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Many of my fellow bankruptcy professionals know that we’ve been busy, but for the record, the Administrative Office of the U.S. Courts reports a 33.5% increase in business bankruptcy filings for the year ending September 30. That’s down from the year-to-year figure of 40% in July, suggesting the recent surge of filings may have peaked or maybe an anomaly due to small business debtors perceptively filing in advance of the reduction in the debt limits eligibility.
We also know filing numbers don’t always tell the full story. Some bankruptcies, like that of Steward Health Care, involves over one hundred of individual filings that are really from the same company and where multiple entities are consolidated into one docket.
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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.
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.
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