Many Americans do not know about Bollywood, but the rest of the world definitely does. The largest movie industry in the world, Bollywood movies sell 3.6 billion tickets in comparison to Hollywood's 2.6 billion tickets in the year 2004. [1] It is estimated that this year Bollywood made £1.26 billion [2] (approximately $2.6 billion US), and Bollywood has a projected growth of nineteen percent each year. [3] Part of the way that Bollywood is able to keep making movies that gross lots of money is to take successful films from Hollywood and remake them into Bollywood blockbusters. Movies such as Entrapment and ET have been made into Bollywood productions by changing the story to make it more akin to a musical than straight theater and making the characters more identifiable to Indian culture. Almost eighty percent of all Bollywood films has been "inspired" by a Hollywood … Read the rest
The Legal Attack on Fantasy Sports
In the last thirty years, fantasy sports
have evolved from a little known hobby into a $1.5 billion
industry.[1] While historical accounts differ, CNN claims that the
first fantasy league began in 1980 and involved the use of baseball
statistics.[2] Fantasy sports grew drastically during the 1990s, as internet technology gave rise to services that could conduct quick
statistical updates and provide fantasy managers with up-to-the-minute league
scores and standings.[3] By 2005, there were more than 12.6 million
Americans competing in fantasy sports leagues, spending nearly $500 per
player.[4] The rapid growth of the fantasy sports industry has spurred
litigation that threatens viability of the industry as a whole. In this article, I will discuss a recent case in which a
federal court was asked to declare fantasy sports to be a form of
illegal gambling.
The legality of fantasy sports came under direct attack in a 2007 case before … Read the rest
Bankruptcy and Student Loans: The “Undue Hardship” Factor
As tuition rates climb to an all time high, it is not unusual to hear of students leaving college with 40, 50, or even 60 thousand dollars of debt. Many law and medical students are graduating from school with a degree in one hand and 100 thousand dollars in student loans in the other. This continuing increase in tuition has many eager students pursuing community colleges over four year universities. [1] For example, Mott Community College's Michael Kelly states that enrollement has been up 28 percent in the last five years. [2] Kelly says that for some the choice is simple and "[t]he higher the cost is, the more students we get." [3]
The increase in tuition has lead many students to even pursue different career routes. Take for example Mayrose Wegmann, a 2004 alumnus from the University of Iowa graduating with a degree in political science
Outsourcing: Is Medical Care the New Frontier?
From manufacturing to engineering, computer programming and even legal services, American companies rely heavily on outsourcing as a way to increase efficiency and reduce the cost of operations. As the cost of health care in the United States continues to skyrocket, some patients are traveling overseas to undergo a variety of medical procedures at a fraction of the cost they would pay in the United States. [1] This article seeks to examine the legal issues that arise as more and more Americans travel to countries such as India, Thailand and Mexico to receive medical care,and illustrate how U.S. insurance companies other intermediaries are capitalizing on this new phenomenon.
II. Medical Tourism – An Overview
This phenomenon, which encompasses patients going abroad for elective as well as necessary medical procedures, is often referred to as medical tourism, and is quickly growing into a multi-billion dollar industry.[2] For decades, Americans
Illinois’ Right to Possess Statute Aims to Protect Tenants from Landlord Foreclosure
With real estate foreclosures at near record levels, more and more renters are forced to move prematurely because their landlords are unable to stay out of foreclosure. Foreclosed rental properties are quite common. For example, 44% of the repossessed properties sold in California last August were not owner-occupied. [1] After foreclosure, banks are not contractually obligated to let tenants occupy the premises and in most cases, tenants receive very little notice of the need to vacate. [2] In response, the Illinois legislature recently passed a law limiting a bank’s ability to force a tenant out after the property has been foreclosed. [3]
Prior to the newly enacted Right to Possess law, a tenant had limited information about ongoing foreclosure proceedings and little time to vacate the property after judgment. Since a landlord is not obligated to tell his or her tenants about the potential of foreclosure, most tenants did not
Analyzing the Beer Market
I. Introduction
On Tuesday, October 9th, London-based
SABMiller and Denver-based Molson Coors announced they would be
combining their brewing operations in the United States, creating a
brewer called MillerCoors.[1] This move is the latest in a growing
consolidation trend among the brewers of the world’s beer. In 2002, South African Breweries purchased
Miller Brewing from Philip Morris, forming SABMiller.[2] Molson Coors was formed in 2004 when Molson, a Canadian brewer, merged with Adolph Coors.[3] Earlier this year, Anheuser-Busch announced that it would be importing Czechvar Beer, brewed by the Czech state-run brewery
Budejovicky Budvar NP[4] into the United States despite a century-long legal battle over the Budweiser name.[5] Most recently, Scotch & Newcastle, the U.K.’s largest brewer, is receiving numerous takeover bids from other major
brewers.[6]
The
first part of this article will examine the SABMiller and Molson Coors
United States brewing operations merger in some detail, including … Read the rest