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Texas Bar 20th Annual Entertainment Law Institute<br>American Bar Association Forum on the Entertainment and Sports Industries Annual Meeting
Bit Parts
Bankruptcy Trust Doesn't Get Artist's Royalties in Perpetuity<br>Bob Marley Sound Recordings Held to Be Works for Hire<br>"Dubious" View of Right-of-Publicity Protection for Logo
DE Bankruptcy Court Denies Appointment of Examiner Despite Statutory Mandate
The United States Bankruptcy Court for the District of Delaware recently denied the appointment of an examiner, notwithstanding the fact that the statutory threshold which arguably mandates the appointment of an examiner upon the request of a party in interest had been satisfied.
A Look at Revisions to New York State's Ticket Resale Law
Even with the success of some major tours, the 2010 concert business is turning out to be an economic disappointment. Consumers have long raised concerns over ticket prices and ticket availability, but the currently weak U.S. economy has made these issues more pressing. This article discusses the recent comprehensive changes in New York's ticket resale statute. The detailed law, which is set for further revision next year, touches on many hot-button, ticket resale aspects that in general impact venues, promoters, artists and others in the live event industry.
Features
Tax Credits Help Georgia Lure Film Productions
In Georgia, the glamorous world of entertainment law has gotten a boost because of tax credits created by the 2008 Georgia Entertainment Industry Investment Act. The law provides tax credits of up to 30% for money spent on production and post-production work done here on films, TV shows, commercials, music videos and even video game development and animation. The law's economic impact has been huge.
Court Watch
Highlights of the latest franchising cases from around the country.
Features
Contractually Amendable Retiree Health and Welfare Benefits
In a controversial decision, the Third Circuit has ruled that a debtor must comply with the stringent procedural and substantive requirements of 11 U.S.C. ' 1114 to terminate retiree health and welfare benefits that the debtor contractually retained the right to modify at will.
News Briefs
Highlights of the latest franchising news from around the country.
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MOST POPULAR STORIES
- Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTsA 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.Read More ›
- Compliance Officers and Law Enforcement: Friends or Foes?<b><i>Part Two of a Two-Part Article</b></i><p>As we saw in Part One, regulators have recently shown a tendency to focus on compliance officers who they deem to have failed to ensure that the compliance and anti-money laundering (AML) programs that they oversee adequately prevented corporate wrongdoing, and there are several indications that regulators will continue to target compliance officers in 2018 in actions focused on Bank Secrecy Act/AML compliance.Read More ›
- Bankruptcy Sales: Finding a Diamond In the RoughThere 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.Read More ›
- Structuring Strategies for Off-Balance-Sheet Treatment of Real Property LeasesThe Financial Accounting Standards Board released a new set of lease accounting standards, ASC 842, which went into effect earlier this year. Most significantly, publicly traded companies are now obligated to list all leases of 12 months or longer on their balance sheets as both assets and liabilities. Large private companies will follow suit in 2020.Read More ›
- Removing Restrictive Covenants In New YorkIn Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?Read More ›