Sarah Silverman’s Lawsuit Against OpenAI for Copyright Infringement
In July of this year, comedian and author Sarah Silverman and similarly situated co-plaintiffs filed a class action complaint in the United States District Court for the Northern District of California against OpenAI and related entities. Silverman and her co-plaintiffs alleged infringement of their held copyrights under 17 U.S.C. § 106 by...
Hermes vs. Rothschild – IP Issues Arising With NFTs
The blockchain is a digital public ledger. Like its physical counterparts, the blockchain is a record of transactions and ownership. Information is recorded in "blocks," and each new block is linked to all preceding blocks using certain cryptographic functions.
In short,...
How AI May Impact Intellectual Property Rights
We examine the ownership of AI-generated patents and describe recent examples of the friction between AI and IP and potential policy changes to address these challenges.
What is AI?Before diving into the intricacies of AI and IP, let's briefly define AI. AI refers to...
Colorado’s State-Imposed Remediation Plan Impact on Oil Companies
One of the key issues the bill sought to address was the cost to the state of plugging wells that are no longer in use and the remediation of drilling sites that may be contaminated. Millions of these wells exist across...
What Is a 501(C)(4) Nonprofit?
The Internal Revenue Service (IRS) defines a 501(c)(4) nonprofit as a tax-exempt organization that is established for social welfare purposes or local associations of employees. The term “501(c)(4)” refers to the section of the Internal Revenue Code where these organizations are granted tax-exempt status.
What do 501(c)4 nonprofits...What Are Fiscal Sponsorships?
A fiscal sponsorship is a relationship between a nonprofit organization and a third-party entity engaged in a project or activity related to its mission – the nonprofit extends its legal and tax-exempt status to that third party in exchange for an administrative fee. The nonprofit is the "Fiscal Sponsor," and...
Why Businesses Should Care About Esg
ESG is an acronym for environment, social, and governance and is a framework used to measure the value of a business based on its impact on those three factors. The environmental criteria assess the effects of or interaction with the environment,...
EPA Proposed Water Pollution Standards and Their Effect on Power Plants
On March 8th, 2023, the Environmental Protection Agency (EPA) announced their proposal of stricter water regulations under the Clean Water Act. This Act's primary goal is to reduce discharges of toxic metal and other pollutants from coal-fired power plants into lakes, streams, and other water bodies. EPA administrator Michael S. Regan stated, “[e]nsuring...
Protecting Your Rental Property Through an LLC
Do you own a second property that you rent out for income? If so, you should know the potential legal issues that may hold you personally liable if you operate the rental property individually, not through an entity structure.
As a rental property owner, consider protecting yourself by transferring...
The Difference Between Asset vs. Equity Deals
Starting a business requires a lot of groundwork, up-front capital, and relationship building. For some, obtaining the resources or the control of an existing company is preferable to surmounting any financial or laborious start-up costs.
There are several ways for an individual or an entity to purchase a business—outside...