Briefing

“Recent Bills to Amend Dodd-Frank Preview Coming Attractions in Post-Election Congress”

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Skadden, Arps, Slate, Meagher & Flom LLP  Recently introduced legislation suggests that Republicans and Democrats in post-election Congress will be looking in very different directions on how to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank). On June 7, 2016, U.S. Rep. Jeb Hensarling, R-Texas, unveiled a discussion draft of the Financial

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Most Common Reasons for Lawsuits Against Companies

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Philip Piletic – Some lawsuits filed against businesses are frivolous ones, and some are just downright ridiculous, like the case of Overton v. Anheuser-Busch. In that case, Richard Overton filed suit against the beer company for false advertising. The bikini-clad beauties pictured in the television commercials failed to materialize in his living room even after

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Pokémon Go And The World of Augmented World of Legal Liability Concerns

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Pillsbury – We predicted last year that 2016 would be the year of Pokémon. This prophecy came true last week within just two days of the Pokémon Go launch. The location-based augmented reality mobile game/app quickly surpassed Tinder in daily users and neared Twitter’s totals (and as of yesterday, surpassed them), with its users spending

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How Online Trolls Are Ruining Social Media Marketing

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Morrison & Foerster* – Earlier this year I helped moderate a lively panel discussion on the social-media business and legal trends. The panelists, who represented well-known brands, didn’t agree on anything. One panelist would make an observation, only to be immediately challenged by another panelist. Hoping to generate even more sparks, I asked each panelist

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The Legal Story Behind John Oliver’s ‘Forgiveness’ of $15 Million of Debt

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Proskauer* It was widely reported that on the June 5 episode of the HBO program, Last Week Tonight, John Oliver forgave nearly $15 million of medical debt. That’s not quite right. This blog explains what really happened and why the forgiveness did not cause the debtors to recognize “cancellation of debt income” (“COD”) for federal income

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