Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
How to Recognize and Remedy an Unauthorized Financing Statement
Recently, individuals including prison inmates and members of antigovernment groups ' some considered “domestic terrorists” by the Federal Bureau of Investigation ' have been utilizing the relaxed filing requirements of the Uniform Commercial Code (“UCC”), Article 9, to file and record false UCC-1 financing statements against individuals, companies and law enforcement officials. See www.fbi.gov, “Domestic Terrorism, The Sovereign Citizen Movement,” Apr. 13, 2010; Peter A. Crusco, “Combating Inmates' Use of Bogus UCC-1 Lien Notices,” N.Y. Law Journal, Apr. 26, 2011.
The filing of a bogus UCC-1 financing statement can disrupt an individual's or company's ability to obtain financing and cause the victim of the false lien scam to incur unnecessary expenses in order to clear the false lien. However, there are ways to recognize the false UCC-1 financing statement scheme and minimize the disruption and expense caused by bogus UCC-1 financing statements.
New York's Latest Cybersecurity Commitment
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 Corporate Enforcement Policy: One Year Later
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.
How AI Has Affected PR
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.
Use of Deferred Prosecution Agreements In White Collar Investigations
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.