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Commercial Law

  • The New York State Department of Financial Services (DFS) made headlines on by announcing a 'first-in-the-nation,' comprehensive cybersecurity regulation, which will mandate 16 'minimum standards' for the 4,000+ institutions operating under DFS jurisdiction. The regulation was released on Sept. 28.

    September 30, 2016Chris Stecher and Justin Hectus
  • The New York State Department of Financial Services (DFS) made headlines on by announcing a 'first-in-the-nation,' comprehensive cybersecurity regulation, which will mandate 16 'minimum standards' for the 4,000+ institutions operating under DFS jurisdiction. The regulation was released on Sept. 28.

    September 26, 2016Chris Stecher and Justin Hectus
  • Your favorite internal client has just messaged you about a new contract that needs a rush review. The counterparty is reportedly one of the hottest new "FinTech" companies in Silicon Valley. You are the master of all things vendor contract-related in your shop, but perhaps this is the first FinTech contract to cross your desk. What to do?

    September 01, 2016Bryan G. Handlos and Kevin F. Griffith
  • After arguing that New Jersey was an improper venue for former Fox News anchor Gretchen Carlson's suit accusing him of sexual harassment, former Fox News CEO Roger Ailes agreed to drop his effort to transfer the suit's venue to the U.S. District Court for the Southern District of New York.

    September 01, 2016Charles Toutant
  • In its first ruling on the issue, the Court of Appeal of Florida decided that film distribution payments didn't fall under the state's "continuing tort" doctrine for purposes of extending the statute of limitations in a lawsuit alleging tortious interference with business relationship.

    September 01, 2016Stan Soocher
  • Within the first week of its release, the enhanced-reality game Pok'mon Go garnered 21 million users in the United States alone. The location-based game received praise for getting people out of the house and harsh criticism as a nuisance and for its role in accidents. Among the litany of legal issues the game raises is whether players can hold the game developers at Niantic liable if they walk off cliffs, crash their cars, illegally cross the border or happen upon a land mine.

    September 01, 2016Brian S. Kabateck and Natalie S. Pang
  • In preparation for the effectiveness of the crowdfunding rules, the SEC has issued a bulletin that serves as a guide for companies and investors, whose activities will be covered by Regulation Crowdfunding (the bulletin). This article summarizes the practical terms of the crowdfunding rules and the bulletin.

    September 01, 2016Katayun I. Jaffari and Kimberly W. Klayman
  • A roundup of the latest legislation that affects equipment leasing.

    September 01, 2016Robert W. Ihne