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Collateral Damage: The Venture Capital Outlook and Potential
November 01, 2003
Joseph Schumpeter, in a celebrated phrase, noted that capitalism depends, for its foundation and longevity, on the "animal spirits" of the entrepreneurial class in a given region. Absent the turbo charge which the entrepreneurial culture has in the past projected into the U.S. economy, we in this country are in for an indefinite slide to economic stagnation. The national balance sheet is alarming, in the vicinity of insolvency; our manufactures are increasingly non-competitive; our labor force is displacing itself in favor of, eg, China, our currency is depreciating. I often use hypothetical benchmarks called (by me) the Fidelity Index ' an assumed list of factors professional investors are wont to use when rating and distinguishing between the debt of a AAA national credit and a Third World obligor state. Absent robust growth, look at our score card on the Index ' increasing debt as a percentage of GDP and GNP; balance sheet insolvency (in legal terms, insolvency 'in the bankruptcy sense'); extraordinary spending in the military sector growing rich/poor disparity; continuing barriers to women's rights; environmental indifference; wide spread tax evasion; attempts by both the Left and Right to politicize the judiciary; elections for sale; tainted election procedures; a state highly dependent on imported capital to recycle its debt.
Cameo Clips
November 01, 2003
Recent cases in entertainment law.
Court Rulings on Industry Attorney Fees
November 01, 2003
Depending on the circumstances and the law, parties on either side of an entertainment suit may ask a court for an award of attorney fees. Following are court rulings from recent months that deal with this and related concerns. In future issues, <i>Entertainment Law &amp; Finance</i> will report on such relevant rulings in Attorney-Fee Updates.
Courthouse Steps
November 01, 2003
Recently filed cases in entertainment law, straight from the steps of the Los Angeles Superior Court.
Philadelphia: The City of Brotherly Internet Law?
November 01, 2003
There must be something in the fiber-optic cable in Philadelphia. Why else would the U.S. Court of Appeals for the Third Circuit be such a hotbed for Internet policy making? For Stefan Presser, the longtime legal director of the ACLU of Pennsylvania, it is a hotbed blooming with work. Presser is a member of the legal team that filed a lawsuit against Pennsylvania attorney general Mike Fisher in September. The suit challenges a statute that allows the AG to force Internet service providers to block particular Web sites from being viewed by Pennsylvania residents that his office alleges contain child pornography.
Legislative Update
November 01, 2003
The latest on legislation affecting the Internet.
Combating E-Identity Theft
November 01, 2003
The Internet has made commerce as close and as quick as a mouse click, but it has also caused a dramatic increase in e-identity theft. Due to the passive approach taken by Federal and state authorities toward combating it, legal practitioners must use statutes designed to eliminate unlawful actives associated with e-identity theft, to eradicate the theft itself.
U.S. Supreme Court to Review Internet Porn Law
November 01, 2003
In deciding to review the constitutionality of the Child Online Protection Act, the U.S. Supreme Court will revisit Congress' efforts to protect children…
Nationwide Cybercrime Sweep Nets 125 Arrests
November 01, 2003
Attorney General John Ashcroft said recently that law-enforcement agents had arrested 125 suspects in a crackdown on Internet crimes ranging from hacking to fraud to selling stolen goods. The seven-week cybercrime sweep involved police from Ghana to Southern California and uncovered 125,000 victims who had lost more than $100 million, he told a news conference.
Dogandpony.com: GE Unit Holds Online Bid Contest to Trim Outside Counsel
November 01, 2003
In a bold experiment, Stamford, CT-based General Electric Commercial Finance is buying outside legal services over the next 2 years through reverse-auction bidding ' in Internet chat rooms ' this month.

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    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.
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  • 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.
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