Suffolk Law Professor Carter Bishop and Louis T. M. Conti, Esquire, a partner in the Tampa and Orlando, Florida offices of Holland & Knight, LLP, discuss the implications of the Florida Supreme Court decision in the Olmstead case. Mr. Conti is the immediate past chair of the Florida Bar Association Business Law Section, currently is chairing a drafting Task Force of representatives from various sections of The Florida Bar which has been considering a revised LLC Act in Florida, and is also  the chair of the Florida Bar Association Business Law Section “Olmstead Patch” committee that drafted Florida House Bill 253 which “cabins in” the Olmstead holding regarding foreclosure of a SMLLC interest, but precludes application to multiple member LLCs. The charging order statutes table reveals that only two other states have statutes which recently considered this matter (Wyoming precludes foreclosure but Utah authorizes foreclosure) but over 20 states have similar pre-Olmstead Florida statutory language (silence as to “exclusivity” of the charging order remedy) making this issue truly national.

Supporting documents for this podcast are online at:

http://law.suffolk.edu/admissions/flolmsteadcaseandimplications.cfm

Attention bloggers: The Federal Trade Commission approved new Web guidelines pertaining to “Guides Concerning the Use of Endorsements and Testimonials in Advertising.” The FTC wants bloggers to disclose free products or payments they have received from companies for reviewing their products.  Co-hosts and attorneys J. Craig Williams and Bob Ambrogi welcome Attorney Eric P. Robinson, Staff Attorney at the Media Law Resource Center and Attorney Barry J. Reingold, partner in the Washington D.C. office of Perkins Coie,  to clarify the FTC’s new guidelines, look at the ethics of blogging, blogger abuse and how these new guidelines will impact the blogosphere

The American Bar Association filed suit against the Federal Trade Commission after they applied the Red Flags Rule to lawyers, leaving the legal community reeling.  Attorneys and co-hosts Bob Ambrogi and J. Craig Williams welcome Attorney Andrew M. Smith, Partner at the Washington DC office of Morrison & Foerster and chair of the American Bar Association’s Red Flags Task Force and privacy expert, Attorney Mari J. Frank to spotlight the Red Flags Rule.  They will take a look at the controversial Red Flags Rule, the suit filed by the ABA, and how this rule could ultimately affect the legal community.