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In the Courts
Non-incarceration Sentence Affirmed By Ninth Circuit In Copyright Case
A divided panel of the Ninth Circuit Court of Appeals affirmed a non-incarceration sentence imposed by the district court despite a 41- to-51-month advisory guideline range. Thomas Michael Whitehead was convicted by a jury of violating the Digital Millennium Copyright Act, among other federal laws, for selling over $1 million worth of counterfeit “access cards” that allowed his customers to access DirecTV's digital satellite feed free of charge. United States v. Whitehead, Nos. 05-50458, 05-50506, slip op. at 8719 (9th Cir. July 14, 2008) (per curiam). Whitehead's advisory guideline range was 41- to 51 months' imprisonment, but the district court imposed a sentence of probation, community service, and restitution.
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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."