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Read Science, Computers & Technology updates, news, alerts, and legal analysis from leading lawyers and law firms:

Federal Circuit rules distribution agreement may be invalidating 'offer for sale'

by Dentons on

In a February 6, 2018, decision, a Federal Circuit panel reasoned that a pharmaceutical distribution agreement can qualify as an invalidating “offer for sale” under 35 USC section 102(b) when the terms of the agreement...more

SEC Updates Guidance on Public Companies’ Disclosure of Cyber-Attacks

The U.S. Securities and Exchange Commission (SEC) updated guidance to public companies this week on how and when they are to disclose cybersecurity risks and breaches. The SEC suggests that public companies should disclose...more

Deadline Looms for Companies to Meet GDPR Compliance

by Harris Beach PLLC on

The European Union’s (EU) comprehensive General Data Protection Regulation 2016/679 (GDPR) replaces the long-standing Data Privacy Directive 95/46-EC (Directive), regulates the collection, processing, and transfer of an...more

Issuers of Tokens Beware: Class Action Lawsuits Are Coming

by Polsinelli on

Initial Coin Offerings, or ICOs, were an extremely popular way of raising capital in exchange for crypto tokens in 2017 and have led to class action litigation in 2017 and 2018. While ICOs have been around since 2013, they...more

Recent Conference Highlights Cyber Risks and How to Protect Against the Same

On February 13-14, 2018, Advisen held a conference focused on exploring cyber risks and how companies can best move to address potential exposures. Below are key takeaways and trends discussed by the panelists....more

SEC Releases Guidance on Public Company Cybersecurity Disclosures

by Ballard Spahr LLP on

On February 21, 2018, the U.S. Securities and Exchange Commission approved the release of Interpretive Guidance relating to public company disclosures of cybersecurity risks and incidents. ...more

Re-Thinking Supply Chain Contracts in the World of Connected Things

by Foley & Lardner LLP on

As the pace of innovation increases at an ever faster rate, many products that traditionally may not have been thought of as involving computers or software are incorporating these elements. In 2007, the iPhone revolutionized...more

EU: “Hard” Brexit Would Come with Border Friction and Costs

The European Union has published a technical note warning of dire consequences for businesses if the UK leaves the EU with no deal in place. The European Commission has warned companies across Europe to prepare for...more

Four Blockchain Technology Bills Proposed by New York Assemblyman

New York Assemblyman Clyde Vanel has introduced proposals in the state legislature for four laws which, if passed, could transform how the State of New York interacts with and views blockchain technology. The first...more

The Lynyrd Skynyrd Texting Case: Spoliation and Non-Party Texts

It was a tragedy. The 1977 plane crash that killed Ronnie Van Zant and Steven Gaines almost ended the band Lynyrd Skynyrd forever. In the wake of the crash, the survivors swore an oath never again to perform as “Lynyrd...more

Virtual Currency Tax Consequences

by Carlton Fields on

A growing number of startups are offering virtual currencies to investors through initial coin offerings (ICOs) as a way to raise capital, often with little or no awareness of the tax consequences of their actions....more

Highlights from the SIFMA AML and Financial Crimes Conference

On February 12-13, 2018, members of the securities industry, regulators and financial crime experts met in New York City at the Securities Industry and Financial Markets Association (SIFMA) Anti-Money Laundering (AML) and...more

How to Leverage Privacy as a Key Competitive Advantage

We’ve discussed privacy compliance with regulations, legal requirements, etc. in the space since this blog’s inception. “Privacy by design” – while not a new concept – is certainly enjoying a new spot in the sunshine thanks...more

Further SEC action and guidance with respect to ICOs and cryptocurrencies

The SEC took two additional steps today in its regulation and oversight of the initial coin offering (“ICO”) and cryptocurrency markets. In the SEC’s latest action targeting an ICO, the SEC Enforcement Division’s new Cyber...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

Walmart’s shares took a hit yesterday on Q4 results that showed slowing online sales and below-expected earnings despite a rise in revenue....more

The future of arbitration: New technologies are making a big impact — and AI robots may take on “human” roles

by Hogan Lovells on

Will new technologies influence the way cases are arbitrated? That was the topic of a debate that included members of the ICC International Court of Arbitration and Hogan Lovells partners Winston Maxwell and Laurent Gouiffès...more

Landmark FERC Rule Paves Way for Electric Storage in Wholesale Markets

by Morgan Lewis on

Last week, the Federal Energy Regulatory Commission issued its long-awaited final rule that aims to remove barriers to electric storage resource participation and enhance competition in regional transmission organization and...more

The Dark Web And Its Impact On Small Business

by Jackson Lewis P.C. on

Most business owners are all too familiar with identity theft. What they might not be sufficiently aware of is the “Dark Web” where identity theft thieves buy and sell stolen personal information. The Dark Web Defined-...more

Data Aggregator Seeks Ruling Allowing It to Scrape Public LinkedIn Data

In the latest development in the legal controversy over scraping, 3taps, Inc. (“3taps”), a data aggregator and “exchange platform” for developers, filed suit against LinkedIn seeking a declaratory judgment that 3taps would...more

What’s trending: The factors that can trigger supply chain disruption and litigation in the life sciences industry

by Hogan Lovells on

Change is coming to the life sciences industry. Price pressure, new market entrants, the emergence of personalized medicine, and even climate change are adding complexity to traditional manufacturing processes and supply...more

Indemnification For Data Breaches: Understanding And Allocating Risk

by Ellis & Winters LLP on

Many contracts between companies and their service providers have broad indemnification provisions. How do those provisions apply in the context of a privacy breach? Today’s post looks at that question—in particular, a...more

Understanding the Shared Responsibility Model in Cloud Services Agreements

by Morgan Lewis on

Not that long ago, companies were concerned about the ramifications of putting all their data in a cloud, including how they would get that data out, so only certain discrete aspects of systems and storage infrastructure were...more

Foley’s 2017 Connected Cars & Autonomous Vehicles Survey - Part 2

by Foley & Lardner LLP on

This is part two of the review of our survey released in October 2017. The survey feedback suggests that many automotive and technology companies are already forging ahead despite the challenges. While most industry...more

The Ghost in the Procurement Machine: Using AI in the Contracting Process

by Morgan Lewis on

Among the many ways in which artificial intelligence (AI) technologies are enhancing business functions, the inefficiencies and labor-intensive organizational aspects of the contracting process present many fertile...more

Federal Circuit Clarifies Scope of On-Sale Bar

by Knobbe Martens on

Federal Circuit Summaries - In Medicines Co. v. Hospira, Inc., 2014-1469; 2014-1504 (Dyk, Wallach, Hughes), the Federal Circuit affirmed the district court’s finding of non-infringement but reversed the district court’s...more

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