The landscape of high school sports is evolving rapidly, with high school athletes being cleared to profit from their Name, Image, and Likeness (NIL). If you’re a business lawyer, entertainment law expert, involved in sports law, or just interested in the sports landscape, here’s what you need to know about NIL in Florida high schools...
In a breach of contract lawsuit, litigation typically follows as the aggrieved party seeks to recover damages. These damages, particularly monetary damages, aim to compensate the aggrieved party for the loss incurred due to the breach. Understanding the types of damages available in a breach of contract lawsuit is crucial for both plaintiffs and defendants....
Being served with a demand letter can be stressful for any business owner. This formal notification often signifies the first step towards litigation, typically alleging a breach of contract. Understanding how to respond is crucial to protect your business interests and avoid potential legal repercussions. Immediate Steps to Take 1. Stay Calm and Review the...
In the world of business litigation, handling a breach of contract effectively is crucial. One common tool used is the cease and desist letter. This legal document demands that the offending party stop certain activities that violate a contract. However, while it has its strengths, it also comes with notable weaknesses. Understanding these aspects is...
Quiznos, once a popular sandwich franchise, faced a dramatic decline that offers a compelling study in business law and intellectual property management. I used to personally love Quiznos. Especially, the Chicken Carbonara sandwich. At its peak in the mid-2000s, Quiznos operated thousands of stores globally, but today, only a fraction remain. Where did all the...
Contracts form the backbone of many business relationships, ensuring that all parties involved uphold their agreed-upon obligations. However, when one party fails to fulfill their contractual duties, it results in a breach of contract. Understanding the implications of a breach of contract and the legal remedies available is crucial for protecting your business interests. What...
A recent Supreme Court ruling in the case Jack Daniel’s Properties, Inc. v. VIP Products LLC case has significant implications for trademark law. The case revolved around VIP Products’ dog toy, which mimicked the design of Jack Daniel’s iconic whiskey bottle. Jack Daniel’s argued that the toy infringed on its trademark and could cause consumer...
The world of college sports is on the cusp of a seismic shift as private equity firms set their sights on the lucrative potential of collegiate athletics. This surge of private investment promises to reshape the landscape, bringing both opportunities and challenges for athletes, institutions, and fans. Private equity firms specialize in pooling funds to...
Recent legislative changes pertaining to non-compete agreements are reshaping the landscape for businesses and employees. This new law limits the enforceability of non-compete clauses, aiming to enhance job mobility and foster innovation by reducing restrictions on employees’ future employment opportunities. Impact on Businesses Businesses may face challenges in protecting their intellectual property as the new...
David Chang, renowned chef and founder of the Momofuku restaurant, recently addressed a stir he caused by attempting to trademark “chili crunch.” Recently, on his podcast, “The Dave Chang Show,” he issued an apology to the Asian American and Pacific Islander (AAPI) community and others who felt restricted by his actions. This move came after...
