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If you have registered a few dozen Uniform Franchise Offering Circulars (“UFOCs”) and spent the better part of 2008 converting your current stable to the Amended Rule's disclosure format, you can probably relate to the throbbing headache we experienced during this spring's annual filing season when we registered our clients' freshly converted franchise disclosure documents (“FDDs”) with state franchise agencies. Before the annual spring filing crunch, we had found clear sailing in registering FDDs early.
As it turns out, we were not smarter earlier in the process; state examiners had not received training in the details of the Amended Rule until March, after which they turned up the heat. Part of the challenge this spring was in finding state examiners preoccupied with their own learning curve, mastering the FDDs' subtleties and devising state registration policies along the way. We would like to share the top six lessons we learned from this spring's inaugural filing season under the Amended Rule.
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.