By: Sarah Benjamin Many shoe companies, famously including Nike and Adidas, are continuously ripping off designs from other shoe companies to keep up with the demand of consumers.[1] Because of the demand for fast fashion, companies such as Zara have created their business models off of minorly adjusting or changing designs from other brands, then…

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By: Elizabeth Sloop In a revenue-based financing (“RBF”) transaction, a business raises capital by paying investors a percentage of the gross margin in exchange for their investment.[1]  RBF differs from both debt and equity financing and is generally considered to be a hybrid between these two traditional methods of raising capital.[2]  Because RBF is uniquely…

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By: Cooper D’Anton In a discrete no-action letter last fall, the Securities and Exchange Commission (“SEC”) staff applied the disclosure Rule 15c2-11 (“15c2-11” or “Rule”) to fixed income securities – including those in the $5 trillion Rule 144A (“144A”) private placement market – for the first time in the Rule’s 50-year history.[1] Staff intends to…

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By: Scarlett Keane SPACs are the hottest IPO tool available for corporations today.[1]  SPACs, or special purpose acquisition vehicles, are shell companies designed to issue an initial public offering before acquiring a target company to bypass much of the regulation in accordance with an IPO for an existing company.[2]  Within a few months of the…

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By: Annie McEnaney Two weeks ago, the National Labor Relations Board (“NLRB” or “Board”) released a Notice of Proposed Rulemaking (“NPRM”) addressing the standard for determining an employer’s joint employer status under the National Labor Relations Act (“NLRA”).[1] The NPRM purports to replace the old, “direct and immediate control” rule that took effect on April…

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By: Brendan Glynn Robinhood is an online stock-trading application with a user base of over 10 million people.[1]  On March 2, 2020, all of those users were unable to access the platform, allegedly due to Robinhood’s failure to adequately prepare itself for a surge in the number of users, and thus the userbase was taken…

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By: Carson Hicks Last year Lucasfilm released the second season of The Mandalorian to Disney+, continuing the story of the eponymous bounty hunter, Din Djarin, and his force-sensitive ward Grogu, known more commonly as Baby Yoda.[1]  The season culminates in a finale cameo by the Chosen One himself, Luke Skywalker, saving the heroes from certain…

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