Michael P Regan

January 20, 2021 | New York Law Journal

In 'Loughlin v. Meghji', the court held that a provision of a commercial contract requiring the payment of double the amount of attorney fees expended by the "substantially prevailing party" in a litigation between the contracting parties is not an unenforceable penalty. While some may believe that this particular provision is, in fact, a penalty, the court's mode of analysis in reaching that result is the more important takeaway for commercial lawyers.

By Michael P. Regan

6 minute read

October 19, 2004 | Law.com

In the largest single licensing deal in U.S. radio's history, the industry has agreed to pay $1.7 billion over six years to a group that doles out royalties to songwriters. Stations will pay a set fee for music, rather than a percentage of yearly revenue, under the agreement announced Monday. The nation's roughly 12,000 commercial radio stations will also have the group's blessing to simulcast its 7.5 million copyrighted songs over the Internet.

By Michael P. Regan

3 minute read