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February 2019 Archives

Water company and model in contract dispute

A bottled water brand popular among many Texas consumers is engaged in a legal battle with a model who has become known for her association with the company. Model Kelleth Cuthbert found her way into photos and videos at the 2019 Golden Globes by showing up behind celebrities on the red carpet while serving bottles of Fiji Water. Photos and videos featuring the model went viral on the internet, and she became known as "Fiji Water Girl." After the exposure, Fiji engaged in an online advertising campaign using Cuthbert's images with the water brand.

Amazon in lawsuit with Woody Allen

In 2018, rumors emerged suggesting Amazon was looking to dump Woody Allen from the 2017 four-movie contract signed between the two parties. The first of the four films, "A Rainy Day in New York," was filmed in 2017 and has yet to receive a release date. The long wait for a release date coincides with the timing of the #MeToo movement in which Allen was implicated, leading some to believe that the stalled release is intentional.

How blockchain could change commercial real estate

Investors and others who are involved in Texas commercial real estate may have heard about the disruptive potential of blockchain. For instance, blockchain may bring about the advent of the smart contract. Smart contracts tend to allow for greater transparency between parties in a deal, which can increase trust between those parties. It may also result in the deed to a property being transferred immediately after the contract's conditions are met.

How technology can change the real estate business

Commercial real estate investors in Texas may find that artificial intelligence technologies will begin to have an impact on the industry as a whole. The residential real estate market is already seeing some effects from the use of bots to respond to inquiries as well as algorithms that seek out potential homes for interested buyers. However, on the commercial side of the market, the greatest potential for AI may be found in easing and transforming transactions. AI principles may allow investors to better understand the opportunity presented by a particular potential transaction.

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