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The four-part "Orrin G. Hatch — Bob Goodlatte Music Modernization Act" (MMA) passed by both the U.S. House of Representatives and the Senate, was recently signed into law by the President.
This article focuses on managing change for clients affected by the MMA's government-mandated mechanical licensing collective, often referred to as the "MLC" or in the statute as "the collective." In my view, far from putting songwriters on a trajectory away from the government regulation that has oppressed them for generations, the collective imposes an entirely new bureaucracy with potentially significant costs that are not readily apparent.
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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.
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Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
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