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We found 2,583 results for "Entertainment Law & Finance"...

Music Group To Sue Students Over Internet2 Downloads
April 28, 2005
The super-fast "Internet2" network that connects universities researching the next-generation Internet has found new followers in college students who download pirated music and movies. <br>Entertainment groups said last month they intend to sue hundreds of students accused of illegally distributing copyrighted songs and films across college campuses using the private research network, which boasts speeds hundreds of times faster than the Internet.
Stakes Rise As U.S. Supreme Court Hears Downloading Showdown
April 28, 2005
The Supreme Court appeared wary on March 29th of punishing peer-to-peer downloading services like Grokster for copyright violation, in spite of arguments by a lawyer for the recording and movie industries that they amount to "a gigantic infringement machine." <br>An hour of spirited oral arguments in the case <i>MGM Studios Inc. v. Grokster Ltd.</i>, played out before a courtroom packed with intellectual property lawyers and entertainment industry representatives.
Online Gambling Boom Comes With Tangle of Lawsuits
April 28, 2005
The booming world of online gambling has dealt lawyers a messy hand of legal challenges, spawning a host of lawsuits that target an industry poised to make nearly $10 billion this year ' up 40% from last year. <br>In California, a group of lawyers has filed a class action suit against a dozen search engines, including Yahoo and Google, for allegedly running ads that lead players to online gaming sites. The suit seeks to hold the search engines responsible for gambling losses.
Courthouse Steps
March 29, 2005
Recently filed cases in entertainment law, straight from the steps of the Los Angeles Superior Court.
Federal Tax Reform Includes Traps For Deferred Compensation Deals
March 29, 2005
Last October, President Bush signed into law the American Jobs Creation Act of 2004. This 2004 Tax Act amended nearly 600 sections of the Internal Revenue Code (IRC), thereby making far-reaching changes to many areas of tax law. While the major focus of the 2004 Act was to provide tax relief for U.S. corporations repatriating earnings back to the United States, this new legislation also provided numerous revenue-raising provisions and tax cuts that affected corporate and individual taxpayers and special interest groups, from film producers to owners of sports teams.
Bit Parts
March 29, 2005
Recent developments in entertainment law.
Cameo Clips
March 29, 2005
Recent cases in entertainment law.
Artist Liability for Audience Injuries
March 29, 2005
In today's concert scene, high-energy music is often accompanied by audience members who engage in such physical, and sometimes dangerous, activities as crowd surfing, moshing and stage diving. What happens when a member of the audience is injured as a result of such conduct by another concertgoer?
Decision of Note: <b>Lawsuit Over James Brown Hit Is Time-Barred</b>
March 29, 2005
The U.S. District Court for the Southern District of New York ruled that a songwriter's suit over the James Brown hit "It's a Man's Man's Man's World" was barred by the 3-year statute of limitations of the Copyright Act.
Business Entity for Touring
March 29, 2005
Regardless of which business form an artist selects to handle general music business matters, the touring artist should consider forming a separate business entity under which to conduct touring activities.

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  • Private Equity Valuation: A Significant Decision
    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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