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McCain Pushes for Telecom Diversity
Senate Commerce Committee Chairman Sen. John McCain, R.-Ariz., has introduced the "Telecommunications Ownership Diversity Act of 2003," offering a market-based solution for the growing concentration of media and telecommunications ownership. The bill, introduced Thursday, would offer large capital gains tax deferrals to phone and media firms that sell assets to smaller companies or individuals.Malpractice Suit Ruled Not 'Core' to Chapter 11
The former partners of defunct New York law firm Hall Dickler are facing a legal malpractice suit for failing to advise a company to file for bankruptcy earlier than it did.Patent Flap Is Big-Screen Flop
Imax Corp. was none too happy when a startup announced it had developed technology to convert 2-D movies into the 3-D format. So Imax, which already shows 3-D movies in its giant-screen theaters, went after In-Three Inc. for patent infringement. The twist, though, is that Imax bought the patent at issue from two inventors so it could sue In-Three. But Imax hasn't been successful in enforcing the patent.States Increase Pressure on Microsoft About Windows XP and Monopoly
Six state attorneys general not involved in the Microsoft antitrust case sent a letter to Microsoft executive Steve Ballmer expressing concern about the upcoming Windows XP operating system. The attorneys general are worried that the operating system "may involve additional unlawful attempts by Microsoft to maintain its operating system monopoly."The Inside Scoop on Media and Entertainment Law
Ask attorneys about media and entertainment law and you frequently hear about the excitement, the glitz and glamour of dealing with famous people.Trending Stories
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