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
The Kansas City Business Journal highlights Braden Perry, among other experts, in an article on Paycheck Protection Programs (PPP) loans and compliance. If PPP loan recipients do not follow the compliance guidelines, they must be repaid in full in no less than two years. However, the rules of compliance are ever-changing. “Braden Perry, a partner at
New SBA guidance for the PPP loan program states that all PPP loans under $2 million will be considered within the “safe harbor” regarding the certification that the loan was necessary. The SBA had previously issued conflicting guidance on how it would review the good faith nature of this certification by PPP recipients. The SBA
PPP Loan-Should I Give It Back? By Jeff Donoho and Benjamin Tompkins – Kennyhertz Perry May 8, 2020 https://www.bizjournals.com/kansascity/news/2020/05/08/ppp-loan-should-i-give-it-back.html For small business participants in the SBA’s Paycheck Protection Program (PPP), the roll out of rules and regulations may seem like a complex and never-ending maze. New updates to the SBA’s online FAQs regarding borrower “certifications”
Borrowers and lenders beware. The DOJ has launched investigations into the popular SBA Paycheck Protection Program and the borrowers who received billions of dollars under the program. As reported by Bloomberg and other press outlets, the probe is being led by Assistant Attorney General, Brian Benczkowski and a team of prosecutors with the Fraud Section.
The federal government has begun filing enforcement actions against CBD companies for making health related claims. The first such suit, which seeks a temporary restraining order and preliminary injunction, suit was filed against Marc Ching, who is a California CBD marketer doing business as Whole Leaf Organics. Mr. Ching previously received a warning letter from
Legal Guidance on Avoiding Liability for Your Business as Covid-19 Stay-At-Home-Orders are Lifted By Mit Winter – Attorney, Kennyhertz Perry May 1, 2020 https://www.bizjournals.com/kansascity/news/2020/05/01/legal-guidance-on-avoiding-liability-for-your.html The governors of Kansas and Missouri both announced that beginning May 4, stay-at home orders will be eased and certain businesses will be able to reopen. While this is great news for businesses
The NCAA announced today that its Board of Governors voted in support of a working group’s report and recommendations to allow NCAA college athletes to be compensated for the use of their names, images, and likenesses (“NIL”). With this support, the three NCAA divisions will now move forward with drafting revised NIL legislative proposals for
Cannabis industries are less likely to benefit from the stimulus package funding from COVID-19, due to its current legal status. In an article on HortiBiz.com, Braden Perry discusses some potential options for cannabis industries to gain assistance during this pandemic. Cannabis is still considered a Schedule 1 narcotic, which is why they are deemed ineligible
