Author Archives: UMBLR

NIL Deals and the Transfer Portal: The Duke–Mensah Dispute and the Next Phase of College Athletics

Alexander Brenner – College sports are rapidly evolving. The transfer portal and Name, Image , and Likeness (“NIL”) compensation have created a system where college athletes can earn significant amounts of money while also moving between schools without penalty. Just a few years ago, college athletes were not allowed to participate in athletics for a […]

Meta v. IRS: A Multi-Billion Dollar Reckoning

Mark Estrada – The Internal Revenue Service (IRS) is deploying new valuation strategies to target Meta for profit shifting and underpayment of taxes. The IRS is seeking nearly sixteen billion dollars in tax deficiencies, all related to Facebook’s—now Meta’s—2010 use of an international tax framework called the double Irish—a now-abolished ownership arrangement that routed profits […]

The World Is Running Out of Cheap Oil — And Markets Are Panicking

David Somoza-Cano — On the morning of March 12, 2026, United Airlines stock plummeted 33% in a single trading session. Crude oil surged past $100 a barrel. Tankers were burning in the Persian Gulf. Unexpectedly, Washington authorized the sale of Russian oil that has been sanctioned for years. This is not a routine market correction. […]

The Recent SCOTUS Strike Down of “Liberation Day” Tariffs and its Ripple Effects on the Global Fashion Industry

Linda Geib – On April 2nd, 2025, President Donald Trump enacted what he dubbed “Liberation Day Tariffs,” which imposed sweeping import duties on goods entering the United States (“U.S.”) from countries across the globe. These tariffs were implemented under the International Emergency Economic Powers Act (IEEPA)−a 1977 statute that grants the President authority to regulate […]