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Features

States Take the Lead on Securing IoT Image

States Take the Lead on Securing IoT

Ashley Thomas

The California IoT Security Law is the first of its kind in the nation and pushes device manufacturers to adopt cybersecurity standards during the product development and design stages where none have existed before.

Features

Conducting Internal Investigations During the COVID-19 Pandemic Image

Conducting Internal Investigations During the COVID-19 Pandemic

Jacqueline C. Wolff, Scott T. Lashway, & Matthew M.K. Stein

In times of crisis, criminal activity — particularly crimes involving theft and fraud — tend to spike. There is no reason to believe that the Covid-19 pandemic and the unrest in the financial markets will be any different. An important difference for company counsel, however, will be in how the malfeasance, negligence or wrongdoing can be investigated.

Features

The State of Legal Finance in 2020 Image

The State of Legal Finance in 2020

Ari Kaplan

Legal industry analyst Ari Kaplan interviewed 32 lawyers from Finland, France, Hong Kong, Norway, Singapore, the UK and the U.S. about the evolution of legal finance. He also surveyed 20 in-house lawyers at Fortune 500 companies and 18 law firm lawyers from Australia, the Cayman Islands, France, Germany, Hong Kong, Italy, Singapore, Sweden, the UK, and the U.S. about emerging trends in legal finance. Below are some of his findings and what they indicate about the current state of the sector.

Features

Expect Flurry of Bankruptcy Filings With Coronavirus Slowdown Image

Expect Flurry of Bankruptcy Filings With Coronavirus Slowdown

Lidia Dinkova

Potential Clients Are Reaching Out to Bankruptcy Attorneys to Assess the Need for Business Filings Bankruptcy attorneys expected to get calls as the coronavirus pandemic swiftly slowed the economy — and they were right.

Features

What a Difference 3 Months Can Make Image

What a Difference 3 Months Can Make

Lisa Brown

The coronavirus has brokers guessing as to how this will affect leasing in the short term, and a report says leasing activity is likely to have a degree of decline in transaction volumes compared to pre-crisis expectations

Features

Force Majeure and the Doctrine of Impossibility Image

Force Majeure and the Doctrine of Impossibility

John Kelly

The COVID-19 pandemic is resulting in landlords and tenants closely reviewing a clause in their lease that was long considered unimportant boilerplate. Yes, we are referring to the "force majeure" provision.

Features

Recovery Models for e-Discovery and Litigation Support Services that Make an Impact Image

Recovery Models for e-Discovery and Litigation Support Services that Make an Impact

Nathan Curtis

In 2019, Mattern went to the market to conduct its first deep dive into e-discovery and litigation support cost recovery in the 2020 e-Discovery and Litigation Support Cost Recovery Survey. Some of the results surprised us.

Features

Venue Reform in Corporate Bankruptcies Image

Venue Reform in Corporate Bankruptcies

ssalkin

A bipartisan group of House lawmakers has introduced a bill that aims to limit where distressed companies can file bankruptcy, making it harder for companies to file outside of the jurisdiction where they are headquartered or have most of their assets. The Bankruptcy Strategist asked Robert J. Gayda, a partner in Seward & Kissel's Bankruptcy and Corporate Reorganization Group who represents a clients in all aspects of restructuring, about his thoughts on proposed venue reform in corporate bankruptcies.

Features

Coronavirus 'Brutal' for Real Estate Transactions as Lenders Hit Brakes on Financing Image

Coronavirus 'Brutal' for Real Estate Transactions as Lenders Hit Brakes on Financing

Lidia Dinkova

Much like other everyday activities, real estate transactions are coming to a halt because lenders are holding back over the coronavirus pandemic.

Features

Why the Cannabis Industry Must Address the Unique Challenges of Mandated Data Retention Image

Why the Cannabis Industry Must Address the Unique Challenges of Mandated Data Retention

Anita Sabine & Brandon Reilly

Two overarching factors increase the cannabis industry's data security risks: data sensitivity brought on by federal illegality and lingering cultural divisiveness; and massive, mandated data footprints brought on by intense state and local regulatory scrutiny.

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    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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    At the Oscars in March, Best Actress winner Frances McDormand made “inclusion rider” go viral. But Kalpana Kotagal, a partner at Cohen Milstein Sellers &amp; Toll had already worked for months to write the language for such provisions. Kotagal was developing legal language for contract provisions that Hollywood's elite could use to require studios and other partners to employ diverse workers on set.
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