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An Analysis of Proposed Federal Cybersecurity Legislation
Michael Chertoff, the former head of the U.S. Department of Homeland Security (DHS), recently remarked that “cyber threats represent one of the most seriously disruptive challenges to national security since the onset of the nuclear age 60 years ago.” Mr. Chertoff may be on to something. In its April 2012 monthly monitoring report, DHS announced that various companies in the national gas pipeline industry were apparently being targeted by cyberattacks. Between October 2011 and February 2012, DHS claimed that there were 86 reported attacks on U.S. computer systems controlling U.S. critical infrastructure.
U.S. Secretary of Defense Leon Panetta recently referred to the “so-called Distributed Denial of Service attacks” that targeted large U.S. financial institutions recently. “These attacks delayed or disrupted services on customers websites,” Panetta said. “While this kind of tactic isn't new, the scale and speed with which it happened was unprecedented.” Those attacks against the private sector represent a “significant escalation of the cyber threat.”
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.