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I own a music catalogue and want to make "music nfts" and sell them via Open Sea"? They would be sold only as collectibles with no promise of upside. Would the SEC look at them as securities?
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answered on Oct 11, 2024
If you're selling music NFTs as collectibles without any promises of profit or financial returns, the SEC is less likely to classify them as securities. The key factor is whether buyers are investing with the expectation of earning something in return. Since your NFTs are purely for collecting... View More 
I'm developing a battle royale game similar to PUBG or Fortnite with Free-to-Play and Pay-to-Play tournament modes. In the Pay-to-Play mode, players pay a $50 registration fee, creating a $5,000 prize pool. Prizes include $1,000 for the winner, and $25 per kill and $30 per headshot, awarded... View More
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answered on Sep 25, 2024
In the U.S., you are generally required to issue a 1099-MISC form to players who earn $600 or more in a calendar year from your tournament. While you can include a disclaimer in your terms making players responsible for reporting and paying their taxes, the burden of reporting still falls on you... View More
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answered on Mar 5, 2024
Parodying a song for commercial purposes requires careful navigation of copyright and trademark laws, even when the intent is to create a humorous or satirical advertisement. When you consider using a melody or lyrics similar to the "Oompa Loompa" song from "Charlie and the Chocolate... View More
Do I need two separate LLC's. When filing trademark should it be under the LLC or me as individual?
answered on Oct 25, 2020
No, you can one LLC for both your clothing line and your entertainment line.
However, you should get your federal trademark in two classes, one class for your clothing products, and one class for your entertainment products.
answered on Jun 6, 2018
Good lawyers are never cheap and generally cheap lawyers are never good. If the contract is important to you never skimp on a lawyer. Remember in life in general, including lawyers you get what you pay for. As for the contract in general most lawyers know contract law as it is first year law... View More
I'm asking this question on behalf of a dear friend. She is a woman whom the state of New York has declared disabled. She has gone though two brain surgeries. In the years the trial has dragged on the arrears owed by her husband (who works in the entertainment industry) has amassed to... View More
answered on Oct 2, 2017
Hello and thanks for asking your question for a friend. It is a shame that this situation has dragged on for so long and it is surely something that should be avoided if at all possible. It is really very difficult to answer you with an great specificity without knowing all the ins and outs of your... View More
I have a concept for a track and field league that I'm putting together with a unique format. Before I put it fully together I wanted to know if I could protect the idea so it can't be copied by others. It's a different system then a normal track meet .The events will be the same but... View More
answered on May 16, 2017
I will not speak to patent protection, as that's outside of my practice area. Copyright law will protect the expression of your ideas or rules, that is, the creative organization of words used to write the rules, but not the underlying ideas or rules themselves. Trademark law will protect... View More
The segment recently aired. Do I have any recourse?
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answered on Feb 29, 2016
Without knowing more facts, it is hard to determine the answer. But if you did have a legitimate case (I'm not saying you do)
you can expect to pay an attorney a retainer of at least $2,500 to $5,000 just to take the case. Good luck.
answered on Oct 22, 2015
http://www.trademarkplus.com/promo/trademarks/trademark-cost-of-trademark-name.asp?afid=g109
That is just one result from a simple internet search.
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answered on Dec 23, 2010
No. This contract is void as against public policy and the courts will not enforce the contract.
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