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Cryptocurrency exchange FTX, which has filed for US bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1 billion.
FTX and its affiliates filed for bankruptcy in Delaware on Nov. 11 in one of the highest-profile crypto blowups, leaving an estimated 1 million customers and other investors facing total losses in the billions of dollars. Meanwhile, authorities in the Bahamas — where FTX is based — are investigating whether any criminal misconduct occurred related to the company’s implosion.
The latest collapse to rock the market has raised questions over the opacity of big businesses in crypto, an industry often touted as more decentralized and transparent than traditional finance.
When rules and regulations limit your ability to support your company, how do you move forward and enable your business to flourish?
This week on the Blackletter podcast, host Tom Dunlap is joined once more by Kevin Goldberg from Green Leaf Medical and Barney Goodman, his attorney from Dunlap Bennett Ludwig, for the second episode in their three-part series. Kevin and Barney have faced several challenges in growing Kevin’s business in the medical cannabis industry. Unfortunately, many of these obstacles involved the rules and regulations surrounding cannabis businesses. But through creative entrepreneurial ideas and innovative business moves that played by the rules, Kevin and Barney managed to secure enough capital to make their business goals come to fruition.
Tune in to this episode of the Black Letter Podcast to hear how Kevin and Barney made calculated moves to grow their business in the cannabis industry. Also, don’t forget to join us next week, as Kevin and Barney will provide their advice for entrepreneurs starting in the medical cannabis business.
Last week the Supreme Court granted certiorari on two petitions raising intellectual property issues, including the closely-watched enablement Amgen v. Sanofi. This will be the first time that the Supreme Court has addressed the enablement requirement in a very long time. Listen in as Tom Dunlap discusses one of the most challenging problems in patent law.
On this week's episode, Tom discusses the new updated NIL rules guidance. The NCAA's Division I Board of Directors approved on Wednesday new guidance to members on name, image and likeness activities, clarifying how schools, coaches and staffers can be involved with athletes' endorsement and sponsorship deals. The latest clarifications to the NCAA's interim NIL policy create no new rules, but are intended to give athletic departments a better idea of what types of support fall outside existing bylaws.
Are you willing to do what it takes to break into a successful line of business?
On this episode of the Blackletter podcast, host Tom Dunlap begins his new three-part series interviewing Kevin Goldberg from Green Leaf Medical and Barney Goodman, his attorney from Dunlap Bennett Ludwig. As the founder of Green Leaf Medical, Kevin is no stranger to business regulations. From applying for the correct licenses to owning the right property, entrepreneurs must play by the rules of the law to make it in the medical cannabis industry. Kevin and Barney explain how they managed to play the game and secure a spot in this lucrative market.
Listen in on this episode of the Black Letter Podcast to learn more about Kevin and Barney's experience getting started in the cannabis industry. Then, join us again on next week's podcast, as Kevin will discuss some more of his business challenges and how he overcame them.
This week Tom discusses the verdict of a copyright infringement case involving a man who claimed the Grammy-winning rapper, Cardi B, misused his back tattoos for her cover art. The artist argued that the tattoo was transformative fair use and did not hinder the man's employment and ability to travel the world for opportunities. Tune in to hear more about transformative use and the copyright of tattoos.
The Supreme Court is set to hear two cases challenging race-based admissions policies at Harvard University and the University of North Carolina. The plaintiff is asking the Supreme Court to overturn its prior precedent that allows the narrow use of race in college admissions decisions. While these cases are not new to the Supreme Court, the new makeup of the Supreme Court has led to educational institutions readying for their admissions process to change. Join Tom in today's episode as he discusses the two race-based admissions cases and what to expect from the decisions.
https://www.harvard.edu/admissionscase/wp-content/uploads/sites/6/2022/07/20-1199-bs.pdf
Could your ego be negatively affecting your entrepreneurial decisions?
On this episode of the Blackletter podcast, host Tom Dunlap concludes his three-session interview with Terry Dohrmann, founder of the legal operating software company Litify. Terry discusses the importance of leaving your ego at the door and maintaining trust in your team members to identify your blindspots and reach successful business decisions. He elaborates on the benefit of approaching your work without your ego’s involvement and why this is essential for moving forward in the business world. Terry also provides other business advice on topics like intelligent employment practices and understanding market trends.
Tune in to this episode of the Black Letter Podcast for more information on Terry’s entrepreneurial advice. And join us on next week’s episode of The Black Letter podcast to hear more great wisdom on achieving entrepreneurial success.
The Onion, a well-known parody publication, filed a brief with the U.S. Supreme Court in support of a man who was arrested and prosecuted for making fun of police on social media. While defending the purpose and power of parody in society, the court filing doesn’t entirely keep a straight face In a legal filing every bit as persuasive as funny. Join Tom this week as he discusses both The Onion's filing and the case it supports.
The brief linkhttps://www.supremecourt.gov/DocketPDF/22/22-293/242292/20221003125252896_35295545_1-22.10.03%20-%20Novak-Parma%20-%20Onion%20Amicus%20Brief.pdf
https://www.theonion.com/
As the justices return to the bench this week, the new term will feature major disputes on affirmative action, voting, religion, free speech and gay rights. The Supreme Court’s first case of the new term involves a major environmental dispute over the federal government’s power to protect the nation’s waterways under the Clean Water Act. The justices will also weigh a voting rights case that tests the legal limits on alleged racial gerrymandering, which involves the drawing of voting maps in a manner that dilutes the electoral power of racial minorities. Tune in this morning as Tom Dunlap reviews these two important cases.
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