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City of Chicago, Illinois v. Fulton: The Supreme Court Shifts the Burden to Debtors to Reacquire Their Vehicles

 

 

CHRISTIAN DE LA OSA—On January 14, 2021, the United States Supreme Court decided City of Chicago, Illinois v. Fulton. In a unanimous decision, the Supreme Court held that “mere retention” of property of the estate after a bankruptcy petition has been filed does not violate the Bankruptcy Code’s “automatic stay.” At first glance, this decision […]

 

 

The Potential for COVID-19 Immunity Passports in the United States

 

 

HELENA MASIELLO—The economic and physical impact of COVID-19 has led government officials and industry leaders to consider novel safety measures, such as requiring employees to take regular COVID-19 tests and requiring employees to show immunity passports to enter their jobs. The proposed testing protocols would require workers to test negative for the virus before they […]

 

 

UMLR INSIGHTS

 

 

Facebook, Inc. v. Duguid: The Challenges of Regulating Rapidly Changing Technology

 

 

HANNA BURT—The Supreme Court’s recent decision in Facebook, Inc. v. Duguid highlighted the growing gap between law and technology and revealed how the Court’s narrow interpretation of regulatory statutes can exacerbate this divide. The rapid advancement of technology contrasts sharply with the slow evolution of law. As a result, it is estimated that law is […]

 

 

In with the New, But Out with the Old?

 

 

MICHELLE ADAMS—The recent rise in popularity of digital art, coupled with more industries accepting cryptocurrency as a valid form of payment, has led to increased interest and fear of how blockchain will eventually disrupt traditional industries that currently act as intermediaries in transactions. But what exactly is blockchain, and how will it affect the legal […]

 

 

NFTs and the Legitimizing Power of Copyright

 

 

DANIEL MAYOR—The recent high-value sales of digital art NFTs (non-fungible tokens) by Beeple, and, even more recently, of a self-portrait NFT made by Sophia the Robot, signals the digital token’s acceptance as an attractive new asset for tech-savvy creatives. But avant-garde digital artists are not the only early-adopters of this craze and organizations like the NBA have made […]

 

 

Florida S.B. 48: The Florida Senate Prepares to Historically Expand School Choice

 

 

NICOLAS BRISCOE—The school choice movement has regained steam in the midst of a pandemic that has seen schools across the country shuttered at the behest of politically powerful teachers’ unions. According to the Center on Reinventing Education, parents are struggling to adapt to the remote learning environment: they are spread too thinly and are unable […]

 

 

Winning, but at What Cost? The Problem of Loot Boxes in Video Games and How the FTC Could Help

 

 

SYDNEY LANDERS—On August 3, 2020, a class action complaint, naming Electronic Arts (“EA”) as the defendant, alleged that loot boxes in games, specifically sport franchise games like FIFA, “entic[e] consumers . . . to engage in gambling and similar addictive conduct.” Loot boxes are a form of microtransaction: some use in-game currency to purchase new […]

 

 

Re-Contextualizing Medical Marijuana Reimbursements in Anticipation of Its Legalization

 

 

SEAN HUGHES—Currently, there is strong bipartisan support at the federal level for the legalization of medical and recreational marijuana. The Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act is bipartisan legislation that removes marijuana from the Controlled Substances Act (CSA), thus decriminalizing marijuana at the federal level and enabling states to define their own laws regarding […]

 

 

The Securities Act of 1933: A Textual Approach to Direct Listings

 

 

HARRIS BLUM—Congress enacted the Securities Act of 1933 to implement a full and fair disclosure regime in connection with public offerings of stock. The Act’s linchpin is its registration requirement, which forces companies (“issuers”) to file a registration statement with the SEC before selling shares to the public. A registration statement contains extensive disclosure about […]

 

 

 

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