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The regulations that the Federal Trade Commission (“FTC”) recently promulgated on product endorsements could result in injunctions for bloggers and advertisers, who could be ordered to reimburse consumers for financial losses stemming from product reviews that are considered inappropriate under the new guidance. The fines can reach up to $11,000 per violation.
The FTC action is in response to blogging used to market products and services online, but unbeknown to consumers, companies may compensate blogger-reviewers for their write-ups. Traditional journalism outlets normally bar their writers ' full-time and part-time staffers, as well as freelance contributors ' from accepting such compensation on the assumption that payment from a news or other type of information source presents at least the appearance of a conflict of interest and taints the treasured objectivity and fairness for which most journalism enterprises strive to present and to establish, along with the concomitant credibility with readers, viewers and listeners that such balance has traditionally established and nurtured.
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.
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
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.
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.
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.