Increased Piracy Puts More Heat on China
July 31, 2006
The entertainment industry hoped the counterfeiting of movies, music, software and books would plummet after China agreed in 2002 to abide by the World Trade Organization's (WTO) standards for global intellectual property rights. Instead, the industry says piracy has increased dramatically, leading some American companies to view the Chinese government as unable ' or unwilling ' to curb it. And industry lobbyists are now helping the U.S. government prepare a case that could be brought…
Compliance Programs for Private Companies
July 31, 2006
We all know that a proactive Securities Exchange Commission (SEC), combined with implementation of the Sarbanes-Oxley Act of 2002 (SOX), and activation of the Public Company Auditor Oversight Board (PCAOB), has triggered intense scrutiny on corporate ethics and accountability. One by-product of this is that the public company has come to serve as a mentor of sorts to the private company in the arena of corporate compliance programs, offering certain 'best practices' that may also be useful to the privately held company, its management, and its shareholders or owners.
Net News
July 31, 2006
Kazaa to Pay $100 Million In Settlement<br>Congress Passes Bill Limiting Online Wagering <br>Web Wagering Faces Clampdown with Major Arrest<br>Music Industry Prepares Lawsuit against Yahoo China
Is Internet Gambling Running Out of Luck?
July 31, 2006
Internet gambling is illegal when the activity occurs in a state that outlaws gambling. Today, federal prosecutors rely upon various statutes enacted before the widespread use of the Internet.
New Kinds of e-Commerce
July 31, 2006
As more people live in the virtual world ' sometimes also called the digital or synthetic world ' in one of the many so-called massively multiplayer online role-playing games (MMPORGs) available online, the potential for monetary abuse and malfeasance grows.
Multiple Debtor Representation
July 31, 2006
The complex structure of modern corporate entities presents unique challenges when it comes time for a Chapter 11 filing. In addition to facing the fundamental questions of whether Chapter 11 is the right course, when it should be filed, and what the ultimate reorganization strategy should be, management and its counsel must grapple with how to manage a multiple debtor filing. For example, which entities should file? How should the filings be timed? How can the separate interests and obligations of each entity be respected and yet be coordinated in such a way as to make reorganization of the overall enterprise manageable from a practical standpoint? The widely accepted approach is to implement an essentially simultaneous filing on behalf of most or all of the entities in the corporate family. In the interest of efficiency and cost control, a single set of debtors' counsel most often represents all the filing entities, with each of the individual cases jointly administered under a common umbrella.
Bit Parts
July 27, 2006
Copyright Infringement/Content Deletions<br>Copyright Renewal Rights/Vesting<br>Recording Contracts/Personal Jurisdiction<br>Songwriting-Fraud Claims/Statute of Limitations
Courthouse Steps
July 27, 2006
Recently filed cases in entertainment law, straight from the steps of the Los Angeles Superior Court.
<b>Attorney-Fee Ruling</b> Copyright Litigation
July 27, 2006
The U.S. District Court for the Southern District of New York denied attorney fees to Fox Entertainment despite a stipulated dismissal with prejudice of a copyright suit against the company.
<b>Counsel Concerns</b>Royalty Contingency-Fee Arrangements
July 27, 2006
The New York Court of Appeals has answered several certified questions sent to it by the U.S. Court of Appeals for the Second Circuit, in a contingency-fee dispute between former Lynyrd Skynyrd guitarist Ed King and his former litigator Lawrence Fox.
