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How Joint Venture Was Developed for Touring Bands
This year, three bands boarded a vintage train for a tour through the American Southwest, performing concerts in five cities beginning in Oakland, CA, and ending in New Orleans. The bands ' Mumford & Sons, Edward Sharpe & The Magnetic Zeros and Old Crow Medicine Show ' formed a joint venture to manage their Railroad Revival Tour and control revenues and related intellectual property, including a documentary DVD. Matthew V. Wilson, an associate at Atlanta, GA's Arnall Golden Gregory who structured the deal, describes the arrangement in the following interview.
Q: What kind of deals have you handled before for music groups?
A: I am a general corporate lawyer for the most part, but have been involved in various entertainment deals through other lawyers at my firm, most of which have been on the local front. Everything from venue-type contracts with artists, booking bands from the venue standpoint, to publishing deals from the artists' standpoint and contracts between managers and/or promoters and their respective venues and/or bands. This is the first national-in-scope deal I've been involved in.
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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.
The Article 8 Opt In
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.
Strategy vs. Tactics: Two Sides of a Difficult Coin
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.
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.
The Anti-Assignment Override Provisions
UCC Sections 9406(d) and 9408(a) are one of the most powerful, yet least understood, sections of the Uniform Commercial Code. On their face, they appear to override anti-assignment provisions in agreements that would limit the grant of a security interest. But do these sections really work?