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For online dating site Plenty of Fish, there was only one fish in the sea: True Beginnings, a company in Plano, TX, that Plenty hoped to acquire out of bankruptcy.
There was just one problem. The attorney general of Texas said True's membership data shouldn't change hands, on the grounds that it would violate the original privacy policy and create other risks for consumers.
For Plenty of Fish, that data was the target's most attractive asset. “Who in their right mind is going to buy a dating site with 43 million members if you are not allowed access to those members?” Plenty of Fish's CEO blogged in the wake of the intervention.
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.
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.
As consumers continue to shift purchasing and consumption habits in the aftermath of the pandemic, manufacturers are increasingly reliant on third-party logistics and warehousing to ensure their products timely reach the market.
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.