Posts by blrme
Scripting the Future: The Writers Guild Strike Against A.I.
By: Miguel E. Serrano On October 9, 2023, the Writers Guild of America announced that 99% of its members voted to end its historic strike.[1] In May, the Writers Guild and the Screen Actors Guild-American Federation of Television flanked Hollywood and shut down American entertainment.[2] Daytime and late-night talk shows went silent.[3] Canceled press tours…
Read MoreTaming the Wild West of Data Brokering in the Banking Industry: CFPB Announces Plans to Extend the Fair Credit Reporting Act
By: Elizabeth Carroll The Expansion of the FCRA On September 15, 2023, the Consumer Financial Protection Bureau (CFPB) issued an outline of proposals that would bring data brokers under the umbrella of the Fair Credit Reporting Act (FCRA).[1] The move comes on the heels of a government-wide effort to regulate the burgeoning use of artificial…
Read MoreGrappling with the Implementation of the SEC’s New Cybersecurity Disclosure Requirements
By: Olivia Woodmansee In July 2023, the Securities and Exchange Commission (“SEC”) voted to adopt a final rule on cybersecurity disclosure for public companies.[1] The rule is predicted to fundamentally alter most, if not all, public companies’ incident response processes.[2] The SEC now requires companies to disclose material cybersecurity incidents via Form 8-K within four…
Read MorePrime Target: FTC Takes Aim at Amazon in Antitrust Claims
By: Caitlyn Lindstrom On September 26, 2023, the Federal Trade Commission. (“FTC”), along with seventeen states, filed suit against Amazon.com, Inc. (“Amazon”), claiming Amazon’s business practices violate Section 5(a) of the FTC Act, 15 U.S.C. § 45(a)[1] and Section 2 of the Sherman Act, 15, U.S.C. § 2[2], in addition to state competition and consumer…
Read MoreBed Bath & Beyond Unreasonable: Two Ways the Law Stops Ocean Carriers from Sinking U.S. Businesses and One Way It Falls Short
By: Patrick Rogers Bed Bath & Beyond, one of the United States’ most prominent retail brands, filed for Chapter 11 bankruptcy earlier this year.[1] In a complaint filed with the Federal Maritime Commission (“FMC”) last Tuesday, Bed Bath & Beyond alleged that the ocean carrier Yang Ming violated the Shipping Act and contributed to the…
Read MorePresident Biden’s Inflation Reduction Act: How Big Pharma is Fighting Back
By: Julie Chung On Tuesday, August 29, 2023, the United States Department of Health and Human Services (“HHS”) announced that it selected ten drugs to negotiate under Medicare Part D.[1] Medicare Part D is the government’s prescription drug coverage plan, and the ten drugs included are Eliquis, Entresto, Enbrel, Fiasp, Farxiga, Imbruvica, Januvia, NovoLog, Stelara,…
Read MoreTo Be or Not to Be? Second Circuit Affirms Notes Issued in Syndicated Loans are Not Securities
By: Elizabeth Sloop When a borrower requires a loan too large for a single lender’s capital base, a group of lenders, or syndicate, may step in to provide funds.[1] By participating in syndicated lending, the lenders, typically banks and non-bank financial institutions,[2] are able to distribute the risk of default among themselves.[3] Because of the…
Read MoreThe Seeds of U.S. Antitrust Failures: Food Insecurity & The War in Ukraine
By: Catrina Crittenden In March 2023, the U.S. Department of Agriculture announced the formulation of a working group to address longstanding concerns over the seed industry’s anti-competitive behavior.[1] This inquiry into the U.S. seed industry and its possible antitrust violations are long overdue considering the ongoing food crisis.[2] Experts project food insecurity, or lacking access…
Read MoreThe Continuing Effects and Legal Repercussions of the Ohio Train Derailment
By: Sarah Benjamin After the train derailment in East Palestine, Ohio last month, many residents are retaining lawyers due to serious health and safety issues.[1] Norfolk Southern Railway (“Norfolk Southern”) has pledged that it will take steps towards better safety and compliance with Federal Railroad Administration regulations.[2] However, railroad companies have usually not been…
Read More“Go Long”: How a Long-Awaited Class Action Antitrust Case Against the NFL Can Change the Sports Streaming Market
By: Rafael Andino The National Football League (“NFL”) will face an antitrust class action lawsuit[1] over the structure of its “Sunday Ticket” package through DirecTV, which forces customers to choose between buying either every out-of-market football game or none at all.[2] The Sunday Ticket customers leading the lawsuit seek to dismantle the licensing arrangements responsible…
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