Name, Image, Likeness
The Name, Image, and Likeness Legal and NCAA Regulatory Landscape

The purpose of this article is to summarize the name, image, and likeness legal landscape, and the rights athletes would have to commercialize their right of publicity depending on what is ultimately legislated.


Name, Image, Likeness
NAIA Passes Name, Image, and Likeness Legislation

As college athletics awaits the NCAA’s proposed modifications to its name, image, and likeness legislation, the NAIA has become the first intercollegiate athletics governing body to pass legislation permitting athletes compensation for the use of their name, image, and likeness. […]


NCAA Compliance
NCAA Compliance 101: Understanding the NCAA’s Drug-Testing Appeals Process

The NCAA’s drug-testing program is designed to promote fair and equitable competition in college athletics and to deter college athletes from using performance-enhancing drugs or other banned substances. As part of the program, the NCAA provides year-round, championships, and bowl game drug testing.


M&A
Add-On Acquisitions in Lower Middle Market Private Equity

While the second quarter of 2020 continued a COVID-propelled downward trend in M&A deal activity, there was a sharp increase in the proportion of sponsor-backed “add-on” acquisitions relative to overall deal volume.


Fantasy Sports & Gaming
IRS States That DFS Operators Are Liable For Excise Tax

A recent IRS Internal Memorandum has ruled that DFS operators must pay federal excise taxes on entry fees, a viewpoint that, if enforced, could have widespread effects on the fantasy industry.


Funding & Capital Raising
The Mechanics of Converting Convertible Notes

Convertible notes are a great tool for venture financing, however, the actual mechanics of converting convertible notes is not a simple task and requires great care.


Sports Law
Maintaining Sponsorship Partnerships During COVID-19 and Beyond

Colleges and universities should make ensure they have a solid understanding of how COVID-19 may impact each sponsorship agreement and potential concerns each sponsor may have.


Funding & Capital Raising
Advisor Exclusions

There are some specific exclusions from the SEC and Texas state rule for what constitutes an Investment Adviser.