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In Case You Missed It: Loeb News From September 2021

Have you heard how Loeb is moving the needle? Loeb’s lawyers are always advising on the latest trends, issues, and legislation to help our clients and communities succeed. Here are some highlights and firm news from the past few weeks!

  • Loeb is pleased to welcome two new partners to the firm! Please join us in welcoming Tanya Forsheit, who will serve as co-chair of the firm’s Privacy, Security & Data Innovations practice in the Los Angeles office, and Chicago partner Peter Bergan, whose practice strengthens the firm’s national real estate platform and enables us to serve an even wider range of clients across the country.
  • Loeb represented the Academy of Country Music in a ground-breaking deal with Amazon Prime Video to be the home of the 57th Academy of Country Music Awards (ACM Awards), which will livestream exclusively on the platform in 2022. Click here to learn more about the deal.
  • The New York State Department of Health (NYSDOL) has designated COVID-19 as an airborne infectious disease under the NY HERO Act, triggering new legal responsibilities for employers. Partners Ian Carleton Schaefer, Mark Goldberg and associate Brian M. Hayes explain what employers need to know in this client alert.
  • Loeb & Loeb advised Saban Music Group (SMG) in the signing of a multiyear partnership with award-winning reggaeton artist, actor and philanthropist Don Omar. Click here to learn more about the deal.
  • The National Collegiate Athletic Association (NCAA) has adopted an interim policy suspending previous name, image and likeness (NIL) rules that prohibited the commercialization of a student-athlete’s NIL. The interim policy, effective July 1, allows student-athletes to receive NIL-related compensation from third-party endorsements and other business activities without jeopardizing their NCAA eligibility, provided that the athletes follow the requirements prescribed by their states’ laws and their schools’ NIL policies. Partners Arash Khalili, Brian Socolow and associate Lisa Wiznitzer discuss key takeaways of this policy.
  • Loeb advised Hong Kong-listed Xtep International Holdings Limited and its wholly-owned subsidiary, Xtep Global Investment Limited, in the issuing of: (i) HK$500 million convertible bonds by Xtep International to GSUM IV Holdings Limited; and (ii) US$65 million perpetual convertible bonds by Xtep Global to GSUM VII Holdings Limited, respectively. Click here to learn more about this deal.