UMBLR INSIGHTS

 

 

TD Bank’s $3 Billion Wake-Up Call

 

 

Emily Brafman – On October 10, 2024, the Department of Justice (DOJ) announced that TD Bank has historically become the largest U.S. financial institution to plead guilty to failing to uphold anti-money laundering (AML) standards under the Bank Secrecy Act (BSA), failing to file accurate Currency Transaction Reports (CTRs), and engaging in money laundering. This […]

 

 

Pills, Power, and Profits: Unpacking the FTC’s Crackdown on PBMs and the Drug Pricing Dilemma

 

 

Noel C. Rodriguez – Last month, the Federal Trade Commission (FTC) filed a lawsuit against “The Big Three” pharmacy benefit managers (PMBs)– CVS Caremark, Express Scripts, and OptumRx– claiming that these companies manipulate drug prices to their advantage and contribute to the harsh realities Americans face in trying to afford life-saving medications. PBMs have played […]

 

 

Consumer Safety at Risk: Examining the Supplement Industry Post-DSHEA

 

 

Genesis Fajardo – In light of the growing trend of health gurus and supplement enthusiasts, the market’s unprecedented expansion has raised significant concerns about consumer safety and regulatory practices. The passage of the Dietary Supplement and Health Education Act (DSHEA) in 1994 transformed the supplement industry, increasing its market value from $4 billion to over […]

 

 

Is the Magic of Disney Hiding a Dark Legal Strategy? A Look into Arbitration Clauses and Their Power

 

 

Jackson Weatherall – Disney World, often revered as the most magical place on Earth—a place of joy, laughter, and excitement- became a legal nightmare for one New York family. Tragically, 42-year-old doctor Konokporn Tangsuan died last year after dining with her husband and mother at the Raglan Road Irish Pub in Disney Springs. Despite Tangsuan […]

 

 

BMI Takes SiriusXM to Court Over Royalty Dispute: A Battle Over Fair Compensation for Songwriters

 

 

Marian Llontop – Earlier this month, Broadcast Music Inc. (BMI) filed a rate court lawsuit against SiriusXM to resolve a long-standing dispute over royalty rates. BMI, one of the most influential music-licensing organizations, contends that SiriusXM, a leading digital radio broadcaster, has been underpaying songwriters, composers, and publishers despite its significant growth as a digital-focused […]

 

 

The International Olympic Committee: Maintaining Monopoly Power Amidst Economic Hardship

 

 

Lauren Rasco – While the Olympics are typically viewed as a time of celebration and global unity, many legal and economic challenges arise in preparation for this massive event – beginning with the selection of a host country. The International Olympic Committee (“IOC”) considers various factors when selecting a host country, including geopolitical factors, socio-economic […]

 

 

Birkin Bust: Is Hermès Violating the Sherman Anti-Trust Act?

 

 

Emma Shapiro – In the world of luxury fashion, where exclusivity reigns supreme, few brands command as much reverence as Hermès. The French luxury house has long epitomized elegance and sophistication, with its Birkin handbag standing as a beacon of status. According to a 2016 study conducted by BagHunter, the Birkin has had an average […]

 

 

 

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Navigating South Florida’s Rapid Development and Legal Landscape: Insights from the University of Miami Business Law Review Fireside Chat

 

 

Kaitlyn Jauregui – South Florida’s rapid development and its legal implications took center stage in a recent fireside chat hosted by the University of Miami Business Law Review. The panel, moderated by Professor Thomas F. Nealon III, provided a comprehensive exploration of the opportunities and challenges associated with our local region’s growth. Florida is a […]

 

 

A Means Test at Odds with Itself: The Secured Debt Expense in Chapter 7 Consumer Bankruptcy Cases After The Supreme Court’s Decision in Lanning and Ransom

 

 

Roma Perez

 

 

Let’s Shake on it: Perceived Pre-contractual Risk in Cross-border Investment

 

 

Kevin J. Fandl JD, Phd