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Employee Privacy and Corporate Legal Risk
The use of business email accounts and digital devices for personal communications can be risky for both employers and employees. However, employees of all levels may be commingling corporate communications with their personal information, according to new research.
Internet Legal Ethics and Client Privacy
August 01, 2017
Internet professional responsibility and client privacy difficulties are intimately associated with the services offered by lawyers. Electronic attorney services result in data gathering, information exchange, document transfers, enhanced communications and novel opportunities for marketing and promotion. These services, in turn, provide an array of complicated ethical issues that can present pitfalls for the uninitiated and unwary.
7 Tips to Make a Cyber Attack Comeback
August 01, 2017
It's important to have a restorative plan in addition to a preventative plan for your IT systems. Here are a few steps a law firm can take to ensure critical case data remains intact and accessible after a cybersecurity breach.
WannaCry Attack Is A Wake-Up Call for Cyber Preparedness
August 01, 2017
The scope of WannaCry changed our perceptions of ransomware attacks. Until then, the more highly publicized ransomware incidents were localized targets impacting only one or a small number of businesses. WannaCry made it clear that ransomware could reach a broad cross-section of computers worldwide, at essentially the same time.
Tweeters Blocked By President Trump File First Amendment Suit
August 01, 2017
A group of Twitter users blocked by President Donald Trump are suing after a request to be unblocked on First Amendment grounds went unheeded.
<b><i>Online Extra</b></i><br> Google Sues to Block 'Repugnant' Canadian Court Decision
August 01, 2017
Google Inc. has filed suit in U.S. federal court seeking to block enforcement of a decision by the Supreme Court of Canada that would require the search giant to delist certain search results worldwide.
<b><i>Online Extra</i></b><br> Pokéstop: Judge Calls Timeout in Suit Against Pokémon Go Maker
August 01, 2017
A federal judge has pressed pause on a group of lawsuits targeting the maker of augmented reality game Pokémon Go with nuisance and trespass claims for placing virtual landmarks on top of real property.
<b><i>Online Extra</i></b><br>Publishers Seek Antitrust Exemption to Better Negotiate With Google, Facebook
August 01, 2017
U.S. newspaper publishers, who say they are chafing under the market power of Google and Facebook, are calling on Congress to allow them to negotiate collectively with the online giants.
Third-Party Cybersecurity Strategies Critical to Preparedness
August 01, 2017
This article examines the guidelines published by Board of Governors of the Federal Reserve System on managing outsourcing risk, along with the Office of the Comptroller of the Currency (OCC) 2013 OCC Bulletin 2013-29 and the supplemental Jan. 24, 2017, examination procedures, which are designed to help bank examiners tailor the examinations of national banks and federal savings associations determine the scope of the third-party risk management examination.
U.S. Supreme Court Addresses the 'Denominator Problem'
August 01, 2017
In a recent case, the U.S. Supreme Court applied what has come to be known as the <i>Penn Central</i> balancing test to uphold New York City's refusal to approve an office tower atop Grand Central Terminal.

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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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