Communications, Media & Entertainment

Investors have filed a class action lawsuit seeking $11 billion in damages against Crypto platform FTX’s  founder Sam Bankman-Fried and various  celebrity endorsers who   promoted the platform, including Shaquille O’Neal,  Larry David, Tom Brady, and Stephen Curry. FTX filed for bankruptcy on Nov. 11.​The lawsuit alleges that the failed  FTX Platform was based upon false representations and   deceptive conduct to

NFT lawsuits involving content creators, celebrity endorsers, content distributors, businesses, and startups are becoming more frequent as the debate about who owns the underlying asset’s copyright and who has the authority to create an NFT becomes more contentious, and as digital assets grow in popularity and desirability. On one side of the argument, those who purchase…

William Sadleir  was sentenced to six years in prison for his participation in two fraudulent schemes relating to investments made by a New York-based investment fund (the “Fund”) in indie film distributor Aviron Pictures, LLC and its affiliated entities. Sadleir pled guilty to two counts of wire fraud, one relating to each of the schemes. Sadleir was the chair and chief

U.S. District Judge Raag Singhal in South Florida sentenced Jason Van Eman, a 44-year-old movie producer from Oklahoma to 262 months in prison for his part in a financing scheme that defrauded investors out of more than $60 million. The defendant was also ordered to pay $9 million in restitution. After a six-week jury trial, a  federal jury found Van Eman, doing business

The recent lawsuit filed in Los Angeles County Superior Court by G2 Esports against NFT developer Bondly should serve as a warning to IP content owners and creators considering working with an NFT developer/sales agent. To avoid major disagreements and fully protect themselves, IP content owners/creators need a lawyer with experience in documenting and negotiating NFT development, marketing and sale

 An author’s heirs has sued Paramount Pictures Corporation in federal court over the underlying rights to the  hit movie Top Gun: Maverick, which plaintiffs contend is  a  sequel to the original movie. Ehud Yonay wrote the original 1983 article in California magazine titled “Top Guns,” from which the 1986 motion picture “Top Gun” (the “1986 Film”) was based. According to

The rise in popularity of the blockchain ecosystem and growth in ownership of digital currency (e.g., Bitcoin), non-fungible tokens (NFTs), digital wallets, and digital asset trading platforms have had a substantial impact on our financial system. The United States is a global leader with increased development and adoption of digital assets. The market capitalization of the entire cryptocurrency market has

Mark was interviewed by Newsweek regarding Hollywood actor Depp lawsuit against his ex-wife Heard, 35, for $50 million alleging that she defamed him in an opinion piece in The Washington Post in December 2018. Mark explained the differences between U.K. and U.S law regarding defamation actions. In the U.S.A., public figures like Depp and Heard have to prove actual malice to

The increasing popularity of competitive video games has created a global Esports industry that in 2021 had an audience size of 474 million viewers and generated $1.6 billion. While the industry is generating billions off its’ tournaments and providing long term investments and sponsorship opportunities for brands, game publishers, and even private equity firms, many Esports pros and agents, are