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Facebook Digital Assets

White & Case LLP

You’ve been Airdropped: English Courts Approve Service of Lawsuit via NFT

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As the popularity of cryptocurrency as an investment asset balloons, the number and types of lawsuits involving crypto assets has also increased. Issues such as traceability and effective methods of service are now at the...more

Robins Kaplan LLP

Sandberg Stepping Down as Meta COO After 14 Years

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Meta COO Sheryl Sandberg is stepping down after 14 years of steering the ship at Zuck’s side. Sandberg will stay on the Board of Meta, the parent company of Facebook, Instagram, and WhatsApp. Javier Olivan will take over...more

Spilman Thomas & Battle, PLLC

Decoded: Technology Law Insights, Volume 3, Issue 9

Avoiding Data Breaches: A Guide for Boards and C-Suites "Recently, plaintiffs have targeted corporate board members and C-level executives alleging that their data privacy–related claims result from a breach of fiduciary...more

Kohrman Jackson & Krantz LLP

Frequently Asked Questions Regarding Online Accounts And Estate Planning

There are many factors to consider when planning your estate in the event of your incapacitation or death. While discussions regarding traditional assets are crucial in the planning process, other factors should also be taken...more

Burr & Forman

Meta Shutters Diem

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Requiescat Diem. Launched with great fanfare three years ago as Libra, the Facebook/Meta-led blockchain stablecoin effort now called Diem announced January 31 that it will shut down and sell its assets to Silvergate Capital...more

Cozen O'Connor

New Law Gives Pennsylvania Executors Power Over Decedents’ Social Media And Other Digital Content

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Pennsylvania recently became one of the last states to enact a law treating digital assets and electronic records as tangible property, which allows executors, trustees, guardians, and agents to access and manage the digital...more

Polsinelli

Wind of Change - The Year FinTech Came in From the Cold - Polsinelli BitBlog: Year End Edition

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Digital assets and Blockchain technologies which were once described as the tools of criminals, are now a key part of efforts by traditional financial services firms to transform their businesses and innovative firms looking...more

Polsinelli

Despite Big News and Some Regulatory Progress, Digital Assets Face Continued Skepticism and Legal Hurdles

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As the summer continues to heat up so does the digital asset industry with two major developments. The Libra announcement last month represented a milestone in the cryptocurrency industry....more

Foster Garvey PC

OTA & Travel Distribution Update: Hopper focuses on hotel bookings; Amazon's re-entry into travel; Facebook cryptocurrency a...

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Hopper Focuses on Hotel Bookings - ("Hopper ramps up hotel booking with global private rates and price tracking," Phocus Wire on Jun 20, 2019) Over the past few years, we have featured a number of stories about Hopper...more

Farrell Fritz, P.C.

Wills, Trusts & Estates: Plain and Simple – What Happens to Social Media and Other Digital Life When You Die?

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Over the holidays, it’s likely that you or a loved one received some type of computer or device that connects to internet websites, email, and applications. Or that pictures were taken and stored on such a device, or that...more

Morrison & Foerster LLP - Social Media

Social Links: LinkedIn’s new feature estimates compensation; states grapple with social-media-account-inheritance laws; insurance...

Because it bases its assesments on job title, location and industry, LinkedIn’s new Salary feature might be more accurate than are other online compensation estimation tools....more

Morrison & Foerster LLP - Social Media

Social Links: Snapchat ad revenue grows; the UK’s revenge porn problem; laws that enable control of digital assets after death

Snapchat is on track to rake in an enormous amount of ad revenue by 2017. Also, there’s mounting evidence that the company is working toward developing a Google Glass-like product. We have written previously...more

Robinson+Cole Data Privacy + Security Insider

California Passes Digital Assets Law

Following in the footsteps of numerous other states, California became the newest state to pass a digital assets bill, which allows individuals to access social media accounts, music accounts, gaming accounts or other digital...more

Smith Debnam Narron Drake Saintsing & Myers,...

How can surviving family members deal with online accounts and other digital assets?

We, as a society, are gradually moving away from paper bank statements, jars with money in them, and instructions to loved ones scribbled on notepads. With the growth of our online presence, our lives can be governed almost...more

Orrick, Herrington & Sutcliffe LLP

PRIVACY POLICIES AND THE SALE OF CORPORATE ASSETS: It pays to plan ahead to preserve the value of your data assets

Personal data is a valuable corporate asset. At times, the personal information collected from customers (such as email address, mailing address, phone number, etc.) can be a company’s most valuable asset. Unfortunately,...more

Morrison & Foerster LLP - Social Media

Socially Aware - Volume 6, Issue 3 - July/August 2015

Welcome to the newest issue of Socially Aware, our Burton Award winning guide to the law and business of social media. In this edition, we present a “grand unifying theory” of today’s leading technologies and the legal...more

Morrison & Foerster LLP - Social Media

Social Media Assets in Bankruptcy: Facebook and Twitter Accounts Subject to Reach of Creditors

Social media accounts can be “property of the estate” in a bankruptcy case of a business, and thus belong to the business, even when the contents of the accounts are intermingled with personal content of managers and owners....more

Adams and Reese LLP

Judges, Guns, And Facebook: Social Media Lessons For Businesses From The Tactical Firearms Case

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Over the past few weeks, the internet has been abuzz over the battle raging between Jeremy Alcede, the former majority owner of CTIL, LLC, dba Tactical Firearms (the debtor), and the Bankruptcy Court for the Southern District...more

Butler Snow LLP

Texas Bankruptcy Court ‘Likes’ Facebook and Twitter Accounts as Property of the Reorganized Debtor

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In a recent opinion in In re: CTLI, LLC (Tactical Firearms), Judge Jeff Bohm in the United States Bankruptcy Court for the Southern District of Texas ordered a debtor to handover its Facebook and Twitter accounts to the...more

Morrison & Foerster LLP - Social Media

Who Will Update My Status When I’m Dead?: The Biggest Social Media Platforms’ Policies on Deceased-User Accounts

It’s often said that, when it comes to regulating technology, U.S. laws aren’t up to speed. That includes U.S. trusts and estates laws, which, in many cases, do not say much about what happens to your digital assets after you...more

Shumaker, Loop & Kendrick, LLP

Facebook Takes a Step Forward for Digital Afterlife

Late last week Facebook released several new features that will aid in the management of a user’s account after the user’s death. While there has been little notification of these features on Facebook itself, the new features...more

Proskauer - Privacy & Cybersecurity

Fiduciary Access to Digital Assets and Accounts

Traditionally, a person’s most valuable assets to be distributed upon death consisted of tangible items such as real property, cash, jewelry and personal effects of sentimental value like photographs and letters. However, the...more

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