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Fast forward to 2007, where e-discovery and its concomitant analysis has become a major component of any discovery request. According to an online article from Law.com, more than 90% of new business records are created electronically, and 40% of them are never converted to paper. In fact, in its End-User Survey & Market Forecast 2006-2010, research firm Enterprise Strategy Group (ESG) found that 42% of respondents state that their organization has been involved in a legal proceeding or regulatory inquiry that necessitated the search for and retrieval of electronic records. e-Mail, in particular, has become a key issue as it's used in nearly every business transaction: negotiating contract terms, settling disputes, acknowledging agreements and finalizing documents.
Further, the problem is only getting worse. Consider the newly amended Federal Rules of Civil Procedure (FRCP), which went into effect last December. Rules 16 and 26 were amended to provide the court with early notice of e-discovery issues. A clear implication of this rule change is that the number of cases and the amount of data subject to analysis and review has increased significantly. According to a 2006 survey by international law firm Fullbright and Jaworski, large U.S. companies are already concurrently managing 556 cases on average, with an average of 50 new disputes emerging each year.
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.
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 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.
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.