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Information Sharing for the Information Age
As 2015 drew to a close, Congress agreed on a federal budget for the fiscal year ending Sept. 30, 2016. That simple act, coming on the heels of a series of contentious continuing resolutions, was big news. But tucked away on page 694 of that 887-page bill was perhaps a more significant achievement. There Congress inserted, passed, and the President signed, the Cybersecurity Act of 2015 (the Act), H.R. 2029.
The Act is the culmination of years of efforts by members of both parties in both houses of Congress to provide a framework for the sharing of cyber threat information between private industry and the government. Industry counsel long pushed Congress for a means to share information without exposing their organizations to legal liability. That effort, however, was not without controversy. Privacy advocates and some in the technology industry viewed the effort as undermining protection of personal information (see, Sam Thielman, “Apple, Google and Twitter Among 22 Tech Companies Opposing CISA Bill,” The Guardian, Oct. 21, 2015) and, as one opponent said, “a disingenuous attempt to quietly expand the U.S. government's surveillance programs.” Statement of Fight for the Future campaign director Evan Greer.
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.