Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Blackmail and the CEO

By Steven F Reich and Cristina M. Posa
September 27, 2006

The scenario: You are the well-known CEO of a publicly traded New York-based company. You and your wife are 'A-Listers' on the charity circuit and sometime subjects of stories in the society pages and on entertainment television. Your meticulously crafted, wholesome-as-apple-pie image is that of a devoted husband and father of three children. Your ability to craft such a public image (with the help of expensive PR specialists) has been integral to the success of the company you run, which has carefully wrapped its own business and image around you.

What nobody knows is that you have been having an affair for years with a married woman with kids of her own. If this became public, not only could it spell ruin for your image, but could make your company fodder for late-night comedians. 'Well,' you have told yourself at least once a week since you started the affair, 'stop worrying. No one will ever find out.' That seemed an okay answer until yesterday, when you learned that somebody indeed has found out.

This premium content is locked for Entertainment Law & Finance subscribers only

  • Stay current on the latest information, rulings, regulations, and trends
  • Includes practical, must-have information on copyrights, royalties, AI, and more
  • Tap into expert guidance from top entertainment lawyers and experts

For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473

Read These Next
Bankruptcy Sales: Finding a Diamond In the Rough Image

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 Image

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 Image

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 Image

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.

Supreme Court Rules Rejection of Trademark License Does Not Rescind Rights of Licensee Image

Mission Product Holdings, Inc. v. Tempnology, LLC The question is whether a debtor's rejection of its agreement granting a license "terminates rights of the licensee that would survive the licensor's breach under applicable nonbankruptcy law."