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BITS & BYTES
Resultor LLC has announced the release of Resultor Direct & Confidential, which is designed to help publicly traded companies comply with the Sarbanes-Oxley Act's requirement to provide an anonymous and confidential procedure for employees to surface accounting issues for the audit committee. It is the only Sarbanes-Oxley disclosure product that also promotes a corporate culture encouraging legal and ethical practices and better business results. Resultor Direct & Confidential is a simple, Internet-based feedback system that can be used directly from a desktop or a home computer. It allows employees to actively contribute sensitive information, while helping companies evaluate the information and act on it as necessary. Employees can offer their feedback anonymously. The audit committee and the submitter can communicate anonymously and confidentially, and submitters can follow the progress of their feedback anonymously, from start to resolution. The product not only meets the new legal requirements under the Sarbanes-Oxley Act, but it ensures problems are corrected quickly and business is conducted in accordance with the highest standards. For more information please visit www.resultor.com.
Fios, Inc., a provider of electronic discovery services, and Engenium, Corp., a concept-based search technology company, have announced a licensing partnership. The agreement will bring Engenium's advanced search technology, Semetric, to Fios' Web-based electronic discovery tool, Prevail. The combined solution will make Fios the first and only full-service electronic discovery provider to offer advanced, concept-based searching capabilities. The concept-based search technology being added to Prevail will enable users to organize unstructured information by mapping relationships between each word and every other word in large sets of documents. This association of words based on the context in which they are used creates a form of numeric 'meaning' and 'understanding,' enabling legal teams to quickly identify relevant documents and related concepts within vast amounts of data even when those documents do not share any words with a query. For more information please visit www.fiosinc.com or www.engenium.com.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.