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May 18th, 2022
Last of LeClairRyan’s Partners Battle Opaque Tax Threat
Ethics & Professional Responsibility Litigation Partner Ronald C. Minkoff is quoted in the article, “Last of LeClairRyan's Partners Battle Opaque Tax Threat” published by Law360. The article discusses LeClairRyan’s failed conversion strategy deal with UnitedLex and the outstanding tax liability of the last standing shareholders. Ron called the tax scuffle an unusual but striking illustration of the problems waiting for the last shareholders of a bankrupt law firm. He is quoted saying, “The logistical mess of being the last ones at a firm when it's shutting down, it's extraordinary. They're the ones who have to deal with the angry clients, figure out where all the files go, and they're going to be the first ones that the banks or creditors go after, just because they're still around" and "Let's just say, no one is going to show you any consideration for being there at the very end."
Read the full article here. (Behind paywall)
Other Quoted
The Television Academy’s Second Annual AI Summit Pushed Calm—and Concern
IndieWire quotes Andrew Folks who spoke on a panel of legal experts at the Television Academy’s AI Summit at the Saban Media Center in North Hollywood. The speakers addressed AI's impact on the industry and talent. Mr. Folks stated that privacy and copyright laws “are grappling” to address AI. He explained regulatory actions, and the application of copyright law. He also discussed litigation, including how OpenAI and Google in a government proposal argued that fair use protections apply to all copyrighted material used for AI purposes. The article noted, "over 400 A-List Hollywood power players condemned such an action." View Article
March 21 2025
ICAS Announces Winners of the 2025 Global Awards at Annual Meetings in Mumbai
ICAS quotes Jeffrey A. Greenbaum on the importance of advertising self-regulation in protecting consumers and guiding brands on best practices in advertising. An international independent jury of self-regulatory experts chaired by Jeff chose six winners that contribute to responsible marketing practices and a more effective and impactful self-regulatory system. View Article
March 18 2025
Vegas Lights, Industry Nights, and the Future of Games
DICE quotes Sean F. Kane on the legal implications of generative AI in video games, including intellectual property uncertainty, privacy and data risks, and shifting platform policies.
March 17 2025