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In the Courts
Judge Rules Wal-Mart In-House Investigator's Findings Not Privileged
On May 5, Judge Susan O. Hickey of the Western District of Arkansas granted investors' motion to compel the testimony of a Wal-Mart “special investigator,” rejecting the company's privilege claims.
The case began in 2012 following a New York Times article detailing an alleged bribery scheme orchestrated by the company's Mexican subsidiary, Wal-Mart de Mexico, between 2003-2005. The City of Pontiac General Employees' Retirement System (PGERS) brought suit against Wal-Mart under the Securities Exchange Act of 1934 and SEC Rule 10b-5 for not disclosing its knowledge of the scheme, thereby artificially inflating the company's stock price. PGERS alleges it never recovered the value lost when the New York Times alerted the market to the scheme.
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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.
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.
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.
Removing Restrictive Covenants In New York
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?