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Developments of Note
Virginia Governor Signs 'Toughest in the Nation' Anti-Spam Bill
On April 29, Virginia Gov. Mark R. Warner signed first-of-its-kind legislation that makes high-volume spamming a felony in that state. House Bill 2290 and Senate Bill 1139 amend the Virginia Computer Crimes Act's anti-spam provisions to make it a Class 6 felony to falsify header or routing information and to attempt to send unsolicited bulk e-mail exceeding 10,000 messages a day, 100,000 messages a month or 1 million a year. Also covered are e-mailings that generate $1,000 revenue for a single mailing or $50,000 from total transmissions. According to the governor's press release, the underlying statute has survived constitutional challenges and is grounded on e-mail passing through Virginia-based Internet service providers and so allows Virginia prosecutors to pursue criminal charges against spammers in other states and jurisdictions.
University Students Settle Music Piracy Charges with RIAA
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.