Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Court Watch
Distributor Not a Franchisee Under Connecticut Franchise Act
In Echo, Inc. v. Timberland Machines & Irrigation, Inc., 661 F.3d 959 (7th Cir. Oct. 25, 2011), the Seventh Circuit held that a supplier and distributor did not have a franchise relationship where less than 50% of the distributor's sales resulted from the supplier's products. The case arose out of the termination of the relationship between a distributor, Timberland Machines & Irrigation, Inc. (“TMI”), and a supplier, Echo, Inc. The parties entered into a distributor agreement in 2004, under which TMI distributed outdoor power equipment supplied by Echo in a territory covering several states in New England. On Oct. 21, 2008, Echo gave TMI written notice of its intent to terminate the distributor agreement in 60 days. After the notice period, Echo terminated the distributor agreement and gave the territory to another distributor.
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.