Alerts: Sports Law
2019 Holiday Sports Industry News
Here’s what’s happening at the intersection of sports, marketing, and entertainment law as we enter the holiday season. Read more.
December 16, 2019
Creating Enterprise Value: AI, Talent, Risk & Growth Strategies for Agency Leaders:
A Business Conference for Agency CFOs, CEOs, Presidents, Managing Principals & Owners
Date:
Thursday, November 19
Time:
12:00 PM - 6:00 PM
Address:
Frankfurt Kurnit
28 Liberty Street
35th Floor
New York, NY 10005
Program Overview:
This conference is designed to address strategic, financial, operational, and legal issues that can afect agency profitability, valuation, leadership succession, risk management, and long-term enterprise value. Through a combination of expert presentations and executive discussions, attendees will gain practical insights into the opportunities and challenges facing agency leaders in an increasingly complex business environment.
12:00 PM – 12:25 PM
Registration, Lunch and Welcome
12:25 PM – 1:10 PM
AI’s Impact on Agency Processes, Economics, Pricing, and Profitability and Negotiating Agreements With Clients to Address These Issues
Artificial intelligence is reshaping agency operations, economics, client expectations, and risk profiles. This session will examine how agencies can leverage AI to improve eficiency and profitability while addressing evolving contractual and governance considerations.
Topics Covered
What clients to understand about the use of AI, costs and eficiencies.
Intellectual property, ownership and compliance considerations
AI's impact on agency business models and economics
Client expectations regarding AI usage and disclosure
Pitch and procurement pressures
Key contractual protections and risk allocation provision
Governance frameworks for AI review and approval
Speakers: Candice Kersh and Karen Lo (Special Group)
1:10 PM – 1:50 PM
Building an Ownership Culture: Equity Participation & Long-Term Incentive Strategies
Topics Covered
Equity participation structures for key employees and next-generation leaders
Employee Participation Units (EPUs), phantom equity, profits interests, and other incentive alternatives
Balancing founder control with meaningful employee ownership opportunities
Designing long-term incentive programs that align performance and succession goals
Rewarding key contributors without giving up unnecessary control
Roll-over equity particularly in private equity roll ups
Speakers: Wendy Heilbut and Mark Himmelsbach (Episode Four)
1:50 PM - 2:40 PM
Diversification Opportunities, Including SaaS, IP licensing, Investment, and Branded Entertainment
Many agencies are exploring new revenue streams and proprietary assets that can improve growth, valuation, and long-term sustainability.
Topics Covered
SaaS and technology licensing opportunities
Development and monetization of agency intellectual property
Proprietary technology and data products
Strategic investments and ownership interests
Branded entertainment and content ventures
Building value through scalable, non-service-based assets
Speakers: Greg Boyd, Chris Chase and Ben Moskowitz
2:40 PM - 2:55 PM
Networking Break
2:55 PM - 3:55 PM
M&A Readiness, Succession Planning & Deal Structures
Whether you're thinking about growth through acquisition, bringing in an investor, transitioning ownership, or eventually selling your agency, understanding the deal process is critical. This session will demystify how agency transactions work, what to expect during a sale process, and the key deal terms, structures, and negotiation points that can materially afect outcomes for founders and owners.
Topics Covered
Who is buying agencies today and why
Strategic buyers versus private equity investors
What the sale process looks like from start to finish
Valuation drivers and factors that influence deal value
Earn-outs, rollover equity, and other key deal structures
Deal terms that commonly surprise agency owners
Preparing for diligence and avoiding common pitfalls
Building the right advisory team and preparing for a successful transaction
Speakers: Lee Silver, Gavin McElroy and Michael Sidler (Madison Alley)
3:35 PM - 4:15 PM
Talent Risk Management and Employment Issues
Managing talent-related risks has become increasingly challenging, particularly as agencies engage a broader ecosystem of employees, contractors, creators, and influencers.
Topics Covered
Employee versus independent contractor classification
Compensation and payment compliance considerations
California-specific workforce requirements
Background checks and screening practices
Risk management when engaging creators and influencers
Speakers: Wendy Stryker and Tiffany Caterina
4:15 PM - 4:25 PM
Networking & Refreshment Break
4:25 PM - 5:05 PM
Practical Approaches to Contracting, Governance, and Compliance Strategies
As the legal and regulatory environment continues to evolve, agencies must adopt practical operational safeguards that reduce risk and help avoid costly disputes.
Topics Covered
Contracting strategies to mitigate business risk
Risk allocation and indemnification provisions
Ownership and rights-management considerations
Internal governance and approval procedures
Vendor management and oversight
AI governance frameworks
Updating contracts, policies, and workflows to address emerging AI-related risks
Creating practical review processes that reduce liability exposure
Speakers: Matthew Vittone and Andrew Folks
5:05 PM - 5:40 PM
Advertising Technology: Emerging Risks for Agencies
The rapid growth of privacy litigation involving digital tracking technologies is creating new legal challenges for the advertising industry. This session will explore the evolving litigation landscape, the potential exposure of advertising agencies, and practical steps agencies can take to protect themselves and their clients.
