Commercial Law

In ClearCorrect Operating, LLC v. ITC, the Federal Circuit limited the ITC's jurisdiction over digital commerce. In a 2-1 decision, the panel held that the ITC lacks authority to regulate digital imports.

The IASB and the FASB have completed decision-making meetings and the respective staffs are drafting the final rules, which will be signed and issued this month. The IASB and FASB will issue separate rules as they have chosen two different models for lessee accounting. They both have adopted the same lessor model with a few minor differences.

Detection and deflection: It may seem like an old boxing adage, but what it really stands for, as our ALM sibling The American Lawyer's 20th annual technology survey finds, is law firms' re-engineered approach to security.

Social media has become the dominant channel of communication for a spectrum of users ranging from individual bloggers to billion-dollar corporate conglomerates. However, a recent survey indicated that the use of data analytics on social media is lacking in corporate legal investigations, despite its potential.

An apparent settlement between Home Depot and MasterCard International Inc. over a massive customer data breach last year has prompted lawyers for financial institutions that are suing the Atlanta-based home improvement chain for damages caused by hackers to cry foul.

In mid-December, Manhattan Supreme Court Justice Manuel Mendez granted N.Y. Attorney General Eric Schneiderman's motion to halt daily fantasy sports (DFS) sites DraftKings and FanDuel from doing business in the state.

The U.S. Court of Appeals for the Fifth Circuit declined to adopt a 'sliding scale' test for determining whether one song was strikingly similar to the other in a copyright infringement suit.

Detection and deflection: It may seem like an old boxing adage, but what it really stands for, as our ALM sibling The American Lawyer's 20th annual technology survey finds, is law firms' re-engineered approach to security.