Lavery celebrates International Women?s Day today Today, Wednesday, March 8, we celebrate International Women?s Day. IWD is an opportunity to honour those who inspire us every day and who continue to demonstrate the progress we?ve made towards gender equality in the workplace, setting an example for future generations. This year, several of the firm?s women professionals shared why they decided to become lawyers ...
Introduction The UN Convention on International Bills of Exchange and International Promissory Notes (1988) and the Convention Providing a Uniform Law for Bills of Exchange and Promissory Notes (1930), on which legislation throughout the world is modelled, assert the same principle. The assignment of funds is thus rejected as the legal principle underlying the transfer of funds ...
Continuing on from our first advisory on the P2SK Law, we delve deeper into its provisions with a specific focus on Chapter X, which covers finance services businesses. This chapter applies to a variety of entities involved in finance services, including those providing peer-to-peer lending services, and aligns with the P2SK Law's aim of promoting technological innovation in finance services while protecting consumers ...
Litigating in Florida state court can be a slog. Cases move slowly, discovery can be a hassle, and scheduling is sometimes a headache. Yet judges aren’t to blame—Florida trial courts are overloaded and under-resourced. The Florida Supreme Court wants to change that. Just weeks ago, the court signaled that big changes—and perhaps even a resource infusion—are on the horizon. This article unpacks those changes and what they mean for litigants and their lawyers ...
Published in Corporate Counsel Business Journal March 1, 2023 CCBJ: To start out, please share your background with our readers, including your involvement with the WSG–Legal 500 Survey of In-House Legal Technology. Herman Raspé: I am a partner at Patterson Belknap Webb & Tyler in the capital markets group with a focus principally on equity, but also cross-border debt transactions ...
The Department for Work and Pensions has announced a revised timeline for pensions dashboard connection. The aim of a Pensions Dashboard is to enable individuals to see information about all their pension saving, including state pension, in one online location. This is to enable individuals to keep track of their pension savings, particularly where they have worked for several different employers ...
On the 1st March, the FCA issued the remaining portfolio letters in respect of the implementation of consumer duty. For this summary, I have focussed on the motor finance portfolio letter. I had a look at what words were being used in the letter and their frequency (see the word cloud graphic). Whilst this is not a detailed analysis, it’s interesting to note the prominence of “products”, and “information” in the context of the motor finance letter ...
Cisco has recently released its 2023 Privacy Benchmark Study which explores the impact of data privacy on organisations around the world and why data protection compliance remains mission critical for businesses. The study finds that 95% of companies understand privacy to be a ‘business imperative’, but Harvey Jang, Cisco’s privacy chief, highlights that ‘when it comes to earning and building trust, compliance is not enough’ ...
The UK has traditionally benefitted from access to huge amounts of EU grant funding for important R&D projects, particularly under the EU’s Horizon 2020 programme which saw around 12 percent of the total funds, amounting to around £7billion awarded to UK researchers over a four year period. On 1 January 2021, Horizon 2020 was replaced by a successor programme, Horizon Europe, which runs until 2027 and will make a total of €95 ...
This year will mark four years since the UK Jurisdictional Taskforce (UKJT) published its legal statement on crypto assets and smart contracts. This statement was subsequently cited with approval by the English courts holding that cryptoassets can constitute property and can therefore be the subject of proprietary legal remedies and was referred to in the seminal case of AA v Persons Unknown & Ors, Re Bitcoin [2019] EWHC 3556 (Comm) (13 December 2019) ...
This is the third alert in a series designed to inform physicians and other health care providers of what to do in the event of a State Medical Board of Ohio (“Board”) investigation, how to potentially avoid an investigation and what to expect during a license disciplinary case ...
Financial services companies, such as banks, credit unions, lenders, finance companies, loan servicers, broker-dealers, and securities firms, often receive subpoenas from parties in litigation involving their customers, employees, and business partners. They may also receive subpoenas from regulatory organizations, government agencies, and grand juries ...
Over the month of February 2023, a number of Legal Notices have been published within the area of company law. A batch of Legal Notices enumerated L.N. 25 of 2023, L.N. 26 of 2023, L.N. 27 of 2023 and L.N. 28 of 2023 were published on the 7th of February regulating cross-border mergers, divisions and conversions of limited liability companies, respectively. On the 21st of February, L.N ...
Revisions to Regulation D (“Reg. D”), the major exemptive provision from the registration requirements of the Securities Act of 1933 (the “Securities Act”), has been on the Securities and Exchange Commission’s Regulatory Flexibility Agenda for some time. In a January 2023 address, SEC Commissioner Caroline A. Crenshaw floated some of the reforms the current Commission is considering. Background Reg ...
In the ‘Proposal for a Regulation laying down harmonised rules on artificial intelligence’ (the “draft EU AI Act”), transparency is regulated by Article 13 and Article 52 thereof. The former applies to systems of Artificial Intelligence (“AI”) which are classified as high-risk and the latter applies to limited-risk AI systems ...
Blockchain litigation lead, Matt Green will be hosting our latest podcast series, 'In Early - The Crypto Podcast' - Listen to episode 8. This week is about Bitcoin and the Tulip Trading case (recently in the Court of Appeal), in which a claimant seeks to transfer his Bitcoin without a private key, looking for the blockchain’s software developers to transfer them for him ...
Although admittedly still in its early phase, the metaverse, a virtual world where users can interact with each other and digital objects in a 3D environment, provides exciting new opportunities with a multitude of implications for rights management and the Fintech sector. Facebook’s head-first charge into this new landscape attests to the importance of the metaverse. Last year, the tech giant rebranded its corporate identity to Meta to signal its commitment to the metaverse ...
There has been a recent decision on an interesting case involving a challenge to the ability of the federal government to provide benefits or rights to Tribes and other Native organizations. Maverick Gaming LLC v. United States, Case No. 3:2022cv05325, which is currently before the U.S ...
As consumer data collection continues to rise in the United States and around the world, aggregated health data is becoming a more common product bought and sold by data brokers. While worrying on its own, even more concerning is the growth in individually identifiable data being sold by private companies, which could range from the number of occurrences of a certain condition in a given zip code to the names, addresses, and incomes of individuals with the same condition ...
