Category Archives: News

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 […]

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 […]

GameStop: What the Actions of a Group of Redditors and the Robinhood Trading Platform Can Tell Us About the State of Securities Trading

IVAN SMERZNAK—The trading value of several stocks, most notably GameStop, has skyrocketed in recent months after members of a Reddit discussion board actively encouraged users to buy the stock to push prices higher. However, as investors rushed to participate in this upward trend, some trading platforms including Robinhood, Investment Brokers, and Charles Schwab temporarily restricted […]