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Another Look at Rule 10b5-1 Trading Plans Image

Another Look at Rule 10b5-1 Trading Plans

Aegis J. Frumento & Stephanie Korenman

By establishing a prearranged plan to trade their companies' stock in compliance with SEC Rule 10b5-1, corporate executives avail themselves of the only formally codified affirmative defense against a charge of insider trading. However, statistical evidence demonstrating that executives in trading plans outperform their peers by 6% to 10% have twice brought trading plans under academic and journalistic scrutiny.

Features

With Virtual Currency, Does Virtually Anything Go? Image

With Virtual Currency, Does Virtually Anything Go?

Laura Grossfield Birger

In late 2013, a Subway sandwich franchise in Pennsylvania was making the news for being one of the first small American businesses to accept bitcoin as payment for purchases. According to press reports, that franchise generated a lot of interest among hungry bitcoin enthusiasts, who went out of their way to visit the store. Should this be dismissed as a mere publicity stunt, or is the use of bitcoin something that deserves some thought?

Features

Quarterly State Compliance Review Image

Quarterly State Compliance Review

Sandra Feldman

This edition of the Quarterly State Compliance Review looks at some legislation of interest to corporate lawyers that went into effect on Jan. 1, 2014. It also looks at four recent decisions of interest from the Delaware courts.

Features

Supreme Court Leaves NY Online Sales Tax Law In Place Image

Supreme Court Leaves NY Online Sales Tax Law In Place

Tony Mauro

December 2 was an extraordinary day for Amazon.com Inc., the mammoth online retailer: Cyber Monday sales reached new heights, its fanciful plan to use drones to make deliveries was creating buzz ' and then the U.S. Supreme Court spoiled it all by turning down Amazon's challenge to online sales taxes.

Features

New Jersey's Offer of Judgment Rule Image

New Jersey's Offer of Judgment Rule

Gary L. Riveles & Cyndee L. Allert

The New Jersey Supreme Court has vigorously defended its supremacy with respect to the administration of the courts from intrusion by other branches of government. The Separation of Powers Doctrine is premised on the theory that government works most efficiently when each of the three branches of government acts independently within its designated sphere.

Features

<i>Online Extra:</i> Hulu Loses Bid to Short Circuit Privacy Case Image

<i>Online Extra:</i> Hulu Loses Bid to Short Circuit Privacy Case

Scott Graham

U.S. Magistrate Judge Laurel Beeler ruled Hulu's alleged disclosure of users' viewing selections is enough to sustain claims under the Video Privacy Protection Act.

Features

Are States Taking the Lead to Enforce Digital Privacy Laws? Image

Are States Taking the Lead to Enforce Digital Privacy Laws?

Bradley S. Shear

Recently, 37 states and the District of Columbia reached a $17 million dollar settlement with Google over its intentional circumvention of Internet users' privacy settings. The case stemmed from 'Google's bypassing of privacy settings in Apple's Safari browser to use cookies to track users and show them advertisements in 2011 and 2012. In total, Google has paid approximately $40 million dollars to federal and state regulators for intentionally harming the personal privacy rights of Internet users.

Features

EU Parliament Overhauls Consumer Data Protection Image

EU Parliament Overhauls Consumer Data Protection

Angela Hunt

Everyone, especially corporate leaders, got a little paranoid last year when NSA whistleblower Edward Snowden pulled the alarm on U.S. surveillance. That paranoia turned into palpable risk after reports emerged of the NSA tapping the phones of German Chancellor Angela Merkel and executives at a Brazilian oil company.

Features

News Briefs Image

News Briefs

ALM Staff & Law Journal Newsletters

Maryland Franchise Attorneys Discuss Possible Law Changes <br>Maine Franchisees Launch Association

Features

Your e-Discovery Bucket List Image

Your e-Discovery Bucket List

David Boyhan & Sanjay Manocha

One of the most persistent problems encountered in e-discovery is that when all you have is a hammer, everything looks like a nail. As a result, in-house teams that have been subject to resource constraints and staff reductions must approach their litigation more thoughtfully and creatively than ever before. They need to establish an e-discovery "bucket list" that contains both new tools and basic processes to use when things go pear shaped.

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