The US Supreme Court recently decided Andy Warhol Foundation for the Visual Arts, Inc. v. Goldsmith et al. The case involved an orange silkscreen portrait of the musician Prince. “Orange Prince” was created by pop artist Andy Warhol and was derived from a copyrighted photograph taken in 1981 by Lynn Goldsmith. Orange Prince is one of 16 works which Warhol […]
The National Telecommunications and Information Administration (NTIA), located within the Department of Commerce, is the Executive Branch agency that is principally responsible for advising the President on telecommunications and information policy issues. On April 11, 2023, NTIA published a Request for Comment seeking feedback on policies that can support the development of AI audits, assessments, certifications and other mechanisms to […]
The Federal Trade Commission (FTC) has proposed a rule that would prevent employers from imposing noncompete agreements on their workers. The proposed rule is based on a finding that noncompete agreements suppress wages, hamper innovation, and block entrepreneurs from starting new businesses. Therefore, they constitute an unfair method of competition in violation of Section 5 of the Federal Trade Commission […]
An earlier post reported on the New York application of the “discharge-for-value rule” with respect to a payment made in error to the creditors of Revlon by Citibank the loan administrator. In that case, In Re Citibank August 11, 2020 Wire Transfers, the District Court for the Southern District of New York applied the rule as set forth in Banque […]