Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Author: Scarinci Hollenbeck, LLC
Date: September 4, 2013
The Firm
201-896-4100 info@sh-law.comIn a surprising move, the National Football League and more than 4,500 former NFL players announced that they had reached a proposed $765 million settlement regarding concussion lawsuits. However, if this proposal is approved, how will it affect the NFL’s future obligations under sports law to ensure its athletes are protected and educated about potential injuries?
Given the high costs of this ongoing litigation, the NFL may opt to publish more comprehensive safety information regarding the potential health effects of concussions. Perhaps more impact, the league may also introduce new measures to ensure that all players who have suffered head injuries are thoroughly examined and cleared to go back on to the field – a scenario that plaintiffs content was rarely followed during their playing days. Lomas Brown, a seven-time Pro Bowl offensive tackle with the Detroit Lions, Arizona Cardinals, Cleveland Browns, New York Giants, and Tampa Bay Buccaneers told the Associated Press that the NFL’s uncharacteristic decision to settle indicates its acknowledgement of its own negligence.
However, other industry professionals argue that the settlement essentially absolves the NFL of any responsibility or wrongdoing, which may discourage the league from implementing new costly or burdensome safeguards to protect athletes. According to the Guardian, the NFL will have dodged a bullet if the settlement is pushed through, namely because the $765 million sum will help players and their families deal with the repercussions, but is still small enough so as not to threaten the league’s financial or reputational condition.
In the absence of a court ruling, the NFL will be free of being forced to make significant changes to its standards and heath guidelines. Without these mandates in place, it will be interesting to see if the league makes new safety determinations of its own accord to avoid future litigation or chalks the settlement up as a win to continue its existing policies.
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Corporate transactions can have significant implications for a corporation and its stakeholders. For deals to be successful, companies must act strategically to maximize value and minimize risk. It is also important to fully understand the legal and financial ramifications of corporate transactions, both in the near and long term. Understanding Corporate Transactions The term “corporate […]
Author: Dan Brecher
Ongoing economic uncertainty is forcing many companies to make tough decisions, which includes lowering staff levels. The legal landscape on both the state and federal level also continues to evolve, especially with significant changes to the priorities of the Equal Employment Opportunity Commission (“EEOC”) under the Trump Administration. Terminating an employee is one of the […]
Author: Angela A. Turiano
While filing annual reports may seem like a nuisance, failing to do so can have significant ramifications. These include fines, reputational harm, and interruption of your business operations. In basic terms, “admin dissolution for annual report” means that a company is dissolved by the government. This happens because it failed to submit its annual report […]
Author: Dan Brecher
Antitrust laws are designed to ensure that businesses compete fairly. There are three federal antitrust laws that businesses must navigate. These include the Sherman Act, the Federal Trade Commission Act, and the Clayton Act. States also have their own antitrust regimes. These may vary from federal regulations. Understanding antitrust litigation helps businesses navigate these complex […]
Author: Robert E. Levy
If you’re considering closing your business, it’s crucial to understand that simply shutting your doors does not end your legal obligations. Unless you formally dissolve your business, it continues to exist in the eyes of the law—leaving you exposed to ongoing liabilities such as taxes, compliance violations, and potential lawsuits. Dissolving a business can seem […]
Author: Christopher D. Warren
Contrary to what many people think, corporate restructuring isn’t all doom and gloom. Revamping a company’s organizational structure, corporate hierarchy, or operations procedures can help keep your business competitive. This is particularly true during challenging times. Corporate restructuring plays a critical role in modern business strategy. It helps companies adapt quickly to market changes. Following […]
Author: Dan Brecher
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!