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Ticket Resellers' State House Campaign Raises Resale Royalty, Securities Law and Money Laundering Issues
One of the big issues being debated as fallout from Ticketmaster's problems in trying to service Taylor Swift fans when tour tickets went on sale in November is how to address state live-event ticket sales laws. (See the chart below for a look at legislative activity in 10 states.)
Ticket reseller StubHub recently brought Silicon Valley lobbying tactics to the Georgia Legislature with HB 398 and SB 183 but thankfully didn't put one over on the legislative members. The stated purpose of these Georgia bills is to remove resale restrictions on concert or athletic tickets, and limit the resale to reseller marketplaces like Stub Hub. This would, among other things, effectively prevent artists from taking tickets off manifest for resale through their fan clubs, including at face price.
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The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.
Warehouse Liability: Know Before You Stow!
As consumers continue to shift purchasing and consumption habits in the aftermath of the pandemic, manufacturers are increasingly reliant on third-party logistics and warehousing to ensure their products timely reach the market.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.