Cooley LLP

Blog: More Fallout from ACICS Loss of Recognition – SEVP Removes Grace Period

Immigration and Customs Enforcement has announced that its Student and Exchange Visitor Program will no longer allow ACICS schools 18 months to find new accreditors. Reversing its earlier position, the Student and Exchange…more
| Education, Immigration Law

Blog: Do Board Self-Evaluations Help Produce A High-Functioning Board?

In this paper from the Rock Center for Corporate Governance at Stanford University, Board Evaluations and Boardroom Dynamics, the authors suggest that board self-evaluations aren’t all they’re cracked up to be. While, based on a…more
| Business Organizations

Blog: New Mexico Poised to Add the ‘Data Breach Notification Act’ to the Patchwork of State-Level Data Privacy Laws

The New Mexico Legislature passed the ‘Data Breach Notification Act’ (the Act) on March 15. The Act is now with Governor Susana Martinez who has 20 days from the date the Act was passed to sign it into law. If enacted, the Act…more
| Privacy, Science, Computers, & Technology

Alert: Supreme Court Eliminates Laches Defense for Many Patent Infringement Cases

On March 21, 2017, the Supreme Court issued its decision in SCA Hygiene Products Aktiebolag v. First Quality Baby Products, LLC, which addressed the viability of the equitable defense of laches under the patent laws. Key…more
| Civil Procedure, Intellectual Property

Alert: Supreme Court Creates New Test That Could Grant Broader Copyright Protection to Clothing Designs

On Wednesday March 22, 2017, the Supreme Court of the United States held that the decorative elements of a cheerleading uniform – zig-zags, stripes and chevrons – are protected under copyright law. In this 6-2 written decision,…more
| Intellectual Property, Science, Computers, & Technology

Blog: SEC Approves T+2

At an open meeting this morning, the SEC voted to adopt an amendment to Rule 15c6-1 under the Exchange Act to shorten the standard settlement cycle for most broker-dealer transactions from three business days after the trade…more
| Securities Law

Alert: What US Lawyers Should Know About Protecting Confidential Information in the UK

Confidential information can be one of a business's most prized and valuable assets, regardless of the industry in question. However, it is rarely something which can be locked in a safe because employees often require access to…more
| Commercial Law & Contracts, Intellectual Property, International Law & Trade

Blog: UK/European crime-fighting coordination post Brexit “a priority”

As anticipated in our blog last June, the impact of Brexit on how the UK’s crime-fighting agencies will interact with their European counterparts is now firmly on the agenda. On 6 March, the Home Secretary, Amber Rudd,…more
| International Law & Trade

Blog: European Parliament approves conflict minerals rules for the EU

Last week, the European Parliament approved, by a vote of 558 to 17 with 45 abstentions, new rules on conflict minerals, 3TG—tin, tungsten, tantalum and gold. Proceeds from the sale of conflict minerals, which are used in the…more
| Commercial Law & Contracts, International Law & Trade, Securities Law

Blog: Administration Releases “Skinny” Budget; Education Feels the Pinch

On March 16, 2017, the Administration released its Budget Blueprint for 2018. Overall, the Blueprint upholds many of the campaign promises the President made, increasing military spending by significantly cutting funds from…more
| Education, Elections & Politics

Blog: FDA Delays “Intended Use” Final Rule until March 2018

Late last week, the U.S. Food and Drug Administration (FDA) announced that it was once again delaying implementation of the final rule issued January 9, 2017 related to amendments to its regulations regarding intended use (Final…more
| Health

Alert: New Federal “Fintech Charter” Framework Released

The Office of the Comptroller of the Currency (OCC) recently came one step closer to making its fintech bank charter a reality. On Wednesday, March 15, it released a Licensing Manual Supplement (Supplement) with proposed…more
| Finance & Banking, Science, Computers, & Technology

Blog: Just As The U.S. Seeks To Roll Back Regulations, The European Parliament Adopts New Corporate Governance Rules

Just when the U.S. is looking at how to roll back its regulations on corporations (among others), the rest of the world seems to be headed in the opposite direction. On Tuesday, the EU Parliament approved a Shareholder Rights…more
| Business Organizations, Commercial Law & Contracts, Securities Law

Blog: Excitement about Adult Learning: A Lasting Impression from SXSWedu

Last week I was in Austin, Texas attending one of the largest gatherings of education innovators in the world, the SXSWedu Conference and Festival. After some time thinking about all of the great discussions I had, I want to…more
| Education, Science, Computers, & Technology

Blog: March 28 Deadline Looms for Online Schools to Obtain Authorization in New York

Last September, the New York Board of Regents issued new regulations requiring all degree-granting out-of-state institutions seeking to enroll New York residents in their online programs to obtain authorization from the…more
| Education
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