Topics Covered
Emerging class action and regulatory risks involving tracking technologies
When advertising agencies may face liability for client websites, apps, marketing pixels, and data collection practices
Allocating risk through client contracts, indemnification, and insurance
Practical strategies for reducing litigation risk without compromising marketing effectiveness
Speakers: Matt Pearson and Caren Decter
5:45 PM - 7:15 PM
Cocktail Reception
Networking reception for agency executives, speakers, sponsors, investors, and advisors.
Here’s what’s happening at the intersection of sports, marketing, and entertainment law as we enter the holiday season. Read more.
December 16, 2019
Increases to the New York State minimum hourly wage for non-exempt employees and increases in the minimum salary for exempt administrative and executive employees take effect on December 31, 2019. The required minimum rate and salary depends on the employee’s location and number of employees. Read more.
December 11, 2019
The Hollywood Reporter quoted Joseph R. Taylor on legal developments in the Jackson vs. Anderson litigation in California. Joe is part of the Frankfurt Kurnit team representing director Paul W. Anderson and producer Jeremy Bolt. View Article
December 6, 2019
The birth announcement of Rowan Bennett Goldblatt, Hayden Goldblatt's son, is featured in the Hollywood Reporter. View Article
December 6, 2019
Irish Legal 100 named Sean F. Kane to their list for 2019.
December 3, 2019
Stock Daily Dish mentions Rick Kurnit’s quote from the New York Post about the lawsuit against Elon Musk stemming from his Twitter post about a British rescue diver.
November 25, 2019
Page Six mentions Linda Wank as counsel to Paulina Porizkova. View Article
November 19, 2019
Deadline mentions Frankfurt Kurnit as counsel to Brian d’Arcy James who is set to star in the CBS studios adaptation of “A Higher Loyalty.” View Article
November 18, 2019
Leaders League lists Frankfurt Kurnit in the top tier of their intelligence report as a leading firm in Advertising & Marketing. Jeffrey A. Greenbaum, Rick Kurnit and Terri Seligman are listed as key figures. View Article
November 14, 2019
Variety lists Sasha Levites as one of the next generation leaders in the entertainment business. Sasha is the only attorney listed. View Article
November 14, 2019
The New York Law Journal published Tyler Maulsby and Nicole Hyland’s article “Six Things Applicants Need to Know About NY’s Character and Fitness Process.” (Behind paywall) View Article
November 11, 2019
Deadline mentions Marcie Cleary as counsel to Kris Hunt who wrote the upcoming film “Cowgirl’s Last Ride” starring Geena Davis. View Article
November 11, 2019
Digital News Daily quotes Terri Seligman on the Federal Trade Commission’s new disclosure guide for social media influencers. View Article
November 11, 2019
U.S. News & World Report and Best Lawyers "Best Law Firms" ranked Frankfurt Kurnit nationally in "Tier 1" in Advertising, Copyright, Entertainment - Motion Pictures and Television, Trademark, and Trusts & Estates Law, "Tier 2" in Commercial Litigation, Litigation - Intellectual Property, Litigation - Regulatory Enforcement (SEC, Telecom, Energy) and Media Law. View Article
November 1, 2019
The New York Law Journal interviews Jeffrey A. Greenbaum as part of their Q&A series with midsize firm leaders. Mr. Greenbaum discusses the firm culture and future plans ahead. (Behind paywall) View Article
November 1, 2019
To cap off the Second Annual Litigation Ethics Summit our panel challenged some brave audience members to participate in a contest of ethical wits. Read more.
October 30, 2019
On Thursday, October 24th Frankfurt Kurnit hosted its Second Annual Litigation Ethics Summit. The second panel of the day focused on the ethical and legal limits of aggressive bargaining in the settlement context, with a special focus on settlements of harassment and discrimination cases in the "Me Too"-era. Read more.
October 30, 2019
On Thursday, October 24th Frankfurt Kurnit hosted its Second Annual Litigation Ethics Summit. The first panel of the day focused on how fee disputes arise and how those disputes affect malpractice claims under New York law. Read more.
October 30, 2019
Deadline mentions Frankfurt Kurnit as counsel to Patrice Covington who is set to co-star in “Genius: Aretha” for Nat Geo. View Article
October 29, 2019
The Hollywood Reporter mentions Frankfurt Kurnit as counsel to Amanda Seyfried who joined the cast of “Mank.” View Article
October 16, 2019
Lisa E. Davis is featured on the Essence “Unbossed” podcast. She discusses her career journey, the importance of protecting intellectual property and our firm. Listen to the podcast here.
October 10, 2019
Law360 published Tyler Maulsby’s analysis of whether President Trump & Rudy Giuliani can rely on the attorney-client privilege to shield Ukraine-related communications from US House of Representatives’ investigators. (Behind paywall) View Article
October 10, 2019
Law360 published Brian G. Murphy’s article “How SAG-AFTRA Altered Its Deal With Signatory Cos.” (Behind paywall) View Article
October 10, 2019
Julie Murray is listed on Variety’s Women’s Impact Report for 2019. The report features women from the C-suite to agents and artisans who have had a big impact on showbiz this year. View Article
October 9, 2019
ProPublica quotes Ronald C. Minkoff on controversies surrounding Rudy Giuliani’s attempt to invoke attorney-client privilege to shield Trump-Ukraine communications. View Article
October 3, 2019
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