Rosenkranz: Congress Won't Change Copyright Laws

April 9 (Bloomberg) -- Joshua Rosenkranz, head of the Supreme Court and Appellate Litigation practice at Orrick, Herrington & Sutcliffe LLP, talks with Bloomberg Law's Spencer Mazyck about obtaining a landmark victory from the U.S. Supreme Court on behalf of his client, Supap Kirtsaeng, in one of the top business and consumer cases in the court's nine-month term, Kirtsaeng v. John Wiley & Sons. On March 19, 2013, the high court ruled that textbooks and other goods made abroad can be resold in the U.S. without violating American copyright law, bolstering the multibillion-dollar “gray market.” Rosenkranz, in this "Rainmakers" episode, also discusses the implications of the court's decision for copyright holders, publishers and manufacturers, which say their U.S. sales are being undercut.
European Stocks Down After Greek Referendum
27:54 - Bloomberg's Mark Barton reports on today's action in the European markets. He speaks on “Bloomberg Markets.” (Source: Bloomberg)
  • Marc Faber: Likelihood of Greek Contagion Is Very High
  • ECB Will Maintain Emergency Funding to Greece: Memani
  • Chinese Market Volatility Is Disconcerting: Clouston