Trade

LulaNO: The Legal Future of Multi-Level Marketing Companies

By: Brittany Locke

With the promise of working part-time, at home, for a full-time salary, many women (and men) known as “retailers” joined LuLaRoe, dollar signs flashing in their eyes. Founded in 2012 as a multi-level marketing company (“MLM”) selling women’s clothing, LuLaRoe reached 80,000 distributors by 2017. In 2016, the company, led by a husband-and-wife team, reported sales of approximately $1 billion. Anyone who had any presence on social media between 2014 and 2019 probably knew someone hawking colorful patterned “buttery soft” leggings, one of LuLaRoe’s signature items and their top seller.

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Preview of the Oral Argument at the Supreme Court: ZF Automotive US, Inc. v. Luxshare, Ltd.

By: Qingrong Ruan

The Supreme Court decided to grant certiorari to the case ZF Automotive US, Inc. v. Luxshare, Ltd., and the parties will argue in front of the Court tomorrow, March 23. The issue is whether 28 U.S.C. § 1782(a) applies to private commercial arbitral tribunals. The statute gives litigants the right to ask district courts to assist them in gathering evidence for use in “a foreign or international tribunal.” Continue reading »

The Growing Popularity of NFTs: How to Protect Your NFT Personal Property Rights

By: Joshua Durham

With an astounding $17.7 billion in sales in 2021 alone, the non-fungible token (“NFT”) has recently undergone a dramatic rise in prominence in the cryptoverse, similar to the “crypto summer” of 2017-18 or the “DeFi summer” of 2020. Although NFTs have been around since 2014, this asset class has only just experienced its first and quite remarkable outgrowth, thus staking its claim in the broader blockchain industry. Continue reading »

Get Your Chip Together: The Role of Patent Protection in the Global Chip Shortage

By: Ryan Mahabir

Have you noticed a shortage of Ford and Toyota vehicles? Have you had trouble finding a new washing machine? Are you wondering if you will ever get your hands on a PlayStation 5? You are likely not alone in having these thoughts. All of the aforementioned products require semiconductor chips for their electrical components to function properly and to “provide a variety of functions ranging from computing to storage and memory.” Continue reading »

What China’s New National Security Law Means for the Special Trade Relationship between the U.S. and Hong Kong

By: Arya Koneru

Hong Kong Skyline

Hong Kong Skyline

 

Hong Kong offers several international trade benefits that elevated the city to a prosperous financial and commercial hub. Over 1,300 American companies operate in Hong Kong, with more than 800 having a central office in the city. Companies are attracted to Hong Kong for a multitude of reasons, all stemming from its semiautonomous system of governance.

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