I once got asked a question which I found hurtful and offensive, and felt tempted to 'blow up' the interview at that point. Fortunately, I resisted the temptation. As it turns out, the question was his way of introducing the next thing, which was telling me that he was offering me the job.

Here's my report on the actual ruling which is being reviewed: 2nd Circuit affirms denial of plaintiffs' preliminary injunction motion in WNET v Aereo

I guess it would take a litigator to notice this, but it's quite unusual that a preliminary injunction denial would be getting this kind of appellate attention.

In the first place, it was unusual for an interlocutory appeal to be granted from the denial of the preliminary injunction motion. In federal court usually you can only appeal from a final judgment.

Similarly, apart from the fact that it's always rare for a certiorari petition to be granted, it's especially tough where the appeal is not from a final judgment, but just from a preliminary injunction denial which does not dispose of the whole case.

If you actually bother to read the Federal Register text, you can see in the second paragraph of the introduction that the JOBS Act, and this subsequent regulatory structure, only applies to crowdfunding where the reward is a security. It specifically explains that this is different from the current model of crowdfunding in the U.S., where the donors receive some "token of value" related to the project, not a share of future financial returns. The SEC isn't trying to regulate the current system, but is trying (as directed by that law) to allow crowdfunding where the donor award is a security; the current regulatory structure, based on the Securities Act, largely makes this sort of model impossible due to the various requirements of public offerings.

So, there's nothing to get up in arms about. This is just a move by the SEC to allow something that isn't currently permissible under U.S. law, not an attempt to "tax Kickstarter" or "regulate Indiegogo" or whatever other nonsense people claim.

Funny, I had the same reaction when I read it. He seemed like a salesman for Google or something.

Dear Prince Bernard, If you're talking about my bank account, you're barking up the wrong tree :)

Fair use cases are very fact specific. If you start monkeying with the facts, Judge Chin might not feel the same way about it.

I don't know but please hire me as your lawyer when you do.

Thatswhatappealscourtsarefor

Agreed. Abelson should be ashamed of himself.