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In the Marketplace
In a recent forecast, R. L. Polk & Co., a Southfield, MI based automotive information and marketing solutions provider, concluded that while the commercial vehicle market will begin growing again in 2010, volumes will still be significantly below 2005-2007 levels through 2013.
According to Polk, in 2006, commercial vehicle registrations reached their peak volume of 802,100, with 448,200 heavy trucks (GVW 6-8) and 353,900 medium trucks (GVW 3-5). Last year, however, the total commercial vehicle registration volume fell to 485,000. Continued economic difficulties have resulted in a forecasted volume of 380,600 in 2009. As the economy recovers after a projected “bottoming out” of the housing market in July 2009, commercial vehicle sales are expected to trend upward. By 2013, total commercial vehicle registrations are expected to hit 583,900 (approximately 317,000 GVW 3-5 and 267,000 GVW 6-8 vehicles), still well below pre-2008 volumes.
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.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.