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Fabled stories, both real and fiction, abound about music artists (including record producers) being taken advantage of by their business representatives. On the other hand, there is no shortage of reports about artists' representatives being confronted with difficult situations brought on by “divas” or troubled artists. As the global entertainment industry both expands and contracts in new and demanding ways, with technological developments creating daily new challenges and opportunities, the last thing that artists and their representatives need is trouble between them.
Depending on the level of success of an artist, the various members of the artist's team who must work together on an executive level are, in no particular order: personal manager; business manager; talent agent; and transactional entertainment lawyer. No matter how vigilant both sides are in choosing each other and in creating this “team,” conflicts and disputes can arise between the artist and a team member or amongst the team members themselves.
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There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.