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Case Notes
MA Court Holds Plaintiffs in Class Actions Arising Out of Lead in Fruit Products Lacked Standing
In In re Fruit Juice Products Marketing and Sales Practices Litigation, C.A. No. 11-MD-02231-MAP (D. Mass. Dec. 21, 2011), the Environmental Law Foundation (ELF), a non-profit organization, sent notices to numerous manufacturers of juice and packaged fruit products, including the defendants, alleging their products contained amounts of lead greater than the permissible daily intake level set by the California Safe Drinking Water and Toxic Enforcement Act of 1986. The notice prompted the FDA to check the lead levels of some of the products and conclude that “[a]lmost all of the products ' contained a small amount of lead, but in each case the level found would not pose an unacceptable health risk.” Notwithstanding the FDA's conclusion, various individual plaintiffs brought suits in multiple federal district courts against various defendants.
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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."