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NV Fantasy Sports Ruling Comes Amidst NJ's Betting Bid
Nevada's recent crackdown on fantasy sports operations could have a beneficial effect on New Jersey's latest bid to legalize sports betting, according to lawyers involved in the gaming industry.
The lawyers said the major sports leagues ' the National Football League, Major League Baseball, the National Basketball Association and the National Hockey League ' may find it more difficult to argue that sports betting should not be legalized when they themselves are now tied financially to DraftKings and FanDuel, which in October the Nevada Gaming Commission declared to be sports betting websites. The Nevada Gaming Commission ordered the two sites to halt operations in that state until they are licensed. According to media reports, the federal government has launched investigations and several states into whether DraftKings and FanDuel are engaged in unregulated sports betting, and whether employees used inside information for financial gain.
The day before Nevada's decision, the U.S. Court of Appeals for the Third Circuit granted reargument en banc in New Jersey's appeal of a ruling by a 2-1 panel that said the state's latest attempt to legalize sports betting runs afoul of the 1992 federal Professional and Amateur Sports Protection Act (PASPA), which bars states from authorizing sports betting.
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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.
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Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?
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.