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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.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
One Overlooked Element of Executive Safety: Data Privacy
Executives have access to some of the company's most sensitive information, and they're increasingly being targeted by hackers looking to steal company secrets or to perpetrate cybercrimes.