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Drug & Device News
Feds Put Pressure on Medical Marijuana Dispensaries' Landlords
Arcata, CA, attorney Steven Schectman has filed suit in federal court against the Drug Enforcement Administration (DEA), alleging the agency violated the civil rights of so-called 'pot club' owners when it sent threatening letters last year to California landlords who rent to the marijuana dispensaries. The letters, which told the landlords that 'federal law takes precedence over state law,' informed the landlords that the DEA considers it a federal crime to aid drug-selling businesses and that Proposition 215 ' which in 1996 legalized medical marijuana in California ' will not be accepted as a defense to protect them from authorized penalties of up to 20 years in prison and the loss of their property.
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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."