- FTC Announces Final “Click-to-Cancel” Rule
On October 16, 2024, the Federal Trade Commission (FTC) announced a final “click-to-cancel” that will require sellers to make it as easy for consumers to cancel their subscription/enrollment as it was to sign up. The rule is a result of the FTC’s ongoing review and modernization of its 1973 Negative Option Rule, which meant to combat unfair or deceptive practices related to subscriptions, memberships and other recurring-payment programs.
Why it Matters: According to the FTC, the number of consumer complaints related to negative option marketing programs has been steadily increasing over the past five years and in 2024 the Commission received nearly 70 consumer complaints per day on average, up from 42 per day in 2021.
———
- Intellectual Property and Rebranding: What Business Leaders Need to Know
Rebranding a business is exciting. It’s often done at a time of growth and transformation, such as a merger or acquisition, when a business is launching an important new product, entering a new geographic market, or trying to appeal to a new customer demographic. Whether you’re updating your logo, changing your company name, or overhauling your entire brand identity, it’s a big step that can lead to great opportunities.
Why it Matters: But before you dive into the creative process, it is crucial to consider the intellectual property (IP) law implications of a rebrand. Your brand is one of your most valuable assets, and rebranding involves important legal considerations that can impact your business’s future. In this article, we’ll walk you through some key IP issues you need to consider when rebranding. These considerations will help you protect your new identity and avoid costly legal pitfalls along the way. Read more.
———
- Michigan CRA Publishes September ’24 Data: Average Price Decreases
Per data released by the Cannabis Regulatory Agency (CRA), the average retail price for adult-use sale of an ounce of cannabis in September was $78.68, a decrease from $80.14 in August. This is a decrease from September 2023, where the average price was $100.14.
Why it Matters: While the prices of cannabis and cannabis-related products continue to decrease and make consumers happy, growers on the other hand are seeing profits decrease resulting in them seeking ways to halt new licenses to be granted in an effort to steady prices.
———
- Business Education Series: Avoid the Five Business Dangers
On Wednesday, October 30, Tom Hamp, Hamp Business Coaching, will delve into the critical issues of poor leadership skills and their impact on organizational success, explore strategies to overcome underperforming sales, and discuss the consequences of ineffective marketing. Additionally, we will examine the importance of robust human capital management and the detrimental effects of financial mismanagement. This seminar is designed to provide practical solutions and actionable insights to help you navigate and resolve these common business problems effectively.
Why it Matters: Learn how to understand your business’s financials, understand profit and loss and use it to your advantage. Also, learn how leadership impacts staff and how to manage employees better by increasing leadership skills. Full information and to register.
———
- 10 Fraser Trebilcock Attorneys Selected for 2024 List of Super Lawyers, Rising Stars in Michigan
Eight Fraser Trebilcock attorneys have been selected for inclusion on the 2024 Michigan Super Lawyers list, with two additional attorneys named “2024 Rising Stars in Michigan.” Those selected include: Michael S. Ashton, Administrative Law; Michael P. Donnelly, Business Litigation; Mark E. Kellogg, Estate & Probate; Danielle Lofton (Rising Star), Personal Injury – General: Plaintiff; Hon. Paula J. Manderfield (Ret.), Alternative Dispute Resolution; Thaddeus E. Morgan, Business Litigation; Melisa M.W. Mysliwiec, Elder Law; Gary C. Rogers, Personal Injury – General: Defense; Elizabeth M. Siefker (Rising Star), Estate & Probate; and Marlaine C. Teahan, Estate & Probate.
Why it Matters: Only 5% of lawyers make the Super Lawyers list, and 2.5% make the “Rising Stars” list. The selection process for Super Lawyers is multi-phased and includes independent research, peer nominations and peer evaluations. In the United States, Super Lawyers Magazine is published in all 50 states and Washington, D.C., reaching more than 13 million readers. Read more.
Related Practice Groups and Professionals
Business & Tax
Intellectual Property | Andrew Martin
Cannabis Law | Sean Gallagher
