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Royalty Splits, Copyrights & More: 'Ruthless' NFT Market Sparks New Legal Debates


Copyrights, Royalty Splits & More: ‘Ruthless’ NFT Market Sparks New Legal Debates
Billboard
3 hrs ago
Tatiana Cirisano
On April 26, an NFT of a Jean-Michel Basquiat drawing popped up on the marketplace OpenSea with the promise that the winning bidder would be granted copyright ownership of the work and the option to destroy the physical original. But after Basquiat’s estate intervened, confirming that the seller held no rights to the drawing, the NFT was removed within 48 hours.
The kerfuffle reflects confusion over how the rapidly growing artistic medium fits into existing copyright law an especially thorny space to navigate for NFTs involving music, given the music industry’s complex web of rights-holders. As artists and executives are clamoring to strategize how best to approach the emerging market, then, so are their lawyers. ....

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Families USA Spearheads Strategic Initiative to Galvanize Action on Equity in Covid-19 Vaccine Distribution


Families USA Spearheads Strategic Initiative to Galvanize Action on Equity in Covid-19 Vaccine Distribution
05.25.21
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The Rockefeller Foundation Grant Helps Ensure Greater Access to Vaccines for BIPOC Communities and Build Long-Standing Change
As the country continues to grapple with the devastating impact Covid-19 has had on the health and economic well-being of Black, Indigenous, and People of Color (BIPOC), Families USA is launching a strategic initiative to help states and communities equitably distribute Covid-19 vaccinations. This effort – made possible with financial support from The Rockefeller Foundation and in partnership with Health Equity Solutions and Manatt Health – will help achieve the Equity-First Vaccination Initiative’s national equity goal of vaccinating at least 70 million people of color by July 2021. The project also aims to inform equitable responses to provide immunization boosters and other key health equity concerns. ....

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New York State Grant and Incentive Funding Opportunities Now Available | Manatt, Phelps & Phillips, LLP


2021 Consolidated Funding Application Process Now Open, Beginning the 11
th Round of Regional Economic Development Council Initiative
On May 10, 2021, New York Governor Andrew Cuomo announced the 11
th round of the Regional Economic Development Councils (REDC) initiative with the opening of the Consolidated Funding Application (CFA) process. All ten of New York State’s regions, as represented by ten Regional Councils, will compete for a share of up to $150 million in Empire State Development (ESD) capital grants and $75 million in Excelsior Tax Credits. The deadline for applications is Friday, July 30, at 4 p.m., and all CFA grants are subject to the 30 percent minority-and-women-owned business enterprises contract goals. ....

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