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Democratizing the Social Networks Image

Democratizing the Social Networks

Harry A. Valetk

Social networking Web sites are hubs of information. Information about our daily activities, the people we know and the people they know. But as these hubs become more than just a virtual place for the global community to link to friends and post "what you are doing right now," we are confronted with fascinating new questions about how we define personal space, disclosures, and express preferences about our own content.

Features

Parent Alienation Image

Parent Alienation

ALM Staff & Law Journal Newsletters

This article begins a three-part series that will: 1) identify the problem related to extreme cases of parent alienation; 2) discuss the impact of the problem; and 3) propose solutions.

Features

<b>Counsel Concerns:</b> Experts' Reports Insufficient in Broadcast-Deal Malpractice Suit Image

<b>Counsel Concerns:</b> Experts' Reports Insufficient in Broadcast-Deal Malpractice Suit

Stan Soocher

The U.S. District Court for the Eastern District of Virginia granted summary judgment for a law firm sued for legal malpractice over the handling of a license to provide in-store radio broadcasts at U.S. military commissaries. The district court found fault with the broadcast client's expert witnesses in the malpractice case.

Features

Rules Governing Fax and E-mail Ads Image

Rules Governing Fax and E-mail Ads

James H. Laskey, Fernando M. Pinguelo, & Andrew D. Linden

The importance of having a robust compliance policy to review the content of proposed advertisements is well-known and widely accepted. But what may not be as familiar is the need for a separate policy focused on the means of disseminating such advertising.

Features

Mixing International Arbitration with U.S. Discovery Image

Mixing International Arbitration with U.S. Discovery

Michael G. Biggers

A recent United States court decision highlights the opportunities and pitfalls associated with the potential use of U.S.-style discovery to obtain materials for use in international arbitrations.

Features

Companies Filing for Bankruptcy, and SEC Fraud Enforcement Actions Image

Companies Filing for Bankruptcy, and SEC Fraud Enforcement Actions

Toby Bishop

A recent study found that companies filing for bankruptcy protection were three times more likely than non-bankrupt companies to face enforcement action by the Securities and Exchange Commission (SEC) relating to alleged financial statement fraud.

Features

e-Commerce Docket Sheet Image

e-Commerce Docket Sheet

ALM Staff & Law Journal Newsletters

QVC to Pay $7.5 Million to Settle Charges That It Aired Deceptive Claims <br>Credit Repair Companies Charged with Deceiving Consumers

Features

e-Commerce Companies v. Hackers Image

e-Commerce Companies v. Hackers

Henfree Chan & Bruce S. Schaeffer

The 21st century is clearly the age of cybercrime, and e-commerce companies of all stripes should be especially concerned because there are only two types of computer systems: those that have been hacked, and those that will be hacked.

Features

Defending Against Trade Secret Misappropriation Lawsuits Image

Defending Against Trade Secret Misappropriation Lawsuits

J. T. Westermeier

There are several often-overlooked strategies for defending against trade-misappropriation claims. The first I call the Trade Secret Per Se Doctrine. The second pertains to open-source software. Both of these strategies need to be fully considered in appropriate trade-secret misappropriation cases, to which e-commerce counsel are no strangers.

Features

Lawful Data-Mining of Social Networks Image

Lawful Data-Mining of Social Networks

Jonathan Bick

Blogs simultaneously provide Internet users with social-network prospects and employers with a previously unavailable source of information suitable for employment-assessment decisions. And it's in this intersection on the Information Superhighway where often occurs a collision of worlds, perspectives and direction that frequently cripples or kills prospects, and individuals' aspirations. Employees of e-commerce companies aren't immune to such collisions, nor are agents of the companies who gather data on prospective or current employees, if they go about their work unlawfully, or in other improper ways that could lead to legal or other types of regulatory action.

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  • 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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