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News Briefs
Gold's Gym Franchise Closures in Dallas Lead to New Regulations
Texas legislators have tightened regulation of health spas in the wake of consumer complaints that they could not get refunds for long-term memberships they purchased from a Gold's Gym franchisee in the Dallas area that went out of business. HB 135, which came into effect on Sept. 1, increases the surety bond that a health spa operator must post from $20,000 to as much as $50,000, depending on the spa's membership base. The law requires the secretary of state to check each spa operator at least every 3 years to determine if the size of the bond is still sufficient. It also requires the state comptroller's office to confirm that the spa operator has a certificate of registration before issuing a sales tax permit. And it requires a posting of intent to move or close a spa location 30 days prior to the closure or move.
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?
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.
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.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
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.