<i>Caveat Amicus</i>
September 28, 2006
Identity theft has emerged recently as one of the greatest customer risks in e-commerce. Certainly, no one will shop or do business at a site if he or she feels personal and financial information isn't secure on that site.<br>But the truth of it is that from the dawn of the e-commerce era, the identity of the 'other' person in a deal has always been an unknown risk. The identity of the person requesting a customer's personal information, whether the sender of a marketing e-mail or the owner of an e-commerce Web site, may never really be clear, even to those who read the fine-print terms and conditions in disclosures and contracts.
Online Legal Matching
September 28, 2006
In the relatively newfangled sector of e-commerce, how often does an entrepreneur or attorney who represents e-commerce clients get to witness the birth of a new industry? <br>Well, there's a new player in the $173 billion legal services industry, and its initials are OLM ' a euphonic moniker for online legal matching.
Federal Tax Incentives for Small Business
September 27, 2006
The federal tax code targets small businesses with a social conscience in an effort to encourage compliance with federal disabilities rights laws. There are tax credits and deductions that promote the employment of, and accessibility for, disabled persons. It is through these tax incentives that small businesses are permitted to defray certain costs associated with: 1) the employment of persons with disabilities; and 2) the provision of accessibility to public accommodations for persons with disabilities. Irrespective of whether a small business is an independent business, a distributorship, or part of a franchise system, it cannot afford to ignore the tangible social and economic benefits these tax incentives provide.
Option Backdating
September 27, 2006
This is not an easy time to be in the general counsel's office of a public company. The investigations into stock options backdating tend to reach into various parts of the organization, often simultaneously. Some practical rules of the road are in order, to allow the general counsel's office to spot and address the relevant issues in an appropriate, cost-effective manner.
Kick That Sleeping Dog!
September 27, 2006
Many months ago, federal grand subpoenas arrived on your client's door step. Their unexpected arrival and broad scope set off typical alarm bells and suddenly displaced a good deal of ongoing business. Your client immediately turned to you to undertake an investigation of the matter and a response. Your client's Information Services Department swept all electronic databases, and you directed phalanxes of young lawyers to conduct interviews and review documents for responsiveness. Now what?
Farmland Industries Creditors Paid in Full
September 27, 2006
Maximizing the recovery for unsecured creditors is the primary goal of every liquidating trustee. In proposing the Farmland Industries liquidating plan, the debtor estimated that the maximum recovery for unsecured creditors would not exceed 85% of their allowed claims and that it would take the liquidating trustee approximately 5 years to reach that payout. Instead, JPMorgan, the appointed liquidating trustee, paid unsecured creditors more than 100% of their allowed claims 3 years earlier than anticipated. Several factors played a crucial role in maximizing the payout for Farmland Industries' unsecured creditors; these are explained in this article.
Akin Gump to Open Beijing Office
September 26, 2006
Akin Gump Strauss Hauer & Feld is planning to open an office in Beijing within the next 60 to 90 days, according to the firm's chairman, R. Bruce McLean.
Milbank Tweed Opens Fourth Asian Office
September 20, 2006
Milbank, Tweed, Hadley & McCloy has opened its ninth office, in Beijing. The firm currently has 40 attorneys in Beijing, Hong Kong, Singapore and Tokyo who practice New York and English law.
Holding the Line in Hong Kong
September 18, 2006
Almost 1 year into his tenure as Hong Kong secretary for justice, Wong Yan Lung talked with <i>China Trade Law Report's</i> ALM affiliate <i>Legal Times</i> reporter Anna Palmer on Sept. 11 at the Mandarin Oriental Hotel in Washington. <br>The 43-year-old former barrister answered questions about the status of the legal system after it transferred to the basic law of Hong Kong in 1997, Hong Kong's relationship with China and the larger international legal community, and U.S. lawyers entering the country's legal market. What follows is an edited transcript of that interview.
