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SEC Improves e-Capital Raising
The SEC changed Rule 144 to reduce regulation of restricted securities, which, in turn, facilitates Internet capital-raising.
The Internet, in conjunction with such statutes as the E-sign Act
(114 Stat. 464 (2000) ' codified at 15 U.S.C. '7001 et seq.) ' allows intangible property, including capital stock, to be contracted for and exchanged electronically. Certain capital fundraising, however, was not generally available to Internet users under some SEC regulations ' that is, until recently. In particular, using restricted securities to raise capital electronically is a most helpful strategy for cash-poor Internet startups, because unrestricted securities are less expensive to create than restricted securities, which presented problems.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.