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By Sharmil McKee on August 23, 2010
Ultramercial sued HULU Television in California for patent infringement. Ultramercial claimed that it patented the business process of allowing a user to view television content for free after forcing the user to watch a short advertisement. In essence, Ultramercial claims it patented the process of displaying advertisement in exchange for access to copyrighted media. A federal district court recently declared that Ultramercial’s patent is invalid.
Posted in Understanding Contracts |
By Sharmil McKee on August 16, 2010
On my client’s behalf, I have obtained a $203,000 joint-judgment against three defendants. Two of the defendants are business entities and the third is an individual. My client is willing to sell his judgment at a discount to any interested party. The business entities have two real properties located in Philadelphia. The first property’s estimated value [...]
Posted in Understanding Contracts |
By Sharmil McKee on August 10, 2010
The Third Circuit Court of Appeals held that a private company that operates a prison may ban employees from wearing religious headscarves in the workplace.
Posted in Employers, Employment, Headlines | Tagged firing employees |
By Sharmil McKee on June 26, 2010
I found this question on one of the community boards that I watch. I have a newly formed corporation. I’m putting everything together for our first meeting, and I have found several examples of resolutions to adopt for the issuance of stock. Do I also have to have a separate resolution to create the [...]
Posted in Asked and Answered, Board of Directors, Entity Selection, General Counsel, Start-ups |
By Sharmil McKee on June 13, 2010
Two brothers are claiming that Warner Bros stole their screen play to develop and produce “The Last Samurai”. The basis of the Benay brothers’ claim is that Warner Bros breached an implied contract to pay if they used the script. Of course the brothers filed their lawsuit in California, so California law will determine the [...]
Posted in Understanding Contracts | Tagged breach of contract, celebrity |
By Sharmil McKee on March 19, 2010
Last month, Dr. Dre (a/k/a Andre Young) sued WIDEawake Death Row Records for unpaid royalties and copyright infringement. Dr. Dre claims that WIDEawake is a holding company for Death Row Records, after Death Row Records filed bankruptcy. Dre also claims that WIDEawake began re-producing and releasing copies of his album, Chronic. According to the complaint, [...]
Posted in Intellectual Property, Understanding Contracts | Tagged breach of contract, celebrity, copyright |
By Sharmil McKee on February 22, 2010
“In a new White Paper, the national nonprofit consumer group Center for Justice & Democracy explores how the weakening of investors’ and borrowers’ legal rights since the 1990s has compounded deregulation and lax regulatory enforcement led to the recent economic collapse. In Legal Abandon: How Limiting Lawsuits Led To The Financial Collapse And What To [...]
Posted in Litigation, Research | Tagged tort reform |
By Sharmil McKee on February 19, 2010
Will and Jada Smith have responded aggressively to legal threats that they fraudulently induced someone to invest in their film project. In 2007, Jada wrote a film, the “Human Contract”; Will produced it. They convinced David Grasso to invest in the film. He did with $5 million dollars. The film went straight to DVD. In [...]
Posted in Litigation, Understanding Contracts | Tagged celebrity, Litigation |
By Sharmil McKee on February 17, 2010
The Mayor of Philadelphia, Michael Nutter, announced a pilot program that will reduce the city’s tax rate for certain business industries. The program targets Research-and-development firms in engineering and life sciences as well as computer system design firms. Under the program, these city will exempt a portion of their net income from the business privilege [...]
Posted in Taxes |
By Sharmil McKee on February 10, 2010
While having a small accounts-receivable balance indicates good financial management, (around 1.5% to 2.5% of your gross income), collecting past-due balances is a displeasing aspects of business. Studies show that 75% of receivables that are 3 months delinquent are paid. However, this number drops to 56% after 6 months. Therefore your delay in collecting past-due [...]
Posted in Litigation, Management, Start-ups | Tagged breach of contract, collections |
