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The 'Gray Divorce' Phenomenon
An 82-year-old client recently requested a divorce from her husband of 57 years. When asked why, she responded, “I want to live a little before I die.” And she is far from the only one.
A study conducted in 2014 reveals that the divorce rate for individuals 50 years and older has doubled in the last 20 years. Susan L. Brown, I-Fen Lin, “The Gray Divorce Revolution: Rising Divorce Among Middle-Aged and Older Adults,” National Center for Family & Marriage Research Working Paper Series, (March 2013), http://bit.ly/2c1MjRl. Two decades ago, individuals 50 and older accounted for about 10% of divorces. Kristin Haugk, “Divorce While Retired: Three Ways to Avoid More Pain,” The Oxford Club (May 16, 2016), http://bit.ly/2cwkYSw. But recently, the divorce rate for this age group spiked to approximately 25%. Id. What's more, approximately half of those divorces occurred in first marriages. Id.
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."