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Unraveling The American Data Privacy Patchwork: Will the American Privacy Rights Act Succeed?
There are currently 16 states that have enacted individual comprehensive data privacy laws to protect their residents. With approximately 40% of the U.S. population residing in those states, the patchwork of data privacy laws in the U.S. has created significant legal challenges for companies doing business nationwide. However, with Congress taking up the new American Privacy Rights Act (APRA), those challenges may soon abate.
Introduced by Rep. Cathy McMorris Rodgers (R-WA), who chairs the House Energy and Commerce Committee, and Sen. Maria Cantwell (D-WA), who chairs the Senate Commerce, Science and Transportation Committee, the APRA is unique in the current legislative environment in that it is both bi-partisan and bi-cameral. The two sponsors of the APRA hail from Washington State, which is one of the states that have been laboring for years to pass a comprehensive data privacy law in the absence of a federal regulation. With almost one-third of US states slated to have individual comprehensive data privacy laws in effect by 2026, states and federal regulators are continuously adding to the tapestry.
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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.