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US Senate Holds Hearing on Bipartisan AI Framework and Conducts First AI Insight Forum

As various foreign jurisdictions pursue legislation to address recent developments in artificial intelligence (AI), the U.S. Senate has followed suit in at least two developments this month. On Sept. 12, the Subcommittee...more

CFTC Asserts DAO Members Are Liable for Actions of the DAO

In a new development, the Commodity Futures Trading Commission (CFTC or Commission) has charged that “voting members” of the Ooki DAO are liable for its violations of the Commodity Exchange Act (CEA) and CFTC regulations by...more

The Rise and Recognition of the DAO

“Blockchains” have been hyped as the most important technological revolution since the internet. As of the writing of this article, cryptocurrencies and NFTs are valued at over $1 trillion, despite the continued volatility in...more

Who Owns the Attorney-Client Privilege of a Seller After the M&A Deal Closes?

When M&A transactions end in post-closing disputes, the right to assert privilege with respect to communications that the acquired business conducted with its counsel pre-closing can be of critical importance and possibly...more

Announcing ‘Cyber Insurance Risk Framework,’ NY DFS Joins OFAC in Discouraging Carriers From Making Ransomeware Payments

Ransomware threats and attacks dominated the cyber news cycle in 2020 and into 2021. With the global pandemic and the uptick in remote work and learning, cybercriminals and nation-state hackers have seized on vulnerabilities...more

ICO and CNIL Levy Landmark Fines Against British Airways and Marriott for 2018 Data Breaches

On Oct. 30, 2020, the United Kingdom’s data protection authority, the Information Commissioner’s Office (ICO), in connection with France’s Commission nationale de l’informatique et des libertés (CNIL), announced the largest...more

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