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When a company reports two data breaches in one month, another company reportedly is paying fines for past data breaches, and “the demand for cyber security professional[s] is high and growing” because, “[o]ver the past year cyber exploitation activity has grown more sophisticated, more targeted, and more serious,” it is clear that data breaches are problems that are not going away (see, http://searchsecurity.techtarget.com/news/article/0,289142,sid14_gci1371544,00.html; www.pcworld.com/printable/article/id,173902/printable.html; and www.defensetech.org/archives/005068.html).
In fact, “between 75[%] and 85[%] of Fortune 2000 companies have suffered a 'material data breach.'” Worse still, just three alleged hackers allegedly stole more than 175 million data records; at an estimated cost of $202 per lost record, and that adds up to more than $35 billion in loss.
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.