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Do Four Proposed Franchise Laws in Belgium Make EU-Wide Laws Inevitable?
The tide of franchise regulation in Europe continues to flow, as the Belgian parliament is the latest of the EU member state legislatures to consider enacting not one, but four distinct franchise laws. Does this make regulation of franchising on an EU-wide basis inevitable?
Law One ' Disclosure. Following the example of France, Spain, and most recently, Italy, the Belgian Chamber of Representatives is currently considering a bill introduced on Oct. 8, 2003 that will regulate the contents of franchise agreements and provide for precontractual disclosure in a similar manner to the French, Spanish, and Italian legislation. If the bill passes into law, it will oblige franchisors to provide potential franchisees with details of the franchise system and the agreement before they enter into the franchise agreement. Any franchisor who fails to comply with the disclosure requirement will find its franchise agreement to be unenforceable, enabling franchisees to walk out on the franchise at any time, free from any non-compete or other restrictions.
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.
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.
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?
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.