Features
<b><i>In the Spotlight:</i></b> Nuisance Liability in the Mixed-Use Context
The recent trend toward denser, more sustainable, and transit-oriented "mixed-use development" ' in which residential space is situated alongside and/or on top of retail, office and commercial space ' has the potential to improve urban quality of life greatly, but it also renews the potential for "nuisances," and consequently, for disputes over liability, compensation, and mitigation of the offending operations.
Columns & Departments
Business Crimes Hotline
Following a decade-long, multi-million dollar bribery scheme, and four years after he was first indicted, former chief financial officer of Siemens S.A. ' Argentina, Andres Truppel, pleaded guilty in a New York federal courtroom to one count of conspiracy to commit bribery, falsify corporate books and records, circumvent internal controls, and commit fraud.
Features
Dispositive Questions Every Law Firm Should Ask of the Cloud
Cloud service providers (CSPs) offer myriad choices to law firms of all sizes who, in return, have become one of the fastest adopters of hosted cloud infrastructure worldwide. Nonetheless, asking the right questions is essential to learning cloud limitations, similarities, differentiators, caveats and benefits. From niche providers to the top five, not everything is as it seems when it comes to what is offered, how it's offered, and the up-front and hidden costs of each.
Features
Four Keys to Litigation Technology Innovation in the Next Five Years
Electronic discovery is a complex business that requires continuous professional learning from litigation team members and ongoing innovation from technology solution providers. To help stimulate discussion and drive innovation, The Legal Innovation 2020 Working Group was formed at the beginning of 2015 in order to help legal-industry leaders identify the keys to success over the next five years.
Features
The Uniform Premarital and Marital Agreements Act
Last month, in Part One of this article, the author described the genesis of the uniform acts ' UPMAA and UPAA ' and compared them with New York law. Part Two herein discusses other differences among the three statutes.
Features
Second Circuit 'Affirms Fair Use
On Oct. 16, in <i>Authors Guild v. Google,</i> the Second Circuit affirmed a U.S. District judge's holding that Google's mass digitization of more than 20 million books from major university libraries in order to enable users of the Google Books website constitutes fair use.
Safe Harbor European Court Data Protection Ruling
On Oct. 6, the 'European Court of Justice gave a very important judgment about EU data protection law, where it ruled that the EU Safe Harbor regime is invalid, and National EU Member State data protection regulators have the power to investigate complaints about the adequacy of the level of protection of data transfers to the U.S. All U.S. business transferring personal data from the EU need to take note of this judgment.
Features
Practice Tip: Identity Theft
Divorce is almost always a painful process for all involved. While your clients do their best to deal with emotional anguish, custody battles and legal complexities, they may also be leaving themselves particularly vulnerable to an unseen danger: Identity theft.
Features
Reverse Break-up Fees in Strategic M&A Transactions
This article analyzes: 1) the pros and cons of an RTF tied to a breach by a buyer or the inability of a buyer to secure financing; 2) whether RTFs are truly enforceable by a target seller; and 3) what all this means in terms of target and buyer board members' fiduciary obligations.
Features
Safe Harbor for Service Providers under the Anticybersquatting Act
GoDaddy.com has been the prevailing defendant in two major lawsuits under the Anticybersquatting Consumer Protection Act (ACPA). In both cases, plaintiffs sought to hold a defendant liable for contributory or secondary infringement rather than "direct" cybersquatting under the ACPA. The principal reason for plaintiffs' lack of success lies in a fundamental misunderstanding of the ACPA.
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- Protecting Innovation in the Cyber World from Patent TrollsWith trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.Read More ›
- Private Equity Valuation: A Significant DecisionInsiders (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.Read More ›
- Meet the Lawyer Working on Inclusion Rider LanguageAt the Oscars in March, Best Actress winner Frances McDormand made “inclusion rider” go viral. But Kalpana Kotagal, a partner at Cohen Milstein Sellers & 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.Read More ›
- Use of Deferred Prosecution Agreements In White Collar InvestigationsThis article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.Read More ›
- The DOJ Goes Phishing: The Rise of False Claims Act Cybersecurity LitigationWhile the DOJ Civil Cyber-Fraud Initiative is still in its early stages and cybersecurity regulations are evolving, whistleblower plaintiffs have already begun leveraging the FCA to pursue alleged noncompliance with government cybersecurity requirements.Read More ›