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<b><i>Online Extra:</b></i> New Russian Data Residency Law Will Soon Take Effect
There is a new Russian data residency law that will likely impact many companies, which somehow have business connections with Russia.
The law is actually more far-reaching that some businesses may realize at first glance. It will touch many firms, especially those involved with the cloud, e-commerce, Internet, social media, as well as communications and information technology.
Lothar Determann, an attorney at Baker & McKenzie and lecturer in law at the University of California, Berkeley, explained to Legaltech News that companies affected by the new law include those:
- Which have a 'presence' in Russia, such as a subsidiary, branch or representative's office there;
- Who have customers in Russia, such as an Internet or social media company that has users in Russia;
- Which have customers, who have customers or a presence in Russia, such as cloud service providers. Their customers may ask about compliance solutions for the new law, Determann explained; and
- Those companies with suppliers in Russia, such as a development center.
'That means pretty much any company with an international business is affected'to some degree,' Determann said. 'What the effect for a particular company's bottom line is'depends on how significant the Russian ties are for the company.'
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.
The Anti-Assignment Override Provisions
UCC Sections 9406(d) and 9408(a) are one of the most powerful, yet least understood, sections of the Uniform Commercial Code. On their face, they appear to override anti-assignment provisions in agreements that would limit the grant of a security interest. But do these sections really work?