lawyer’s license to be suspended. And you have the right to take the bar exam to get back your license. I was shocked to find that out. Here I was, head of Columbia, head of Ariston now, hitting on all sides. But it so bothered me that there’d be any blight on my record.
I took the bar again and passed. And the suspension was lifted.