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Posted on in Real Estate/Tax/Volume VI

Assessing Los Angeles’ Measure ULA: Objectives, Efficacy, Impact, and Legal Compliance

By Allen Nobel Introduction Measure ULA, the “Mansion Tax” or the “Homelessness and Housing Solutions Tax,” voted on the November 2022 ballot, aimed to raise taxes on property sales exceeding $5 million within the City of Los Angeles. Measure ULA was approved by voters and became a legally binding ordinance on April 1, 2023.[1] Amidst widespread debate,… Keep Reading

Posted on in Business Organizations/Capital Markets/M&A/Volume VI

An Examination of The Proposed Kroger and Albertsons Merger, Its Potential Effects on the Economy, and Its Regulatory Battle With the FTC

By Simon Lockard Introduction: On October 14, 2022, Kroger and Albertsons announced their plan for a $24.6 billion merger to consolidate the two largest traditional grocery store corporations in the United States.[1]  Kroger and Albertsons claim they must merge to remain competitive against Walmart and Amazon in the grocery space.[2]  The proposed merger would create a corporation… Keep Reading

Posted on in Employment/Entertainment/Labor Law/Volume VI

The New WGA Agreement and What It Means For Labor Relations Nationwide

By Kristine Khosrovyan Introduction The Writers Guild of America (WGA) strike has been at the forefront of the public eye since May 2023, resulting in a recent, groundbreaking agreement with major Hollywood studios. In the rapidly changing world of the entertainment industry, negotiations and agreements between industry stakeholders often shape the future of the entire… Keep Reading

Posted on in Employment/Entertainment/Labor Law/Volume VI

The Year of the Strikes: The Inherent Rights, Broadening Unemployment Benefits, and Wage Increases for Workers Demanding Change in Their Industries

By Sophie Zarkesh Introduction Over the past year, the U.S. has been hit with a vast amount of workforce strikes from a plethora of industries, ranging from Hollywood to fast-food and hospitality.  Within these industries, low-pay and deeply flawed working conditions are the driving force of the strikes as actors, writers, production assistants, automotive workers, hotel managers, and… Keep Reading

Posted on in Commercial Litigation/Finance/Volume VI

An Examination of Commercial Litigation Funding in the United States

By Chance King Introduction  Litigation funding, also known as third-party financing or legal finance, has a rich and evolving history in the United States. It refers to the practice where a third party provides financial support to a plaintiff in exchange for a portion of the potential monetary proceeds from a lawsuit. Over the years,… Keep Reading

Corporate Governance and Twitter’s Demise: The Revlon Rule in Focus

By Sharifa Hurt I. Introduction The legal rules of corporate governance are necessarily in place to discourage corporate greed and corruption. The situation in which corporate actors operate in self-interest at the cost of their shareholders’ demise is hardly an uncommon circumstance, and often has devastating outcomes. Theranos founder Elizabeth Holmes, defrauded investors out of… Keep Reading

Posted on in Bankruptcy/Business Organizations/Government/Investment/Public Policy/Volume V

FTX’s End Game: How Sam Bankman Fried Became a Sad Bankrupt Fraud

By Steven Moore I. Introduction In December 2022, the House Financial Services Committee convened a hearing to investigate the collapse of the cryptocurrency exchange FTX, which occurred in early November 2022.[1] The testimony provided at this hearing, as well as subsequent reporting, exposed a shocking case of fraud and corporate malfeasance, rivaling the infamy of… Keep Reading

Posted on in Business Organizations/Government/Public Policy/Trade/Volume V

How Can the USDOT and Southwestern Re-Earn American Consumer Trust?

By Sophia Sahagun I. Introduction In December 2022, Southwest Airlines melted down. Almost 16,000 total canceled flights at the end of the month left travelers and employees stranded at airports all over the country.[1] Though at first inclement weather was blamed, later it became clear that this was a Southwest-specific problem about far more than… Keep Reading

Posted on in Employment/Government/Public Policy/Trade/Volume V

The New 27 Club: Label, Legacy, and the Law

By Dawson J. Sanders I.              Introduction Jimi Hendrix, Janis Joplin, Jim Morrison, Kurt Cobain – For many, these names together are invariably associated with what Rolling Stone Magazine calls “one of the most elusive and remarkably tragic coincidences in rock & roll history.”[1] The coincidence is now known as “the 27 Club,” referring to the… Keep Reading

The Erosion of Public Trust in the U.S. Bankruptcy System: Causes and Consequences

By Benjamin Miles I. Introduction to Bankruptcy Fraud Although many foreign legal scholars praise the U.S. bankruptcy system for its effectiveness in providing a fresh start for individuals or businesses in financial distress, the American public largely has lost faith in the system because of its perceived misuse by businesses seeking to evade debt obligations.… Keep Reading

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