TiVo gets bankruptcy court approval to buy some Aereo assets
Bankruptcy Law
TiVo said Friday that it has received bankruptcy court approval to buy some assets of Aereo, an online startup that offered a cheaper alternative to cable TV. Financial terms were not disclosed.
Aereo filed for Chapter 11 bankruptcy protection in November, less than five months after an unfavorable ruling by the U.S. Supreme Court. The company backed by media mogul Barry Diller allowed people to watch and record broadcast TV online for $8 a month on tablets, phones and other gadgets. Unlike Hulu and other online video services, Aereo offered live streaming of broadcast channels.
The Supreme Court ruled in the summer of 2014 that Aereo had been operating like a cable TV company, meaning that unless it paid broadcasters licensing fees, it was in violation of copyright law. Aereo suspended its operations three days later.
TiVo Inc. President and CEO Tom Rogers said in a statement Friday that the San Jose, California-based company will acquire Aereo's trademarks and customer lists. He said that it will help Tivo serve consumers that "want access to both broadcast television and over the top content."
Tivo's products include equipment to record TV shows for later viewing.
TiVo said that the U.S. Bankruptcy Court in Manhattan approved the transaction earlier this week as the last step in the sales process of Aereo's patents, hardware and other assets.
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Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.