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Cybersecurity Comes Together in Legal and Finance Image

Cybersecurity Comes Together in Legal and Finance

Ricci Dipshan

Since the dawn of the new millennium, technology has been expanding the reach and ability of criminals at breakneck speeds. Regulators have constantly found themselves running behind a new era of cyberthreats and dangers, struggling to respond to accidents while fortifying the road ahead.

Features

Four Ways Big Data Can Help Win Your Next Case Image

Four Ways Big Data Can Help Win Your Next Case

Lauren Bakewell

Analyzing data and providing the right kind of data is critically important to every aspect of legal activities. When you're expecting data to act as a secret weapon in the sales process, the courtroom, or to provide a strong foundation for your firm, the quality of your information is priceless. To uphold your firm's integrity and ensure its success, it's time to get your staffers off Google and arm them with data intelligence.

Features

The Internal Audit Function Image

The Internal Audit Function

William L. Floyd

Among the many responsibilities of an audit committee, overseeing the function of internal audit can be among the more challenging and complex. As a result, it is common for an internal audit function to be required and the scope of that function subject to the oversight of the audit committee. From a governance perspective, what is the mission of internal audit?

Features

Social Media Influencers and the FTC Image

Social Media Influencers and the FTC

Thomas Harvey

Brand owners and their attorneys are grappling with an important question: How to disclose their connections to luminaries like PewDiePie.

Features

Intern Lawsuits Move to State Court; Face Class Decertification, Labor Test Uncertainties Image

Intern Lawsuits Move to State Court; Face Class Decertification, Labor Test Uncertainties

Jason Grant

The cases left on the docket feature a glitzy list of Manhattan-based fashion and media defendants ' Dolce & Gabbana, Ralph Lauren, Giorgio Armani, CBS, Simon & Schuster and many others. More than 40 "active" lawsuits in all, claiming that the companies' unpaid internship programs violated employment laws.

Features

Cross-Border Leasing Image

Cross-Border Leasing

Matthew Nied

Court-appointed receivers typically assume control over all of a debtor's property, including the debtor's leased equipment. The receivership order will also typically grant the receiver a priority charge over the debtor's assets in order to secure the receivers' fees and other costs. This is sometimes a point of contention with equipment financiers who would rather have their equipment excluded from the receivership.

Features

<i>Decision of Note:</i> 'Buck Rogers' Dilution Claim Remains in Play Image

<i>Decision of Note:</i> 'Buck Rogers' Dilution Claim Remains in Play

Stan Soocher

The U.S. District Court for the Eastern District of Pennsylvania dismissed a false designation-of-origin claim under the federal Lanham Act in a "Buck Rogers" trademark dispute, but allowed the plaintiff to proceed with a trademark dilution claim under the federal statute.

Features

Challenges in Solar Equipment Finance Image

Challenges in Solar Equipment Finance

Jennifer L. Howard & Kenneth P. Weinberg

This article is the second in a two-part series exploring state law limitations on various methods of financing solar equipment. It explores the laws in various states related to solar leases and the differences between solar leases and PPAs, as well as the implications of such laws on the financing industry and its customers.

Features

Tallying States' Activity on Fantasy Sports Image

Tallying States' Activity on Fantasy Sports

Cheryl Miller

New York Attorney General Eric Schneiderman had declared online fantasy sports a form of illegal gambling, ordering industry giants DraftKings and FanDuel to shut down operations in a state that generated about 10% of the companies' revenues. The companies countered by suing. Then, faced with enormous legal costs, the companies chose a second course of action. They would pursue state legislation to legitimize their operations while offering consumer protection language ' and a cut in revenues ' in return.

Features

Website Arbitration Clauses Image

Website Arbitration Clauses

Bruce A. Langer

In a recent U.S. Eastern District decision, the court compelled arbitration of a dispute based on language contained in the Terms of Use on an Internet access provider's website. The language contained an operative arbitration clause that the court found binding on the plaintiffs. Plaintiffs claimed the clause was not apparent to them and therefore they never provided any consent to arbitrate.

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MOST POPULAR STORIES

  • Private Equity Valuation: A Significant Decision
    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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