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Is Your Franchise Still Breaking the Gift Card Laws?
One of my law school buddies is a class action plaintiffs' lawyer. During law school, when the rest of us were out searching for jobs, he was searching for products that did not work. He loved spending time in the law library, finding arcane regulatory schemes that no one else could stay awake long enough to read, and dreaming of ways to make companies
pay for not complying.
Whenever we go out, conversation inevitably turns to his latest idea for a class action, and he usually does most of the talking. But in early 2010, he let me lead the conversation. Congress had passed the Credit Card Responsibility Act in February 2010, and the Treasury's rules enforcing the law, called Regulation E, were to go live on Aug. 22, 2010. One of my firm's biggest clients asked us to figure out the rules and tell them what they needed to do to comply.
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."