Should you have a loan-out company for your work in entertainment?

Gordon P. Firemark

I’m frequently called upon by clients to form a so-called “Loan-Out company” for them. What is a Loan-Out company? A loan-out company is a legal business entity established for the purpose of providing the personal services of its owner/employee to third parties.

Another Day, Another $50M Invested in A Legal Tech Company

Media Law

The digital ink is barely dry on my post yesterday recapping a record year in legal tech investments , and today there is news of another — in fact a further investment in a company already on my list for an investment earlier this year.

Transitioning from Kickstarting to Company Starting

Gordon P. Firemark

This alternate method, which uses a new securities law exemption, allows artists and creators to use the power and reach of the Internet to raise money for their company as a whole, rather than for a specific project. In contrast to the contribution model, an equity funding model raises money by selling equity shares in a project or company. The differences between contribution crowdfunding and equity funding.

IP Docketing Company Alt Legal Makes An Acquisition and Announces Its First User Conference

Media Law

Alt Legal , the cloud-based, intellectual-property docketing software company, has acquired MarkTend , a trademark docketing and monitoring software, for an undisclosed price. In other Alt Legal news, the company has scheduled its first user conference.

NBCUniversal Sues Company for Infringing on "NBCU" Trademark

THR, Esq. Entertainment & Media Law Blog

No, the company isn't suing itself. read more. THR, Esq. Television Television THR Online

LawNext Special Report: Clio CEO Jack Newton on His Company’s $250 Million Investment

Media Law

Yesterday, the cloud practice management company Clio announced $250 million funding round — one of the largest ever for a legal technology company.

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The Weinstein Company Hit With Racketeering Class Action

THR, Esq. Entertainment & Media Law Blog

"Weinstein’s widespread sexual misconduct did not occur without the help of others," states the complaint. read more. THR, Esq. Business Movies Business THR Online nsfs

Edward Norton's Production Company Sued Over Harlem Movie Set Fire

THR, Esq. Entertainment & Media Law Blog

A man and woman who live in the building claim residents weren't warned by producers when a fire started during filming of 'Motherless Brooklyn.' read more. THR, Esq. Movies Movies THR Online

The Weinstein Company Wins 'Lovelace' Lawsuit

THR, Esq. Entertainment & Media Law Blog

The Weinstein Company Linda Lovelace Millennium Films Business A judge sees the difference between a porn film and a biopic of a porn star read more. Movies THR Online THR, Esq.

Kate Hudson's Fashion Company Exec Sues for Wrongful Termination

THR, Esq. Entertainment & Media Law Blog

The suit claims the company assumed Talitha Peters was being treated for an addiction to illegal substances while on a temporary medical leave. read more. THR, Esq. Style Style THR Online

Bill Cosby Scores Victory Against Insurance Company

THR, Esq. Entertainment & Media Law Blog

AIG Property Casualty wanted out from having to defend the comedian against Janice Dickinson. read more. THR, Esq. The Business Television Business THR Online

Media Companies Just Got More Bad News in Gawker Bankruptcy

THR, Esq. Entertainment & Media Law Blog

A New York judge decides that California's free speech statute conflicts with federal rules. read more. THR, Esq. Business Movies Tech Business THR Online

Smart Contracts Company Clause Raises $5.5M; DocuSign Among Investors

Media Law

The smart-contracts company Clause said today that it has raised $5.5 million in a Series A financing round. The round was led by Galaxy Digital , an investment firm that specializes in blockchain, digital exchanges, and business-to-business software.

UK AI Company Luminance Gets $10 Million Series B Funding

Media Law

The UK company Luminance , an artificial intelligence platform for contract review, today announced that it has completed a Series B funding round of $10 million, at a valuation of $100 million. The funds will be used to support product expansion and global growth, the company says.

Former Sales Lead At Logikcull Joins Legal AI Company Evisort to Direct Business Development

Media Law

In a post here December , I wrote that the AI-based contract management company Evisort “might just be the hottest legal tech and AI company you’ve never heard of.” But since then, the company has been making a name for itself.

At AI Research Company ROSS, A New Stage of Transparency and Engagement

Media Law

For years, the artificial-intelligence legal research company maintained a shroud of secrecy around its product. At a conference of law librarians two years ago, Arruda was called out during a panel for his company’s lack of transparency. A More Mature Company.

