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An employer does not violate the Electronic Communications Privacy Act by digging through an employee's e-mails in computer storage, since the law bans an “interception” only if it occurs at the time of transmission, the Third U.S. Circuit Court of Appeals ruled.
The judges held, in Fraser v. Nationwide Mutual Insurance Co., 2003 U.S. App. LEXIS 24856 (No. 01-2921), that since Richard Fraser's e-mails were stored on Nationwide's system, any search by the company was authorized by a provision in the ECPA that expressly exempts owners of e-mail systems from claims alleging illegal “seizure” of stored e-mails.
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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.
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.
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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.