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Richard M. Cooper Retires As Chairman
With this issue, Richard M. Cooper retires as Chairman of the Board of Editors of Business Crimes Bulletin. Cooper, a Rhodes Scholar who began his legal career as law clerk to Supreme Court Justice William Brennan and later served as Chief Counsel of the Food and Drug Administration (1977-79), was an original Board member, appointed in 1994 by the Bulletin's founder, Jed S. Rakoff (now U.S. District Judge for the Southern District of New York), whom Cooper succeeded as Chairman in 1996 after Judge Rakoff was named to the bench. Despite
Cooper's busy schedule as a litigation
partner at Williams & Connolly in Washington, DC, he always found time to recruit new Board members and encourage old ones with an eye for the high-quality articles they contribute to this newsletter. Cooper's own articles have appeared twice a year throughout his tenure, beginning in March 1994 with 'Corporate Regulatory Crimes and the Sentencing Revolution.' We look forward to another Richard Cooper article later this year. Our readers, Board members and staff have benefited greatly from his contributions and support.
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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.
Supreme Court Rules Rejection of Trademark License Does Not Rescind Rights of Licensee
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."