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Currently viewing the tag: "financial"
On February 16, 2015 By Chris Martucci February 16, 2015
Councilman Mark Levine (D-Manhattan) is introducing a bill that would allow New York City to accept the digital currency Bitcoin as payment for fines and fees, including parking tickets and court fees.
Levine expressed several justifications for the bill, citing its popularity among young, tech-savvy individuals. “Today you can buy almost anything [...]Continue Reading →
On December 22, 2014 By Neil Issar December 22, 2014
Microsoft recently announced that it would allow its digital content to be purchased with bitcoins. The change is limited in that it only opens Microsoft’s Windows, Windows Phone, and Xbox platforms to the new payment method, there is a daily exchange cap, and only US-based customers can make bitcoin payments. This means that Microsoft [...]Continue Reading →
The newly-enacted Chamber of Digital Commerce (CDC), a bitcoin lobbying group, brought more than thirty professionals from the bitcoin industry to Capitol Hill on August 29 in an effort to spread awareness about the digital currency.
The CDC’s goal is to provide information to lawmakers and the general public about the bitcoin technology in [...]Continue Reading →
On July 9, 2014 By Richard Saunders July 9, 2014
On June 23th, the Supreme Court handed down one of the most highly anticipated securities litigation opinions in recent memory. Halliburton II brought the fraud-on-the-market theory, the linchpin of securities class actions, squarely in front of the Court. For months, excerpts from various other Court opinions suggested the theory was ripe [...]Continue Reading →
It appears no one is safe from Carl Icahn, not even Silicon Valley.
The infamous activist investor is at it again, and this time eBay is the object of his disaffection. In what has become a very public battle over recent weeks, Icahn has described eBay’s Chief Executive, John Donahoe, as [...]Continue Reading →
A few weeks ago, the cheerleaders for the Oakland Raiders (known as the Raiderettes) sued the Raiders franchise for illegal payment practices. The allegations include withholding all pay until after the end of the season, only being paid for a portion of hours worked, and forcing the cheerleaders to pay many of their [...]Continue Reading →
On December 6, 2013 By Bradlee Edmondson January 29, 2014
Alice Corp. Pty. Ltd. v. CLS Bank International
In 2005, the Australian company Alice Corp. Pty. Ltd. filed a patent application with the US Patent and Trademark Office for a method of reducing financial risk by ensuring, through “data processing systems” and third-party exchanges, that counterparties make good on their obligations. In 2010, [...]Continue Reading →
On November 22, 2013 By Bradlee Edmondson January 26, 2014
Thanks to our authors for a great semester full of legal analysis across intellectual property, entertainment, and technology law. This will be our last regularly scheduled post of the semester. We head into final exams right after the Thanksgiving break. Good luck, everyone!
Google announces that it will Continue Reading →
This week Fantex announced the newest public investment option made possible by the JOBS Act of 2012 [PDF]: stock in professional athletes. Arian Foster of the Houston Texans will be the first athlete to sell shares of his future earnings to the public. According to the Prospectus filed with the SEC [...]Continue Reading →
This summer, Martha Ingram saved Nashville’s Schermerhorn Symphony Center from a looming bankruptcy. Now, the symphony that calls the Schermerhorn home is seeking out a new patron to “be a part of the experience” of recording three works by composer Joan Tower. You are that patron. The Symphony is one of [...]Continue Reading →
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