Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

<b><i>Online Extra:</b></i> Sony Settles Suit Over Hacked Data

By Cheryl Miller
November 02, 2015

Sony Pictures Entertainment Inc. will pay up to $8 million, including $3.5 million in attorney fees, to settle claims tied to the infamous 2014 hacking scandal, according to proposed terms filed last month in the U.S. District Court for the Central District of California.

Attorneys representing a proposed class of current and former Sony employees say the entertainment conglomerate has agreed to create a $2 million fund to reimburse settlement class members for costs they've incurred to shield themselves from identity theft. Sony will also pay for two years of identity-protection services for class members plus an additional $2.5 million to victims who have suffered losses tied to the data breach.

Class counsel will also receive fees of up to $3.49 million under the terms of the deal.

Read These Next
Major Differences In UK, U.S. Copyright Laws Image

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 Image

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 Image

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.

Removing Restrictive Covenants In New York Image

In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?

Legal Possession: What Does It Mean? Image

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.