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Developments of Note
ICANN Advances Proposals For .Post
And .Travel Domains
The Internet Corporation For Assigned Names and Numbers (ICANN) announced that it has begun commercial and technical negotiations with “.post” and “.travel,” two of the 10 candidate registries, as the selection process for the new sponsored top-level domain names (STLDs) moves forward. According to ICANN, no limit on the new number of STLDs has been established and the status of the remaining eight applicants is pending. The announcement is available at www.icann.org/announcements/announcement-27oct04.htm.
FDIC Releases Guidance On Managing Free,
And Open Source Software
To raise awareness about risks and risk-management practices applicable to using free and open source software (FOSS) in the financial-services industry, the Federal Deposit Insurance Corp. (FDIC) issued guidance, stating that the institution's strategic business objectives should drive software requirements. The FDIC also stated that institutions should evaluate the benefits of implementing software in terms of a number of areas, such as effectiveness, efficiency and ability to support future growth. Key risk-management considerations include code customization, IT architecture, product maturity, forking, systems integration and support, and total cost of ownership. The guidance is available at: www.fdic.gov/news/news/financial/2004/fil11404a.html.
EU Releases Working Document On Privacy
Directive Safe Harbor Agreement
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.
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.
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?