The Financial Crimes Enforcement Network (FinCEN) has announced a new deadline to report beneficial ownership information (BOI) under the Corporate Transparency Act (CTA). For the vast majority of reporting companies, the new deadline to file an initial, updated, and/or corrected BOI report is March 21, 2025. Continue reading
Author Archives: Kaitlin Corey
The Corporate Transparency Act: What Business Owners Need to Know
In an effort to combat the proliferation of anonymous shell companies used for criminal purposes in the United States, Congress enacted the Corporate Transparency Act (the “CTA”), which requires Reporting Companies to report personal identifying information about the Beneficial Owners and Company Applicants to the Financial Crimes Enforcement Network (“FinCEN”), which will maintain the personal identifying information in a secure database for use by governmental authorities and certain financial institutions.
What is a Reporting Company?
Reporting Companies include domestic corporations, limited liability companies, or other entities created by filing with a secretary of state or similar office under the laws of a state or an Indian tribe and corporations, limited liability companies, or other entities formed under the laws of a foreign country that has registered to do business in the United States. Continue reading
Rejection of a Trademark License in Bankruptcy Does Not Terminate the Licensee’s Right to Use the Trademark
On May 20, 2019, the Supreme Court answered the longstanding question of what happens to a licensee’s right to use a trademark under a license agreement if a bankrupt licensor rejects the license agreement. The Court held that a licensor’s ability to reject a license agreement does not extinguish licensee’s rights under the trademark license and therefore, the licensee may continue to use the trademark under the terms of the license agreement. Continue reading
Registration is Required Before Suing for Copyright Infringement
The United States Supreme Court held in Fourth Estate Public Benefit Corp v. Wallstreet.com, LLC, that the Copyright Office must either issue a (1) copyright registration certificate or (2) refuse to register a copyright before a copyright owner can sue for copyright infringement.
Prior to this decision, there was a split among the circuits concerning the interpretation of the first sentence of Section 411(a) of the Copyright Act which states, “no civil action for infringement of the copyright in any United States work shall be instituted until preregistration or registration of the copyright claim has been made in accordance with this title.”
Continue readingDuped by Goop
Before making health and wellness claims about products, companies should make sure the claims they are asserting are accurate. Accurate does not mean that customers stand by the product and agree with the claims — the asserted claims must be backed by science. If companies are not careful, they could face a false advertising suit. Continue reading
Monkey See, Monkey Do, But Monkey Can’t Sue
The Ninth Circuit recently ruled in its case concerning monkey selfie photographs.
As many remember, in 2011, while visiting an Indonesian rainforest, nature photographer David Slater left his camera unattended. According to Slater, a monkey known as Naruto, picked up Slater’s camera and took multiple “selfies”. The selfies went viral.
After Slater used the photographs in a book that he published, PETA sued Slater for infringing the monkey’s copyright. The questions became: Does PETA have standing to sue on behalf of Naruto? If so, is a monkey an author for purposes of the Copyright Act of 1976?
Update: Is Pandora PayPal?
In August of last year, I wrote a blog post analyzing the likelihood of confusion factors as applied to the trademark infringement claim that PayPal filed against Pandora based on Pandora’s blue “P” logo.
In November the parties reached a settlement agreement and PayPal dismissed the lawsuit against Pandora. No details of the settlement were announced.
Recently I noticed what I thought was a new app on my iPhone; but it wasn’t a new app — it was Pandora’s app with a new logo design. If you have the Pandora music app on your smart phone, you also may have noticed that Pandora’s logo is quite different than it was before (I like it).
I can only speculate as to what the settlement agreement between Pandora and PayPal says, as it is likely confidential, but it is common in settlement agreements concerning trademark disputes that the alleged infringer is given a certain amount of time to phase out an infringing mark and rebrand. Perhaps that is what happened here.
UMBC’s 16 Over 1 Win – A Lesson in the Importance of Trademark Registration
By now just about everyone is aware that the UMBC Retrievers became the first Number 16 seed to beat a Number 1 seed in the NCAA men’s basketball tournament. Prior to this past Friday night, many may not have been aware of the existence of UMBC, and now everyone is talking about this historical win.
With the massive amounts of attention that the school is getting, the school’s officials were made aware that UMBC did not have a trademark registration for “Retrievers.” Continue reading