Posts Tagged ‘business law review’
Texas’s Online-Age Check and What It Could Mean for Businesses
By: Sophie Ossip On August 31, 2023, U.S. District Judge David Ezra declared a Texas online-age requirement bill unconstitutional in Free Speech Coalition, Inc. v. Colmenero.[1] The Texas Attorney General’s Office appealed to the Fifth Circuit and a three-judge panel took up the case on October 4, 2023.[2] The bill required businesses that host adult…
Read MoreThe Monopoly Man Runs Free: How the Financial Industry Could Lose One of Its Biggest Regulators
By: Rafael Andino The Supreme Court recently heard arguments that could threaten the existence of the Consumer Financial Protection Bureau (“CFPB”), one of Congress’ responses to the 2008 financial global crisis.[1] This case not only threatens the regulatory landscape of the financial industry, but also affects other federal agencies who receive funding in a…
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 MoreSlow Times for Solar in the Golden State: California Court of Appeal Will Hear Challenge to the State’s Slash in Subsidies
By: Gustav Gulmert The California Public Utility Commission (“CPUC”) previously incentivized Californians to use rooftop solar panels by financially crediting users at a market rate for the excess power their panels sent back onto California’s electricity grid.[1] Under the Million Solar Roofs Initiative of 2006, California’s solar credit system, called “net-metering,” quintupled in participants and…
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 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…
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