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Social Media: The Legal Implications on Franchise Systems
Do you know what it means to get dooced? Is a social media troll ugly? What is crowdsourcing, the blogosphere, and UGC? It is clear by now that social media is not going to be a fad and that it will instead be a significant part of everyday life. (To end the suspense, to get “dooced” means to lose one's job because of statements made on a blog. A “troll” is a person who posts negative comments on a social media page to cause disruption and argument. “Crowdsourcing” means giving an assignment traditionally performed by employees or consultants to a large, generally unorganized group of people. “Blogosphere” is a reference to the collective blog community. “UGC” means user-generated content. See www.urbandictionary.com.)
Since most consumers today expect social media to be part of the online presence of the retailers and businesses that they frequent, franchisors have to figure out how it fits into their and their franchisees' businesses, and franchise lawyers have to figure out the legal implications of their clients' choices and actions. Social media usage can touch on many different legal issues affecting a franchise system. This article will not attempt to cover them all, but rather focus on general social media legal issues that may be new to franchisors, as well as critical franchise-specific legal issues.
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.