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OVERRULED
New Orleans Covington Injury & Estate Lawyers
October 2024
(504) 384-7978
www.ScottVicknair.com
Inherited Passions HOW PARENTING HELPS SHAPE INTERESTS
When most people talk about following in their father’s footsteps, they usually mean they chose to pursue the same career path. Growing up, following in my father’s footsteps meant trips to the river for freshwater fishing and golf course excursions to work on my swing. While what you do for a living is obviously important, how you spend your time away from the office also has a great impact on your life. The adventures we embark on as children are often ones we seek, either out of nostalgia or genuine interest, for the rest of our lives. I suppose the exception would be the chores I had to do, like mowing lawns and taking care of flower beds, which I never much enjoyed doing but were important in building the work ethic that has served me well ever since. The following are hobbies I fostered a love for as a child and how I interact with them now. Teach a Man to Fish My dad was always a big fisherman, and he passed his love of fishing to the rest of us. When we were young, we often went fishing at the river for freshwater fish as a family, along with my mother and brother. We would catch bass, perch, and sac-à-lait, all delicious to eat. For us, the seafood we reeled in was all the trophy we needed from our time fishing. When I got older — especially in my late teens and early 20s — I traded out that time by the river for the allure of saltwater fishing. It involved a bigger
boat and a wider array of fish. Off the coast of Louisiana, I caught a Greater Amberjack, a behemoth of a fish that can get up to 150 pounds, still the biggest fish I have ever reeled in. Everyone knows the saying, “Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.” While we clean, cook, and eat the fish I catch, I would say it’s more a guarantee of a tasty lunch from time to time rather than a source of food for life . For one thing, I don’t fish nearly as much as I used to, though it is still a hobby I return to now and again when I get the time. It also takes a lot of fish to keep me full for long. Competition at the Golf Course While my dad loved to fish, he was also an avid golfer. He often took me to the golf course, and I learned to play through practice. I began participating in golf competitions when I was around 10 when my father entered me into several golf tours in the area. I went on to play football in high school, but golf was my sport of choice before then. Golf was more than just a hobby; it helped build my work ethic, and I’m trying to build up my golfing skills again as an adult.
–David Vicknair
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Gas prices are often a topic of conversation, but usually for less-than-pleasant reasons. Whenever the subject appears in the news, it is most often because prices have become outrageously high. However, this article will take a different approach. Have you ever wondered why gas price tickers include a 9/10 of a cent at the end? It started nearly a century ago but remains to this day for surprising reasons. Great Depression Decisions The 1930s were a time of great economic uncertainty. The stock market crashed in 1929, and the federal government took extensive measures to balance the budget. Among these was the Revenue Act of 1932. This law introduced several tax hikes, including a more than 20% increase in estate and personal income taxes. However, it also introduced a one-cent tariff on gasoline and fuel oil. While this may not seem like a lot in today’s currency — the average cost of a gallon of gas now is around $3.53 — back then, it was a significant burden on motorists. After all, the average price of a gallon of gas in 1932 was just $0.18, so a one-cent tariff represented a more than 5% increase in price. In today’s money, it would be equivalent to a $0.22 tax per gallon of gas. In 1933, the gas tariff accounted for 8% of the federal government’s tax revenue. Fractional Prices Gas station owners paid the new tariff when purchasing their fuel from suppliers, but they had the option of paying the tax themselves, in full or in part, to take the hit in place of their customers. This is where fractional prices first came into play: Gas station owners would advertise that they were paying, say, half of the one-cent tariff on gasoline, which means their prices would only increase by 5/10 of a cent. Over time, the tariff became less relevant, but fractional prices remained. This has largely contributed to the psychological aspect of paying 9/10 of a cent rather than a full cent — the same thinking behind charging $1.99 rather than $2 for a product. The Strange Gas Law Why the 9/10 of a Cent?
‘OVERRULED’ TURNS INWARD Meet the Partners
“OVERRULED” recently turned its microphones inward, giving our listeners insight into who we are at Scott Vicknair, how we got here, and plans for the future. Meet our partners Brad Scott and David Vicknair. From humble roots in Houma and Thibodaux, respectively, they discuss their journeys from childhood dreams to building their current law practice and the “maybes,” “what-ifs,” and “who knows?” their paths might have taken. From Brad’s first career as a day trader to David’s original intent of coaching football, follow their journeys into the legal worlds of estate/probate and personal injury, with all the challenges, stories, triumphs, and trials they have experienced and learned from. These experiences have shaped their future goals, which they share, along with some of their favorite resources for both business and life, including
recommended reading and hobbies. Join us and learn about the driving forces behind Scott Vicknair and why Brad and David always #FIGHTFORTHEWIN!
Scan the QR code to learn how you can download our Ebook!
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SUPERCHARGE YOUR MEMORY Neuroscience-Backed Tips for a Sharper Mind
SCOTT VICKNAIR’S PROJECT BACKPACK IS A WINNER!
