Marriott’s Costly FCC Fine Shows that Licensing Issues May Lurk in Non-Telecom Transactions

Insight Stephen Díaz Gavin Stephen Díaz Gavin · September 11, 2018
Marriott’s purchase of Starwood Hotels & Resorts turned out to be more costly than expected: in a recent FCC consent decree, Marriott agreed to pay a fine of $504,000 for failing to obtain FCC consent to transfer radio station licenses controlled by Starwood before the purchase was finalized. Using this and other examples, Stephen Diaz

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OCC to Accept Special Purpose National Bank Charter Applications for Fintech Companies

Insight John R. Mussman John R. Mussman · September 05, 2018
In this article, Rimon Partner, John Mussman, reviews the July 31 Comptroller of the Currency announcement that it would begin accepting special purpose national bank charters for fintech companies.  The special purpose charter will offer a fintech company that engages in electronic banking or lending activities a national platform

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Rimon’s Dror Futter Contributes to Blockchain for Enterprise Book

Insight Dror Futter Dror Futter · September 05, 2018
Rimon Fintech Partner Dror Futter was acknowledged by Manav Gupta, Director & Distinguished Engineer, Cloud Native Competency at IBM, for his contributions to the legal sections of Mr. Gupta’s recently published book: “Blockchain for the Enterprise: The Definitive Guide to Adoption of Blockchain in the Enterprise.” In

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ICO Tokens & the SEC: You Can’t Even Give Them Away …. No, Seriously

Insight Dror Futter Dror Futter · August 21, 2018
The SEC has issued a Cease & Desist Order and sanctions against a token issuer and its founder.  Among several findings, the SEC determined that the “Bounty Program” run by the issuer constituted a securities offering.  The Order states “a ‘gift’ of a security is a ‘sale’ within the

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Default Interest Is Enforceable in Bankruptcy Except When It’s Not

Insight Douglas J. Schneller Douglas J. Schneller · John J. Hanley John J. Hanley · August 21, 2018
Default interest is a very common feature in all manner of lending transactions in today’s market.  However, few legal issues have created more confusion or generated more litigation.  Bankruptcy courts, in particular, have struggled with the issue but have failed to develop a consistent framework.  There are many pitfalls but

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Know What You’re Voting On: It’s Important and It Takes Vigilance

Insight Harvey Sepler Harvey Sepler · August 06, 2018
Rimon Litigation Partner, Harvey Sepler, was featured by Law.com on the challenge he filed to Florida's proposed amendment 6 (which was the first challenge). In a democracy, there is nothing more important than the right to vote. It is from there that enforcement of many of our other constitutional rights springs. But protecting the

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Rimon’s Stephen Trachtenberg for Higher Education: The First 25 Phone Calls a President Should Make the First Day on the Job

Insight Stephen Joel Trachtenberg Stephen Joel Trachtenberg · August 01, 2018
Rimon’s Stephen Trachtenberg writes about how to develop a network and establish alliances during the early days as a university president.  Click here to view the article. Stephen Joel Trachtenberg is President Emeritus and University Professor of Public Service at The George Washington University. He served as GW’s 15th

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Fake News, Troubled Celebrity Endorsements & Social Media

Insight Joseph I. (“Joe”) Rosenbaum Joseph I. (“Joe”) Rosenbaum · August 01, 2018
On Tuesday, July 24, 2018, I had the privilege of presenting a live, interactive, video-conference program and course entitled “A Perfect Storm: The Intersection of Fake News, Celebrity Endorsements & Social Media,” sponsored by Lawline. The course was broadcast live and also recorded at Lawline’s Studio in lower Manhattan and

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Top Ten Issues to Consider When Dealing with Loan Participations

Insight Douglas J. Schneller Douglas J. Schneller · John J. Hanley John J. Hanley · July 24, 2018
Rimon Partners, John Hanley and Douglas Schneller, have an important update titled "Top Ten Issues to Consider When Dealing with Loan Participations". Loan participations can be an effective way for lenders to reduce their exposure to a borrower’s credit and manage their loan portfolios and liquidity, and for investors to acquire an

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Rimon’s Stephen Trachtenberg Discusses the Decline on University Enrollments with the Martin Center for Academic Renewal

Insight Stephen Joel Trachtenberg Stephen Joel Trachtenberg · July 10, 2018
Rimon’s Stephen Trachtenberg discusses the reasons why college enrollment is decreasing in The James G. Martin Center for Academic Renewal's article, "A Worrisome Trend for Higher Education: Declining Enrollments." Click here to view the article. Stephen Joel Trachtenberg is President Emeritus and University Professor of

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