E-Discovery Company Relativity Names A New CEO

Media Law

The e-discovery company Relativity said today that Mike Gamson , formerly a senior vice president with LinkedIn, has been named its new chief executive officer, effective July 1, and that founder Andrew Sieja will move to a new role as executive chairman of the company’s board of directors.

ABC Sued By Insurance Company Over "Pink Slime" Settlement

THR, Esq. Entertainment & Media Law Blog

AIG is resisting reimbursement of $25 million by arguing that the broadcaster had an obligation to go to outside counsel before running its controversial reporting. read more. THR, Esq. Business Television Business THR Online

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Ava DuVernay's Company Sued in Dispute Over Documentary's Awards Run

THR, Esq. Entertainment & Media Law Blog

A documentarian says the company didn’t submit his film for awards as agreed — and now won't stop claiming rights. read more. THR, Esq. Movies Movies THR Online Ava DuVernay Selma

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Major Merger Makes E-Discovery Provider An $800M Public Company

Media Law

Electronic discovery company KLDiscovery says it has entered into an agreement to merge with Pivotal Acquisition Corp., a public investment vehicle, in a deal valued at $800 million that will result in KLD becoming a publicly listed company.

Gannett Makes Higher Offer For Tribune Company

Media Law Prof Blog

The Gannett Company has raised its offer for the Tribune Publishing Company to $864 million, according to the Hollywood Reporter. The Tribune owns several major dailies, including the L. Times and the Chicago Tribune. More here from THR

Ava DuVernay's Company Sued For Botching Documentary's Awards Run

THR, Esq. Entertainment & Media Law Blog

A documentarian says the company didn’t submit his film for awards as agreed — and now won't stop claiming rights. read more. THR, Esq. Movies Movies THR Online Ava DuVernay Selma

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In Unique Partnership, Two Law Schools and A Private Company Collaborate on Tool to Reduce Evictions

Media Law

A unique collaboration between two law schools and a private company has produced a tool designed to help low-income tenants avoid eviction and seek redress for unsafe living conditions.

PracticePanther and Bill4Time Merge Into Single Legal Technology Company

Media Law

Over the past two years, the company Alpine SG (ASG) has acquired two legal technology companies, the practice-management platform PracticePanther in 2018 (which I covered here ) and the time, billing and practice-management platform Bill4Time in 2017. Now, ASG is merging the two companies to create a unified legal technology business, ASG LegalTech. The new company will continue to support both PracticePanther’s Miami office and Bill4Time’s Bellevue, Wash.,

David Letterman's Production Company Beats Lawsuit from Royalty Collector

THR, Esq. Entertainment & Media Law Blog

A judge rejects a lawsuit from Worldwide Subsidy Group. read more. THR, Esq. The Business Television Business THR Online

Producer Claims CEO Sexually Manipulated Him to Take Control of His Company

THR, Esq. Entertainment & Media Law Blog

Ryan Wiik says Tasmin Lucia-Khan used sex and lies to force him out of the company he founded. read more. THR, Esq. The Business Business THR Online

Asked and Answered: Should I have a Loan Out Company?

Gordon P. Firemark

“Asked and Answered&# will be a new occasional feature of this blog. From time to time, I’ll answer some of the most frequently asked questions I receive in my practice. This is intended as general information only and does not establish an attorney-client relationship. It is not a substitute for a private, independent consultation with [.].

California Task Force Vote This Week Could Open Door To Private Companies Delivering Legal Services

Media Law

What YouTube Could Learn from Record Companies

Music Technology Policy

Ask any journalist who’s been threatened with a lawsuit by the most litigious company in commercial history if they dared to publish royalty rates. So here’s what YouTube can learn from record companies. No record company discloses to the public the royalties they paid to any of their artists and no record company would ever put their artist in the position of being a lottery winner poster child to promote the label.

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A Legal Campaign Against Spotify Intensifies Ahead of the Company's Plan to Go Public

THR, Esq. Entertainment & Media Law Blog

Hundreds of settlement objectors (Tom Petty, Weezer's Rivers Cuomo, Sir Anthony Hopkins, et al.), a new copyright lawsuit and a scathing reply to Spotify's recent bombshell filing. read more. THR, Esq. Business Music Tech Business THR Online

With ‘Seal Now,’ AI Company Expands Into Pre-Execution Contract Review

Media Law

Seal Software , the company that helped spawn the increasingly competitive field of enterprise contract review and analytics, has now expanded into the pre-execution, negotiation side of the contracts lifecycle with the launch of Seal Now, a contract analytics product specifically designed to review draft contracts prepared by a third party on its own templates. As GC of a growing company, she explained, she cannot personally review every contract.