We’re incredibly grateful to everyone who registered, volunteered, and helped make our Project Backpack event a huge success! Over 800 students across Southeast Louisiana received new backpacks, each one filled with
In today’s fast-paced world, having a sharp and reliable memory has become more critical than ever. Fortunately, recent advancements in neuroscience have revealed new techniques to help us improve our cognitive abilities and retain information more effectively. Here are four scientifically backed tips to transform your memory and unlock your full potential. Exercise your brain and body.
tools necessary for learning! From Project Backpack to our High Seas and ABCs teacher recognition to our Fight for the Win Scholarship opportunities, we believe in the value of education and are proud to support educators and students!
Numerous studies have shown that regular physical exercise can profoundly impact
cognitive function. When you engage in aerobic activities such as running, cycling, or swimming, you improve your cardiovascular health and stimulate the growth of the hippocampus — the area of the brain
What Our Clients Are Saying “Brad Scott was so very helpful. Dealing with loss is hard enough; dealing with the legal aspects of loss is cruel. Brad made that process a lot less painful, and I am grateful for his knowledge and compassion.” – Virginia D.
responsible for learning and memory formation. Meditate for a sharper mind.
Did you know mindfulness and meditation can improve your memory? Researchers have discovered that individuals who practice meditation regularly, even just a few minutes a day, exhibit increased brain volume in the hippocampus, resulting in enhanced memory performance. Nourish your brain with the right fuel. The saying “you are what you eat” is true for brain health. A diet rich in low-sugar, low-refined carbs and healthy protein and fat sources can support optimal cognitive function. These foods provide the building blocks your brain needs to keep your memory sharp and thinking clear. Practice improves memory. Practicing regularly is one of the most effective ways to improve your memory. Whether memorizing song lyrics, reciting poetry, or even just trying to recall your daily tasks, the more you challenge your brain to store and retrieve information, the better it will become. So, what are you waiting for? Start exercising, meditating, fueling your brain, and practicing today — your future self will thank you.
Thank You for Your Referrals!
This month, we’d like to thank Virginia D., Richard B., Grant K., Hassel Wealth, Adrianna, Paige J., Morgan & Morgan Injury Lawyers, Daniel K., Hope H., Miley Law Firm, Doris S., Debbie A., Sherry F., and Blanche B. for believing we are the right firm to help their friends and family. Your continued support gives us the ability to reach more individuals and make a positive difference in their lives.
Call us. If we cannot handle your case, we will work on finding someone who can assist you. CALL NOW – OPEN 24/7 (504) 384-7978
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Injury & Estate Lawyers
(504) 384-7978 www.ScottVicknair.com 909 Poydras St., Suite 1225 New Orleans, LA 70112
Inside This Issue
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Hobbies I Inherited From My Father
The Law About Gas Pricing ‘Overruled’ Turns Inward
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Scott Vicknair’s Project Backpack Is a Winner! Neuroscience-Inspired Strategies for a Sharper Mind!
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The NFL’s Massive Antitrust Fine
NFL’S RECENT ANTITRUST RULING
What Led to the Historic Fine Over Sunday Ticket
The Trial The Mucky Duck sports bar in San Francisco initially filed the suit in 2015; an appeals court dismissed then reinstated the case in 2017 before it became a class-action lawsuit. The lawsuit now covers about 2.4 million residential subscribers and 48,000 business subscribers. The plaintiffs alleged that the NFL’s agreement with DirecTV, and now YouTube TV, violated antitrust laws. Not only did the NFL allegedly overcharge both residential and commercial subscribers, but it also removed competition. It forced fans to purchase access to all games rather than offering the ability to purchase only the games they were interested in. For instance, if you are a Philadelphia Eagles fan but live in Florida, your local on-air broadcasts are unlikely to show Eagles games. In that case, if you wanted to watch all the Eagles’ games, you’d have to shell out a good chunk of change to access those games. As of 2024, a subscription to NFL Sunday Ticket costs $449 per year. After five hours of deliberation, the jury agreed with the plaintiffs and awarded $4.7 billion in damages to the residential subscribers and $96 million to the business subscribers. Due to federal antitrust laws, those damages can be tripled. That means the NFL may be liable for up to $14.39 billion in damages. The NFL has appealed the decision, but if upheld, each NFL team could be forced to pay nearly $450 million in damages.
NFL Sunday Ticket, also known as Sunday Ticket, is a sports package allowing purchasers to view regular season NFL games not carried by local broadcasts in their area. Sunday Ticket has been around since 1994, with DirecTV offering it exclusively until 2022 when the NFL signed a seven-year, $14 billion deal with Google’s YouTube TV. However, the NFL’s exclusive deals for Sunday Ticket have come at a cost. After a trial in June that lasted just three weeks, a jury in Los Angeles awarded over $4.7 billion in damages to the plaintiffs in an antitrust class-action lawsuit against the NFL.
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