Features

SEC Proposes Changes to Accredited Investor Definition
The definition of "accredited investor" uses income and net worth thresholds to identify natural persons as accredited investors.
Features

Legal Tech: E-Discovery and Seizure Orders Under the Defend Trade Secrets Act
Congress passed the Defend Trade Secrets with much fanfare, touting its potential to curtail both domestic and cross-border theft of American ingenuity and technology. The DTSA offers a unique and powerful remedy to aggrieved parties in their efforts to curb trade secret misappropriation: ex parte seizure of property containing trade secrets. This article provides a brief overview of DTSA seizure orders and discusses e-discovery considerations in connection with those orders.
Features

'Vanicorn' Lawsuit Filed over Pixar, Disney Film
A unicorn-loving tattoo artist alleges that Pixar and Disney have tricked her into letting them use her "Vanicorn" in the upcoming film Onward. Her suit accuses the companies of copyright infringement, and violations of state and federal laws protecting artwork.
Columns & Departments
Case Notes
Exculpatory Clause Bars Tenant's Claim for Lost Profits Resulting from Landlord's Negligence
Columns & Departments
Co-ops and Condominiums
Technical Defects Do Not Invalidate Amendments to Condominium Declaration
Features

Lateral Hiring: 7 Reasons Why Law Firms Fail
Firms routinely report that hiring lateral partners is a difficult process with a low success rate. Why do they struggle with lateral hiring? More importantly, what can they do to improve their results?
Features

Recent Developments in Third Circuit Bankruptcy Law
Bankruptcy and corporate restructurings continue to be active despite generally strong U.S. financial markets and broader macroeconomic conditions. Here is a brief overview of three recent and noteworthy bankruptcy decisions within the Third Circuit.
Features

Hybrid Legal Document Review: Where Human and Artificial Intelligence Meet
AI is in many ways still in its infancy, and it's important to realize that platforms utilizing this technology are heavily dependent on constant human interaction and training.
Features

Reset Clauses In Ground Leases
The purpose behind rent reset clauses is simple — to capture any change in the fair market value (and fair market rental value) of the leased property. However, the application of rent reset clauses in practice is anything but simple, and the consequences of such clauses can be significant.
Features

A Look Behind, A Look Ahead: Part Two - E-Discovery
Part Two of a Two-Part Article Cybersecurity Law & Strategy partnered with our ALM sibling Legaltech News to ask cybersecurity and e-discovery experts what they thought the key trends of 2019 and what they expect to see in 2020. Part Two looks at e-discovery.
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- Bankruptcy Sales: Finding a Diamond In the RoughThere is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.Read More ›
- Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTsA federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.Read More ›
- Compliance Officers and Law Enforcement: Friends or Foes?<b><i>Part Two of a Two-Part Article</b></i><p>As we saw in Part One, regulators have recently shown a tendency to focus on compliance officers who they deem to have failed to ensure that the compliance and anti-money laundering (AML) programs that they oversee adequately prevented corporate wrongdoing, and there are several indications that regulators will continue to target compliance officers in 2018 in actions focused on Bank Secrecy Act/AML compliance.Read More ›
- Structuring Strategies for Off-Balance-Sheet Treatment of Real Property LeasesThe Financial Accounting Standards Board released a new set of lease accounting standards, ASC 842, which went into effect earlier this year. Most significantly, publicly traded companies are now obligated to list all leases of 12 months or longer on their balance sheets as both assets and liabilities. Large private companies will follow suit in 2020.Read More ›
- Artist Challenges Copyright Office Refusal to Register Award-Winning AI-Assisted WorkCopyright law has long struggled to keep pace with advances in technology, and the debate around the copyrightability of AI-assisted works is no exception. At issue is the human authorship requirement: the principle that a work must have a human author to be eligible for copyright protection. While the Copyright Office has previously cited this "bedrock requirement of copyright" to reject registrations, recent decisions have focused on the role of human authorship in the context of AI.Read More ›