The Big 12, Big Ten, SEC, ACC, and Pac-12 (Power 5 or Autonomy 5) have released a summary of a proposed federal college athlete name, image, and likeness (NIL) bill that they refer to as the Student-Athlete Equity Act of 2020. It is not yet clear if or when the bill will be introduced in
Kennyhertz Perry attorney Ben Tompkins recently co-presented at a CLE for the KCMBA on the intersection of tax and other areas of the law. As lawyers work with their clients to navigate the impact of COVID-19 on their businesses, it is now more important than ever to understand and provide advice concerning the potential tax consequences of
As many small businesses pass or approach the end of their original 8-week PPP loan forgiveness period, new legislation and SBA rules may assist some small businesses in maximizing their PPP loan forgiveness. The following are just a few of the highlights from the new legislation and corresponding SBA rules that relate to loan forgiveness:
Gizmodo featured Braden Perry, among other experts, in an article on the recent TikTok viral video on Dogecoin. Dogecoin is a cryptocurrency featuring a Shiba Inu as its logo, similar to the “Doge” internet meme. It was first introduced as a “joke currency” back in 2013, but after developing its own online community, reached a
The Division II Legislation Committee this week recommended several legislative proposals that would permit college athletes at Division II schools to be compensated for the use of their name, image, and likeness (NIL). The Division I Legislation Committee has not yet issued its initial proposals, but is expected to do so by September 1. The
Private Industry Notification (PIN) 20200623-001 was being distributed to make private sector partners aware that Cyber actors are likely to increase targeting of K-12 schools during the COVID-19 pandemic because they represent an opportunistic target as more of these institutions transition to distance learning. The FBI does not encourage paying a ransom to cyber actors
VPNRanks highlights Braden Perry, among other experts, in an article on proactive vs reactive cybersecurity models. Most companies use reactive cybersecurity which includes implementing defense mechanisms like antivirus software, firewalls, password protections, spam filters, and ad-blockers. The reactive approach has proven to be useful, but companies should not rely solely on this strategy as their
A new putative antitrust class action was filed last week against the NCAA and the Power 5 conferences on behalf of two separate classes of current and former college athletes. The lawsuit seeks damages allegedly resulting from the NCAA’s restriction on college athletes receiving compensation for the use of their names, images, and likenesses (NILs).
Senator Marco Rubio (R-FL) announced today that he will be introducing a federal bill that would require the NCAA to create bylaws that allow college athletes to be compensated for the use of their names, images, and likenesses (NILs). The bill would also require that the NCAA allow college athletes to hire attorneys and agents
College sports journalist Matt Brown highlighted Mit Winter as an expert on college athlete name, image, and likeness compensation in an article for his Extra Points newsletter. Topics covered include Florida’s new college athlete NIL law, similar laws in other states, and where things are headed with the NIL issue in the future. “Winter points
Governor Ron DeSantis has signed Florida’s bill that allows college athletes to be compensated by third parties for the use of their names, images, and likenesses (SB 646). The bill was approved by both the Senate and House in March. However, because of the coronavirus pandemic, the bill was not presented to DeSantis for approval
The question of the extent to which software innovations were patentable has long confused attorneys and their clients. Section 101 Patent Act welcomes “any new and useful process, machine, manufacture, or composition of matter, or any new and useful improvement thereof.” But an important exception pertaining to software patents was identified by the U.S. Supreme
