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Speed Traps, Lemonade Stands and ' e-Commerce Issues
The local sheriff enforcing a hidden speed trap against out-of-towners is a staple of the television sitcom and of many Hollywood movies. You've seen it: Obnoxious (and some not so obnoxious) vacationers pulled over and forced to pay tickets and steep fines for passing through an unexpected 20 mile-per-hour zone at 50 miles per hour.
The municipality receives consistent revenue from people who don't impose costs to provide legally required services (other than the police and judge, of course). Even better, those passers-through don't vote, so no one even has to listen to their complaints about the unfairness of a sudden drastic reduction in the permitted speed limit, or about strict enforcement of a surprise rule. And, of course, the local court is always conveniently open for the fine to be paid and, once that is taken care of, the previously unsuspecting victim “speeder” is free to continue on his way, with his family ' less the cost of the speeding fine and court costs, and maybe parking while the matter was settled ' until, perhaps, the next town with a speed trap.
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.
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.
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?