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.
Cryptocurrency intimidates most people. The reason is straightforward. People fear what they do not understand. When confusion sets in, the common reaction is either to ignore the subject entirely or to mistrust it. For years, that is exactly how most of the public and even many in law enforcement treated cryptocurrency. However, such apprehension changed […]
Author: Bryce S. Robins
Using chattel paper to obtain a security interest in personal property is a powerful tool. It can ensure lenders have a legal claim on collateral ranging from inventory to intellectual property. To reduce risk and protect your legal rights, businesses and lenders should understand the legal framework. This framework governs the creation, sale, and enforcement […]
Author: Dan Brecher
For years, digital assets operated in a legal gray area, a frontier where innovation outpaced the reach of regulators and law enforcement. In this early “Wild West” phase of finance, crypto startups thrived under minimal oversight. That era, however, is coming to an end. The importance of crypto compliance has become paramount as cryptocurrency has […]
Author: Bryce S. Robins
Earlier this month, the U.S. Supreme Court issued a decision in Ames v. Ohio Department of Youth Services vitiating the so-called “background circumstances” test required by half of federal circuit courts.1 The background circumstances test required majority group plaintiffs pleading discrimination under Title VII of the Civil Rights Act to meet a heightened pleading standard […]
Author: Matthew F. Mimnaugh
Special purpose acquisition companies (better known as SPACs) appear to be making a comeback. SPAC offerings for 2025 have already nearly surpassed last year’s totals, with additional transactions in the pipeline. SPACs last experienced a boom between 2020–2021, with approximately 600 U.S. companies raising a record $163 billion in 2021. Notable companies that went public […]
Author: Dan Brecher
Merging two companies is a complex legal and business transaction. A short form merger, in which an acquiring company merges with a subsidiary corporation, offers a more streamlined process that involves important corporate governance considerations. A short form merger, in which an acquiring company merges with a subsidiary corporation, offers a more streamlined process. However, […]
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!