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Bankruptcy General Business Privacy

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Sports Authority sells it customer database to Dick’s Sporting Goods for $15 million

Sports Authority, Inc. (“Sports Authority”) advertisements have been everywhere lately –‘everything must go!’ But does this include their customers’ personal information, too? Because Sports Authority has filed for Chapter 11...more

2015 Wisconsin Act 90 Changes Numerous Insurance Provisions

by Foley & Lardner LLP on

On November 11, 2015, Governor Scott Walker signed Senate Bill 287 into law as 2015 Wisconsin Act 90. The law is a collection of miscellaneous changes and updates to Wisconsin’s Insurance Code, including technical corrections...more

Corporate E-Note - October 2015

by Burr & Forman on

By now, everyone has heard of the Department of Labor’s ("DOL's") proposed rule requiring a weekly salary of at least $970.00, or $50,440.00 annually, for employees to be exempt from the Fair Labor Standards Act's ("FLSA's")...more

The Legacy of the RadioShack Bankruptcy and the Importance of PII

Customer information has become an increasingly valuable business asset. And, the volume and detail of other available information about consumers has increased along with it, well beyond mere customer names and addresses to...more

Transferring Customer Data in an Asset Sale

Be careful what you’ve promised your customers…or what has been promised about data you buy! In today’s world, consumer data is a huge asset for companies across all industries, in particular those in...more

“Never Say Never”: Lessons From RadioShack’s Sale of Customer Information

When a bankrupt company’s most valuable assets include consumer information, a tension arises between bankruptcy policy aimed at maximizing asset value, on the one hand, and privacy laws designed to protect consumers’...more

Privacy Policy Impacts RadioShack’s Sale of Customer Information

by Snell & Wilmer on

On April 10, 2015, RadioShack, and certain affiliated debtor entities, proposed a bankruptcy sale of certain assets, including Personally Identifiable Information (“PII”). Deposition testimony in the case revealed that, over...more

Third Parties, Government Challenge RadioShack’s Sale Of Customer Data

by King & Spalding on

On May 13, an affiliate of Standard General LP agreed to pay $26.2 million for a portfolio of the bankrupt RadioShack Corp.’s intellectual property, including a database of 67 million RadioShack customer addresses, 8.5...more

Big Data Bankruptcy Sale Derailed – RadioShack’s Customer Information Draws Objections

by Butler Snow LLP on

On March 20, 2015, the State of Texas filed an objection to the sale of customer information in the In re RadioShack Corporation, et al., Case No. 15-10197, case pending in Delaware. According to the objection, the customer...more

Bankruptcy Sales of Personally Identifiable Information: Does it Satisfy the Privacy Policy?

by Snell & Wilmer on

Companies that are looking to sell, transfer or buy personally identifiable information (“PII”) via bankruptcy asset sales would be wise to confirm that such a transfer is consistent with the debtor’s privacy policy. If it...more

A Moment of Privacy -- October 2011

by Proskauer Rose LLP on

Q: Could my privacy policy hinder the liquidation of my company's assets? A: Possibly, yes. Since defunct online toy store Toysmart's privacy policy precluded its liquidation sale of its customer list a decade ago, most...more

Fenwick Employment Brief - August 14, 2009

by Fenwick & West LLP on

IN THIS BRIEF: *California Supreme Court Clarifies Workplace Privacy Limits In Video Surveillance Case *Company’s Bankruptcy Does Not Prevent Personal Liability For Wage Violations *News Bites ..PG&E Overtime...more

Financial Services Report, Fall 2007

by Morrison & Foerster LLP on

In this issue: On the Edge MoFo Metrics Beltway Report Ahead of the Summons Privacy Report California Report Operations Report Firm Offer Update Credit Card Report Arbitration Report Mortgage Report Creditor’s...more

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