CRTC Fines Canadian Company Over Spam Emails

Media Law Prof Blog

The agency found the Quebec-based company sent commercial emails to consumers without consent and then further violated Canadian law by failing to The Canadian Radio-television and Telecommunications Commission (CRTC) is fining Compu.finder $1.1

'Orphan Black' Production Company Must Face Copyright Lawsuit in California

THR, Esq. Entertainment & Media Law Blog

The $5 million lawsuit alleges the series was cloned from a screenplay submitted to producers a decade ago. read more. THR, Esq. The Business Television Business THR Online

Clio CEO Jack Newton Joins Board of AI Legal Research Company ROSS

Media Law

Jack Newton , cofounder and CEO of the legal practice management company Clio , has joined the board of directors of ROSS Intelligence , the AI-powered legal research service. The company moved its headquarters to Silicon Valley in 2015 after securing $4.3

Deadmau5 Sues Vape Company for Trademark Infringement

THR, Esq. Entertainment & Media Law Blog

The deadmodz vape brand is confusing deadmau5 fans who think the electronic music star is behind the electronic cigarette line, according to the lawsuit. read more. THR, Esq. Music Music THR Online

'Midnight Rider' Producer Claims Insurance Company "Sabotaged" Film

THR, Esq. Entertainment & Media Law Blog

Film Allman asserts it was pushed into a settlement with Sarah Jones' family, says that Randall Miller's guilty plea doesn't mean he's guilty, and describes how it attempted to revive the rock & roll film. read more. THR, Esq. The Business Movies Business THR Online

HBO, John Oliver Sued By Energy Company Over Segment on Coal Mining

THR, Esq. Entertainment & Media Law Blog

The defamation lawsuit discusses how Oliver created a "villainous" portrait of Murray, 77, who "needs a lung transplant" and who "does not expect to live to see the end of this case." read more. THR, Esq. Business Television Business THR Online

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Three’s Company “Brunette” Arrested for DUI on Independence Day

Law of Hollywood Land

On July 4th Joyce DeWitt, best known as Janet Wood on “Three’s Company&# , was arrested on suspicion of drunk driving. Tags: Celebrity DUI Drunk Driving Under Arrest joyce dewitt three's company Joyce DeWitt Mugshot.

Roundup of Company and Product News from ILTACON, Part 1

Media Law

Here is Part 1 of a roundup of some of the legal technology companies and news I saw there. It works easiest with the research platforms Fastcase and Casemaker, thanks to arrangements the company made with them, but is not limited to those services.

Marvel Sued by Luggage Company Over 'Avengers' Box Set Packaging

THR, Esq. Entertainment & Media Law Blog

German company says the Disney-owned studio has replicated its "impervious" attaché case used by Samuel L. Jackson in the film. read more. THR, Esq. Movies Movies Style Business Avengers The Avengers International

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Global Legal Research Company vLex Acquires UK Service Justis Publishing

Media Law

The global legal research company vLex will announce today that it has acquired Justis Publishing Ltd., ” There will be no immediate changes to either company’s products, as the immediate focus will be on management and strategy integration. a 33-year-old UK-based online legal publisher with clients in more than 40 countries including the UK, Ireland, the United States, Canada, the Caribbean, Hong Kong, Singapore, Australia, and New Zealand.

Innovative Law Firm/Tech Company Atrium Raises $65 Million

Media Law

Just last week, I reported on a $50 million investment in artificial intelligence company Kira Systems. Now comes news that Atrium — the combination law firm and legal technology company — has raised $65 million in a round that includes some of the biggest names in venture capital, with Andreessen Horowitz leading the round and General Catalyst , YC Continuity Fund , and Sound Ventures as co-investors. When it rains it pours for investment in legal technology.

Lucy Bassli, Former Microsoft Assistant GC, Joins AI Company LawGeex

Media Law

Two weeks after announcing her departure as assistant general counsel at Microsoft, Lucy Bassli has joined LawGeex, the artificial-intelligence contract review company, as chief legal strategist. The post Lucy Bassli, Former Microsoft Assistant GC, Joins AI Company LawGeex appeared first on Robert Ambrogi's LawSites.