Most Favored Nation

Most Favored Nation (or Give It To Them, Gotta Give It To Me, Too)

In international trade, having a most favored nation agreement means that your country will receive trade terms on par with the most favorable terms offered to another country. When it comes to performing arts the term is applied in a similar manner. The term Most Favored Nation (MFN) appears most frequently in connection with performance rights for songs. Entertainment lawyer Gordon Firemark recently posted a video on the subject: “When you see that a deal ...

Legal

1 comment

Read More

Never Accept The Treasurer’s Report

With all the recent emphasis about the responsibility of a non-profit board to practice good governance and oversight it may come as a surprise to learn that refraining from approving the treasurer’s report on the financial status of the organization is the most responsible course. During a board meeting there are a lot of items on the agenda upon which members will make motions to accept and vote on, but the treasurer’s report should not ...

Read More
What's Up With Event Liability Insurance

What’s Up With Event Liability Insurance

If you try to hold an event somewhere, you will most likely be asked to provide general liability insurance coverage for the event. If you are an established company that already has insurance coverage for your daily operations, your insurance agent can often arrange for coverage  to extend to the venue for the period of your event. Typically a venue will ask to be named as additionally insured on the certificate of insurance. Fractured Atlas ...

Legal

Leave a comment

Read More