Features
After Anthem, Diagnosing the Health of Data Security
Companies have begun to experience attempts to breach their databases on a frequent basis, and have had to become hypervigilant about protecting their networks against hackers. But once every couple of months, the bad guys get through the defense systems in a big and highly publicized way, showcasing data disaster for company and customers. This was the case in early February when Anthem Inc., the second-largest health insurance company in the U.S., announced it had been hacked.
Features
Parents May Be Liable for Child's Activity on Facebook
It's 10 p.m. Do you know what your children are posting online?
Features
To Correct or Not Correct Misinformation in Social Media
In June 2014, the FDA issued a draft guidance document on correcting independent third-party misinformation on social media. While the draft guidance is not legally binding, it offers insight on the implications of whether or not to correct misinformation.
Features
Commercial Lease Diligence
This article reviews the recommended due diligence efforts of the purchaser's counsel with respect to leased commercial property, and elaborates on the pre- and post-closing rationales for completing such diligence review. The main focus of this article is the due diligence activities and rationale of counsel to a potential purchaser of all of the stock of a selling entity. Where relevant, it incorporates the alternate considerations that might arise in the context of an asset purchase or merger structure.
Features
Cybersecurity Practices Booming In Era of the Breach
The cybersecurity woes of companies like Target and Sony in 2014 and Anthem last month have meant a busy start to 2015 for law firm data-privacy and security practices.
Features
<b><i>Online Extra</b></i> Suit Over Teacher's Anti-Gay Facebook Comments Can Proceed
A teacher in Union Township in Union County, NJ, who faced tenure charges over her anti-gay postings on Facebook can proceed with her civil rights suit against the school district, a federal judge in Newark has ruled.
Features
<b><i>Online Extra</b></i>FCC Approves Net Neutrality Proposal
By a 3-to-2 vote, the Federal Communications Commission on Feb. 26 approved a significant change in rules to promote 'net neutrality.'
Features
<b><i>Online Extra</b></i>$2.5M Verdict Awarded in First Phila. Risperdal Trial
A Philadelphia jury on Feb. 24 awarded $2.5 million to the plaintiff in the first of roughly 1,250 Risperdal mass-tort cases in the city's courts.
Features
<b><i>Online Extra</b></i> FTC Stakes Claim As Data Security Cop
On the heels of an appellate win, the Federal Trade Commission on Jan. 23 reiterated its power to hold companies liable for data security breaches.
Features
<b><i>Online Extra</b></i> Turning Cybersecurity Into a Serious 'Game of Threats'
The last few years have seen some creative new methods of getting businesses engaged in protecting their networks and data. PricewaterhouseCoopers has created a cybersecurity computer game. PwC's 'Game of Threats' walks businesspeople, playing either as a team of nefarious hackers or as a company being attacked, through the important decisions they have to make during a breach, in hopes of giving them a deeper knowledge of cybersecurity and its challenges.
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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 ›
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