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HTMLVirginia Becomes First State to Formally Regulate Daily Fantasy Sports
James B. Rixey; Vandeventer Black LLP;
Legal Alert/Article
June 5, 2016, previously published on May 2016
On March 7, 2016, Governor McAuliffe signed into law the Fantasy Contests Act (the “Act”), making Virginia the first state to formally regulate daily fantasy sports websites such as DraftKings and FanDuel. The Act distinguishes these daily fantasy sports websites from illegal gambling...

 

HTMLAttorneys General Issue Negative Opinions on Daily Fantasy Sports
David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
June 2, 2016, previously published on April 28, 2016
One of the most important features of Daily Fantasy Sports (DFS) contests is their characterization as games of skill, not chance. If they were games of chance, they would be considered to be illegal gambling activities in many jurisdictions. The Fantasy Sports Trade Association justifies this...

 

HTMLVirginia and Indiana: Governors Sign Laws Regulating Daily Fantasy Sports
McDonald Hopkins LLC;
Legal Alert/Article
April 19, 2016, previously published on April 7, 2016
March was a big month for the legalization of daily fantasy sports (DFS). On March 7, 2016, Virginia’s Gov. Terry McAuliffe signed HB 775, the Fantasy Contests Act, which, among other things, defines “fantasy contests,” and specifically states that they are not illegal gambling.

 

HTMLNew Class Action Filed Challenging NCAA’S Scholarship Caps and Transfer Rules
Farrah Short, Bruce D. Sokler; Mintz Levin Cohn Ferris Glovsky Popeo P.C.;
Legal Alert/Article
March 15, 2016, previously published on March 9, 2016
In the latest chapter in the litigation wars against college athletics, on March 8, 2016, another antitrust class action was filed against the NCAA in its “home court,” the United States Southern District of Indiana. This latest suit, Deppe v. NCAA, Case No. 1:16-cv-00528, gathers in...

 

HTMLRodeo Associations Fail to Wrangle Each Other in First Round of Antitrust Class Action: District Court Denies Plaintiffs’ Preliminary Injunction and Defendants’ Motion to Dismiss
Farrah Short, Bruce D. Sokler; Mintz Levin Cohn Ferris Glovsky Popeo P.C.;
Legal Alert/Article
February 17, 2016, previously published on February 8, 2016
An upstart rodeo association, created and owned by professional rodeo cowboys, challenged that its competitor’s bylaws aimed at the new association and its participants constituted agreements that unreasonably restrain trade and monopolize the market in violation of Sections 1 and 2 of the...

 

HTMLCorus Entertainment to Acquire Shaw Media in Transformational Acquisition
Borden Ladner Gervais LLP;
Legal Alert/Article
February 15, 2016, previously published on February 9, 2016
On January 13, 2016, Corus Entertainment Inc. has entered into an agreement to acquire all of Shaw Media Inc. from Shaw Communications Inc. (SCI) for C$2.65 billion to be paid through a combination of cash and Corus Class B shares. The transaction will give Corus ownership of all of Shaw Media's...

 

HTMLDaily Fantasy Sports Contests - Illegal Gambling or Not?
Brenner Lackey McDonald; Butler Snow LLP;
Legal Alert/Article
February 4, 2016, previously published on January 21, 2016
Nationwide, the Daily Fantasy Sports (“DFS”) Industry, including heavy hitter players DraftKings and FanDuel, is growing exponentially but not without controversy. The debate is burgeoning - are DraftKings and FanDuel running blatant illegal gambling operations or are the two giants...

 

HTMLCrowdfunding until You “Make It”
Elizabeth Ann Clippard; Butler Snow LLP;
Legal Alert/Article
February 4, 2016, previously published on January 22, 2016
A major problem for most entertainment artists (“artists”) is funding their work and covering their living expenses while they build a following. Traditional sources of funding can be hard to come by without a large institutional investor or a label prepared to front all of the costs...

 

HTMLSweeping Advertising Statements Can Be Misleading
Michael Rainer; GRP Rainer LLP;
Legal Alert/Article
January 27, 2016, previously published on January 25, 2016
The Landgericht Berlin (Regional Court of Berlin) ruled on April 14, 2015 that blanket advertising of savings is misleading to consumers (Az.: 103 O 124/14).

 

HTMLCongress Tackles Concussions
McDonald Hopkins LLC;
Legal Alert/Article
January 20, 2016, previously published on January 8, 2016
On Tuesday, House Energy and Commerce Chairman Fred Upton (R-MI) announced that three of his subcommittees will partner on a comprehensive review of head injuries. The review will bring partners in from the medical community, the military, athletes, and other stakeholders to provide the broadest...

 


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