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The tax reform bill signed by President Trump at the end of 2017 (the Tax Cut and Jobs Act) has caused us to take a fresh look at many long-held assumptions about how to take into account income taxes in planning for the entertainment industry. In particular, the new legislation includes provisions that make loan-out corporations the entity of choice even more so than ever before.
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Federal Appeals Courts Weight in On Accruals for Copyright Infringement vs. Ownership Claims
By Stan Soocher
The U.S. Copyright Act states that a civil copyright action must be filed within three years of its accrual. How this applies to copyright infringement and to copyright ownership claims, including in the same case, isn’t always clear. But two recent federal appeals courts decisions have provided guidance on the differences in accrual for each of these copyright claims.
Davis Wright Forms Entertainment Industry Reopening Advisory Group
By Dylan Jackson
As millions of Americans turned to television and movies for diversion and comfort amid the coronavirus pandemic and resulting business shutdowns, the companies that create that content were left scratching their heads about how to resume business safely when they are allowed. Davis Wright Tremaine launched a new group in hopes of providing the answers.
Soccer Federation Litigators Discuss Recent Ruling in Equal Pay Case
By Jenna Greene
Latham & Watkins partners Michele Johnson and Jamie Wine turned the tide for the U.S. Soccer Federation in a high-profile — and highly sensitive — wage discrimination lawsuit by the U.S. Senior Women’s National Team. In this Q&A, Johnson and Wine discuss their perspective on the case
Agreement to Amend CA’s AB5 Helps Music Industry
By Sidney S. Fohrman and Ariel D. Shpigel
After over a year-and-a-half of lobbying efforts by the music industry and negotiations with lawmakers, it was recently announced that AB5 would be amended to accommodate musicians’ unique niche in the California economy.
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