As the call for renewable energy becomes more urgent, both federal and state governments have begun implementing new apparatuses to encourage the production of renewable energy. One mechanism being utilized by many states is called a Renewable Portfolio Standard (RPS) or a Renewable Electricity Standard. These are “regulations requiring or encouraging electricity producers within a…
Month: December 2015
Visa Plans to Repurchase Visa Europe
On Monday, November 2, Visa announced its plans to acquire its former European Unit, Visa Europe Ltd., for as much as $23.3 billion.1 The main objectives of the deal are to increase Visa’s international reach and to compete with MasterCard, its main competitor, who is already integrated in Europe.2 The two companies were previously one…
Do Social Impact Bonds Still Have Promise?
The government’s new experimental program seeks to encourage investors to finance social programs in a manner similar to they way they finance a business venture. These new “Pay for Success” programs, also known as social impact bonds, encourage private sector investors to finance social programs they believe will be successful. If the program achieves measurable…
Concepcion, a Procedural Hurdle for DraftKings and FanDuel Class Action Plaintiffs (Part II)
The Daily Fantasy Sports (“DFS”) industry continues to be the center of attention for media pundits, state and federal lawmakers, and high-profile lawyers. Since my last blog post explaining the DraftKings’ data leak that sparked the initial wave of scrutiny of DFS1, major American sports leagues have made efforts to distance themselves from the industry,2…