We provide tailored, industry-specific legal updates to our clients and other friends of the firm.
In Notice 2014-21 issued on March 25, 2014, the IRS announced that it will treat virtual currencies (such as Bitcoin) as "property" for U.S. federal tax purposes. Read more.
March 31, 2014
As of April 1, 2014, all commercials produced under the SAG-AFTRA contract featuring SAG-AFTRA talent must incorporate the Ad-ID coding mechanism, developed by the American Association of Advertising Agencies and the Association of National Advertisers in 2003, for commercial tracking and calculating appropriate payments. Read more.
March 28, 2014
Law360 indentified Victoria Cook and Barbara Shiers as leading "Female Powerbrokers".
March 25, 2014
The Federal Trade Commission and The National Advertising Division of the Better Business Bureau recently challenged three product demonstrations by major brands, finding that they were misleading to consumers. Here is a rundown of these important regulatory and self-regulatory developments. Read more.
March 18, 2014
The Hollywood Reporter and Deadline listed Hayden Goldblatt and Alan Sacks as representation for the filmmakers of "The Better Angels" in a distribution deal with Amplify. View Article
March 12, 2014
As part of its ongoing focus on endorsements in advertising, the Federal Trade Commission recently settled a case against home security company, ADT LLC, for use of paid endorsers presented to look like impartial experts. In its complaint, the FTC alleged that ADT paid spokespeople to review, demonstrate and promote ADT's "Pulse Home Monitoring System" without disclosing that they were paid to do so. Read more.
March 11, 2014
The FTC has recently been focused on transparency in online communications, however according to Jeff Greenbaum in his Adweek article, "FTC Busts ADT for Failing to Disclose Paid Endorsers", the recent ADT case is evidence that they are looking at traditional media as well. View Article
March 10, 2014
News is my Business quoted Jeffrey A. Greenbaum regarding the addition of Ferraiuoli LLC to GALA. View Article
March 5, 2014
On Wednesday February 26th, the New York City Council voted 46-to-5 to expand the Earned Sick Time Act that is scheduled to go into effect on April 1, 2014. Under the amended law, all businesses with at least five employees (or one domestic worker) must provide workers with five paid sick days a year. Read more.
March 4, 2014
The National Law Journal announced Sean F. Kane as the newest partner of Frankfurt Kurnit's Interactive Entertainment Group.
March 3, 2014
The Olympics and the Academy Awards always inspire advertisers to run ads congratulating winners. But not so fast. Michael Jordan's lawsuit over a congratulatory advertisement placed by Jewel-Osco Supermarkets in a Sports Illustrated special edition celebrating his induction into the Basketball Hall of Fame was just reinstated on appeal. Read more.
February 20, 2014
Terri Seligman was interviewed by New Media Rockstars about lawsuits resulting from defamatory claims made on social media. View Article
February 20, 2014
Digiday quoted Jeffrey A. Greenbaum on social media rules for brands. View Article
February 18, 2014
Shoot Online published an article announcing Jeffrey A. Greenbaum as the president of the Global Advertising Lawyers Alliance. (Article behind a paywall) View Article
February 13, 2014
The Hollywood Reporter recognized Victoria Cook's contribution to a two-year fund partnership between FilmNation and Farilo House Production. View Article
February 11, 2014
Victoria Cook participated in the negotiation to add Brett Ratner as producer to the docu “Night Will Fall,” the story of the restoration of Alfred Hitchcock’s 1945 documentary on the Holocaust. View Article
February 11, 2014
Frankfurt Kurnit Klein & Selz PC and the Global Advertising Lawyers Alliance (GALA) today announced that GALA elected Jeffrey A. Greenbaum GALA President. Read more.
February 11, 2014
Law360 interviewed Barbara Shiers about her career as a "Female Powerbroker". View Article
February 6, 2014
Now that the "Big Game" is over, marketers are turning their attention to the upcoming Winter Games in Sochi, Russia. While it is tempting to comment on and associate with big worldwide events as they are happening, bear in mind that there are rights holders that enforce and protect their rights to these events. Read more.
February 5, 2014
Frankfurt Kurnit Klein & Selz, PC added Sean F. Kane as a partner to its Interactive Entertainment Group. Mr. Kane formally joined the firm today. Read more.
February 4, 2014
A recent decision from the National Advertising Division of the Better Business Bureau highlights the increasing interest in native advertising by regulatory and self-regulatory bodies. As the Interactive Advertising Bureau noted in its recently released Native Advertising Playbook, native advertising is hard to define because it can take many different forms, and the questions it poses are far from settled. Read more.
January 31, 2014
Bloomberg BNA quoted Nicole Hyland on an opinion released this month by the New York City Bar's Ethics Committee regarding ethics rules for lawyers contemplating creative arrangements with nonlegal organizations.
January 30, 2014
In the current legal and economic climate, some lawyers are considering business arrangements with non-legal entities. A new ethics opinion by the Committee on Professional Ethics of the New York City Bar Association discusses important ethical issues raised by such business ventures. Read more.
January 30, 2014
New York County Lawyer published Ronald Minkoff's article on "Aging Lawyers and Professionalism". View Article
January 23, 2014
The Online Interest-Based Advertising Accountability Program has recently released a handful of decisions addressing the responsibilities of the advertiser, agency and platform when collecting consumer information for online behavioral advertising. Read more.
January 22, 2014
We provide tailored, industry-specific legal updates to our clients and other friends of the firm.
