Stay Compliant: Update Your Vendor Contracts Before 2023 - Klein Moynihan Turco LLP

Stay Compliant: Update Your Vendor Contracts Before 2023

Starting in December 2022, a series of significant laws (domestic and international) are due to come into effect, which will impact new AND existing vendor contracts. Vendor contracts are agreements between two parties (a vendor and a business/individual) that detail the goods and/or services that will be provided in exchange for compensation. The applicability of […]

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National Basketball Association NFT Marketing Efforts Exploited - Klein Moynihan Turco LLP

National Basketball Association NFT Marketing Efforts Exploited

On April 20, 2022, the National Basketball Association (“NBA”) engaged in a bit of NFT marketing and released 18,000 free NFTs in an exclusive drop, available only to its Discord server’s earliest members. In dropping “The Association” NFT collection (the “Collection”), the NBA had intended to allow each of its qualifying Discord channel members to

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California Automatic Renewal Law

California Strengthens its Automatic Renewal Law

On July 1, 2022, California Assembly Bill No. 390 (the “Amended Law”) will go into effect. The Amended Law revised Section 17602 of California’s Business and Professions Code, requiring businesses to adapt to a stricter Automatic Renewal Law (“ARL”). After July 1, companies offering automatically renewing subscription services to California State customers must, among other things,

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KMT’s David Klein Quoted in Law360: A Casino At Citi Field? How Steve Cohen’s Bid Could Play Out

By Zachary Zagger For the original publication, click here. Law360 (April 13, 2022, 3:21 PM EDT) — New York Mets owner Steve Cohen is pushing for a casino development near Citi Field in Queens, a proposal experts say could face obstacles as the state’s expansion of gambling sparks an industry fight over precious New York City real estate.

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NFT App Permitted to Return to the Apple App Store - Klein Moynihan Turco LLP

NFT App Permitted to Return to the Apple iOS Store

As our readership knows, NFTs are unique and often one-of-a-kind digital files, such as images or short videos, that use blockchain technology to establish publicly, verifiable proof of ownership. What you might not know is that Apple Inc. (“Apple”) bars NFT apps that sell and trade NFTs from its iOS platform. In an attempt to creativity comply with

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Kohl’s and Walmart Fined $5.5 Million for Marketing Law Violations - Klein Moynihan Turco LLP

Kohl’s and Walmart Fined $5.5 Million for Marketing Law Violations

On April 8, 2022, Kohl’s and Walmart were fined for violating federal marketing laws, resulting from a Federal Trade Commission (“FTC”) investigation alleging that the businesses had: 1) falsely marketed dozens of rayon textile products as being made of bamboo; and 2) misleadingly claimed that such “bamboo-derived” textiles were made using ecofriendly processes. In reality,

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