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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.
Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
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.
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.
Transfer Tax Implications on Real Property Leases
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.