Currently viewing the tag: "financial"

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 [...]

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He’s Back!

On March 14, 2014 By Richard Saunders

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 [...]

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Bottom of the Pyramid

On February 18, 2014 By Chastity Bobo

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 own [...]

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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, [...]

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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

Shares of Arian Foster? Not Quite.

On October 22, 2013 By Emily Gabranski

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 [...]

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Kickstart My Art

On September 17, 2013 By Jeffrey W. Sheehan

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 [...]

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New York’s top banking regulators sent subpoenas to 22 digital currency firms in August to determine whether new regulations would be necessary to deal with the emergence of Bitcoin as a form of currency.

For readers unfamiliar with the virtual currency, Bitcoin is a recent implementation of “crypto-currency,” a form of digital [...]

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MLB contract negotiations are well underway for baseball’s free agents.  Many players have already been signed.  For example, David Ortiz re-signed with the Red Sox and Torii Hunter signed with the Tigers.  However, many other players are still in the process of negotiating, including Josh Hamilton and Zack Greinke.  For a complete list of [...]

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