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Highlights of the latest equipment leasing news from around the country.
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As it stands right now, under Delaware law, present creditors of insolvent LLCs have one less avenue to be made whole.
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A study done at MIT found that 87% of the population in the U.S. could be uniquely identified by just three pieces of Personally identifiable information (PII): their five-digit zip code, gender and date of birth. This demonstrates that SSNs, while valuable, is not necessary to identify unique individuals.
Every workout should be structured to anticipate a future default and enhance procedural, substantive, and collateral positions. This first installment of a two-part article discusses preliminary issues to address in workouts and key provisions to include in the workout agreement.
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A Pennsylvania man who was indicted for making violent threats on Facebook is now challenging the constitutionality of the federal cyberstalking statute, arguing that the law criminalizes "pure speech" and is vague and overbroad.
Blogs are prepared and used for personal, political and economic reasons. And liability issues associated with blogs are the same liability issues that are ' and long have been ' associated with traditional publications that are purposely made available to the public, again, for personal, political and economic reasons.
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Keeping track of and complying with copyright laws can be difficult, especially for ISPs and social-media companies that provide services to a global market. Many countries have developed specific legislation to help protect such entities from liability relating to the activities of their users. Unfortunately, the laws are not uniform ' or are not interpreted consistently ' and therefore compliance requires knowledge of the nuances among them.
Appellate challenges to the Federal Communications Commission's open Internet regulations are piling up days after the agency's release of its final rule on the matter.
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While the "bad boy" guaranty has the practical effect of reducing the number of bankruptcy filings, this inability to file troubled companies for bankruptcy may prevent the efficient restructuring of distressed debt. Whether this is a positive development for either lenders or debtors remains to be seen.