Business Law Section Weekly Newsletter
We at the Business Law Section of The Florida Bar would like to take a moment to thank those to whom we are grateful. First, we appreciate our members – your participation is what makes us one of the best sections in the Bar. Second, we’d like to acknowledge our sponsors – without you, we could not provide the quality programming and events to our membership. In this issue, we’d like to recognize our first ever Diamond Sponsor, Michael Moecker & Associates, with a special feature below. Next, we’d like show appreciation to our administration – in particular Stefanie Svisco, Tracey Eller and Paul Perdomo. Without your constant help, we could not run our virtual events or keep our members updated. Lastly, we’d like to thank our executive board. Without your tireless work, this ship would veer off course. With all that is going on, you have all shown resilience and adaptability, and we just wanted to make sure we showed our gratitude. So thank you.
The Business Law Section is honored to have Michael Moecker & Associates, Inc. as a DIAMOND Sponsor!

Michael Moecker & Associates, Inc. (“MMA”) is a multifaceted company that specializes in providing investors, bank officers, shareholders, creditors, and attorneys with successful resolution of insolvency, bankruptcy, and liquidation matters. Executive management of the company act, with court approval, as Receivers, Trustees, Assignees, Custodians and Examiners. Senior members of MMA, along with supporting staff, have managed over 1,000 cases in a variety of industries including; retail, distribution, manufacturing, transportation, shipping, service related industries and others.
We asked Mark Healy, Executive Vice President, for 2 Truths and a Lie
  1. My favorite movie is Titanic.
  2. My hobby is swimming.
  3. My hidden talent is that I am a pinball wizard.

Which is the lie? Visit our Facebook page to vote!

The possibilities for use of crypto currencies in various levels of industry and financial markets through a blockchain distributed ledger are endless.  Crypto currencies can be used as a way to transfer money, to invest, to create contracts, to provide services, or to digitize an asset—and these are only some of the possibilities that come to mind. Under this reality, legal advances regarding cryptocurrencies are steadfastly being developed. Regulation on investments, consumer protection, taxation and protection against illegal activities, such as money laundering and terrorism, are but some of the legislative considerations being reviewed worldwide, and new laws in this digitized era are being created constantly.  

A crypto token is given a value by a group or organization, and supported by an existing blockchain platform. Tokens are generally considered fungible assets and, therefore, tradeable, (a token for a token) but some are uniquely created and not interchangeable; i.e., non-fungible tokens (“NFT”). An NFT may be a lottery ticket or a patent, a song, a digital baseball card, a meme, or a work of art. See, Zach Hein, The weird, wild and expensive world of blockchain art, August 30, 2018 at https://www.engadget.com/2018/08/30/cryptokitties-gods-unchained-blockchain-art/.  
Kudos to Our Members (Correction)
Congratulations to Manny Farach and Greg Weiss on completing the full Iron Man 70.3 Gulf Coast in Panama City on November 7, 2020! This was incorrectly stated they did the HALF in the last issue. The full-length IRONMAN began about dawn and included a 2.4-mile swim, a 112-mile bicycle ride and a 26.2-mile run. Kudos for accomplishing this feat!