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For years, the business community has been calling for a comprehensive federal privacy law, frustrated with operating under a patchwork of sometimes-conflicting state laws. Now, Congress is considering one that's extremely wide-ranging and that observers say has a legitimate chance of passage.
The American Privacy Rights Act — unveiled last month by Senate Commerce Committee chair Maria Cantwell (D-WA) and House Commerce Committee chair Cathy McMorris Rodgers (R-WA) — would cover every company with annual revenue topping $40 million, along with nonprofits, a realm previously untouched by the privacy regime.
The measure would restrict how companies can collect, use and transfer data and gives consumers the right to opt out of targeted advertising and the transfer of data to others. Companies would be severely limited in the amount of information they could collect and use, and would be barred from transferring sensitive data to a third party without express consent.
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In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
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.
Latham & Watkins helped the largest U.S. commercial real estate research company prevail in a breach-of-contract dispute in District of Columbia federal court.
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.