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Are You Holding What I Think You Are Holding?
It is the big day. The IT manager is due in court to support his company's case and to demonstrate that the company has established and followed proper procedures to search, process, secure and produce evidential IT records pertaining to the case. He has been prepared and coached on what to say and when and how to say it. This particular case is critical to the organization and any missteps could potentially result in adverse inference, substantial fines and even loss of reputation. The company really does not want be on the losing side.
The IT manager takes the stand. Opposing counsel begins to question the IT manager and the first 10 minutes of the ensuing discussion go fairly well. The IT manager describes the organizational processes to: search and gather relevant IT information relevant to a case; inform appropriate concerned parties; apply holds to documents; secure e-mails; and how applications/systems back-ups are performed and retained.
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.
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?
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.