Heitner LegalCompanies take on an extreme amount of risk when contracting with professional athletes and/or celebrities to endorse their products. As soon as both sides are able to come to a mutual understanding regarding the terms and conditions that will be contained in the agreement, the athlete immediately becomes a spokesperson serving as one of the […]
In the eyes of the law, a properly formed and maintained limited liability business structure is a separate entity or “person” from its owners and employees[1]. This legal benefit allows for the limited liability of individuals who seek to invest, start up, or become a part of the business structure. Consequently, in the event the […]
Johnny Manziel, also known as “Johnny Football,” has not yet taken a National Football League regular season snap. However, that has not stopped the Heisman Trophy winner from filing applications in an effort to seek federal trademark protection over a variety of phrases. Of course, “Johnny Football” is one of the many phrases that Manziel […]
American Honda Motor Corp., Inc. announced that it has signed Cole Seely to its factory supercross/motocross team with a multiyear contract. As a member of the Troy Lee Designs Honda satellite squad, Seely this year finished a close second in the AMA Supercross series 250 West title chase and also performed well during three appearances […]
For those looking to form a corporate entity with pass-through taxation, no limitation on the number of members (owners) allowed, limited liability for the company’s debts, flexibility to structure management, fewer formalities than a corporation, and/or the ability to form subsidiaries without restriction, the formation of an limited liability company in Florida may be exactly what […]
Music publishing companies are extremely valuable to the future of recording artists and groups in the music industry. Most artists are typically concerned about securing their first major recording deal with a top label; as a result, they fail to see the importance behind obtaining or forming a publishing company. There are many record labels […]
For BYU fans hoping to make use of apparel sporting the university’s football team’s slogan for the upcoming 2014 season, unfortunately, you are out of luck. This past week, BYU officials discontinued sale of merchandise containing the slogan “Rise As One,” removing the items from store shelves and online listings. The discontinuation of BYU’s use […]
This past Tuesday, the NCAA and former athletes came to an agreement on a settlement that would appear to effectively put an end to the lawsuit filed by several former athletes approximately three years ago. Pursuant to the agreement, member schools of the NCAA will be required to amend their current concussion-management policies and enact […]
The National Basketball Association’s (NBA) collective bargaining agreement (CBA) is the contract between the National Basketball Players Association (NBPA) and the NBA Board of Governors (the commissioner and all thirty owners) that sets out the litany of regulations by which the league operates. The CBA outlines the rules for, among other things, player contracts, trades among […]
In the midst of last week’s arbitration ruling that labeled Jimmy Graham a “tight end” and today’s probate hearing that may or may not play a significant role in the future landscape of the NBA, one Sports Law news story that has been constantly set aside is the ongoing lawsuit against the PGA Tour initiated […]