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Movers & Shakers
Frederic 'Ric' Cohen and Amy Cheng left DLA Piper to start a new franchise and distribution law firm in Chicago. Building on the skills of its founding partners, Cheng Cohen LLC will conduct both transactional work and litigation. 'Amy is outstanding on counseling, registration, and disclosure work. Startup franchisors that need advice about getting up and running are very comfortable working with her ' and we feel we can grow with them,' said Cohen. 'My background is in litigation.'
In mid-April, Bradley S. Block left his position as managing counsel of the commercial litigation group for McDonald's to join Loevy & Loevy, a Chicago law firm. At Loevy & Loevy, Block will develop a franchise litigation practice, as well as work in other disciplines that complement the firm's existing commercial litigation practice. 'I worked on every type of commercial litigation at McDonald's,' said Block. 'I have been on the inside, and so I understand what the franchisor is thinking before the decision is made to litigate ' what is motivating the business people. I hope that both franchisors and franchisees view that experience as reflective of my ability to help them solve problems ' before litigation.'
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.
'Insurable Interest' and the Scope of First-Party Coverage
This article reviews the fundamental underpinnings of the concept of insurable interest, and certain recent cases that have grappled with the scope of insurable interest and have articulated a more meaningful application of the concept to claims under first-party property policies.