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Disputes over Insurance Coverage for Alleged TCPA Violations
During the past several years, there has been an increase in the number of lawsuits that allege violations of the Telephone Consumer Protection Act, 47 U.S.C. ' 227 (2006) (“TCPA”), and a corresponding increase in the number of coverage disputes over TCPA liabilities. The TCPA, enacted in 1991, restricts telephone (including cellular phone) solicitations and limits the use of fax machines in contacting individuals or businesses which have not given prior express consent to receive those solicitations. The TCPA provides for statutory penalties ranging from $500 to $1,500 per individual communication, with that higher penalty imposed as treble damages for willful or knowing violations of the Act. 47 U.S.C. ' 227(b)(3)(B, C) (2006).
TCPA suits are attractive to plaintiffs' lawyers because litigants have the option of seeking either their actual damages or statutory damages instead. Plaintiffs' lawyers use putative class actions in an attempt to aggregate the number of violations on which to recover ' and as technology continues to make mass marketing easier and more efficient, the number of violations resulting from a single marketing program can be enormous.
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.