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Customized designer products (Customs) are popular resale items that are seemingly always on trend. Customs can be a fun and creative way to show enthusiasm for a product or brand and are often welcomed by fashion houses, which may even collaborate with creators to come up with unique designs. Collaborations such as that between the Italian luxury brand Gucci and Harlem-based fashion icon Dapper Dan have been lucrative and have allowed brands to reach consumers who may not have otherwise been exposed to the brand.
Fashion houses are more likely to object to Customs when nude women, satanic imagery or controversial statements appear on them. Recent litigation arising from Nike's fervent opposition to singer Lil' Nas X's "Satan Shoe," a customized Nike sneaker offered for resale, begs the question:
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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.
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.
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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.