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State Regulators Declare Registration Do's and Don'ts
Attorneys seeking to obtain or renew franchise registration in state-registration states are always interested in how to get those state registrations quickly and with the least amount of back-and-forth with regulators. At the “Ask the Regulators” session at the IFA's 2010 Legal Symposium, representatives of three registration states offered suggestions about how to make the process run more smoothly.
Timothy O'Brien, chief examiner, Virginia Division of Securities & Retail Franchising, said that new franchise registrations were down about 25% in 2009, reflecting fallout from the economic downturn. “New franchise applications had been growing at 5% to 10% per year, but the 25% drop last year knocked us back to the levels we had seen in 2004,” he said. “Renewals were down about 6.5%. This year, we're seeing a small uptick from that level.”
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.
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?
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.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
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.