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Beware Hidden Dangers On Third-Party Services Sites
August 22, 2003
Adding third-party links for tax services to corporate Web sites can be a great way to attract new customers and generate extra income during the tax season. These links often generate income for the company agreeing to host the link to its corporate Web site.
No Electronic Theft Act Is A Partial Success
August 22, 2003
In 1997, the No Electronic Theft Act radically changed the underpinnings of criminal copyright infringement. Before the act, criminal copyright infringement targeted infringers making profits. The act focuses instead on copyright owners' losses, treating criminal copyright infringement as a type of theft ' like shoplifting.
Developments of Note
August 22, 2003
Recent developments in e-commerce law and in the e-commerce industry.
e-Commerce Docket Sheet
August 22, 2003
Recent court rulings in e-commerce.
E-Commerce Rising
August 22, 2003
What does a cash-register ka-ching sound like online? It's the tune of $45.6 billion. That's the estimated e-commerce sales ring-up for 2002, the U.S. Department of Commerce reported in February. The activity represented an estimated increase in total e-commerce revenues from 2001 to 2002 of 3.1%.
European Data Privacy Rights ' Not So Scary After All
August 22, 2003
Most e-commerce businesses and advisers outside Europe are generally aware that the European Union has what appear to be some strange and intricate laws relating to data privacy.
UCITA Revealed
August 20, 2003
UCITA was drafted as a revision to the UCC ' a body of law adopted in almost every U.S. state that aims to ensure consistency in rules governing contract laws. After losing the support of the American Law Institute, the National Conference of Commissioners on Uniform State Laws adopted the proposed new article as a freestanding uniform act (UCITA), rather than as a new article to the UCC, and proposed the uniform law be passed in all 50 states.
MonsterHut Decision: Weapon of Mass Destruction?
August 20, 2003
Earlier this year, a New York trial judge issued the first written opinion on the meaning of the terms permission based and opt-in in the context of e-mail marketing.
DEVELOPMENTS OF NOTE
August 19, 2003
The Small Webcaster Settlement Act (Pub.L. 107-321) became law in December. It provides for alternative royalty-rate setting among certain small and noncommercial Webcasters by agreement with receiving agent designated by the copyright office to accept royalty payments for works covered by sound recording copyrights.
Maturing Internet Leads to Fewer Domain-Name Squabbles
August 19, 2003
The wild wild Web is getting tamed. Cybersquatters no longer freely roam its highways looking for easy marks and trademark owners who once went after anyone who crossed their path are now choosing their battles much more carefully.

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  • Revised Proposal: Understanding the Interagency Statement on Complex Structured Finance Activities
    Many U.S. financial institutions that have participated in equipment leasing transactions (particularly in the large-ticket and municipal markets) in the last 20 years will be keenly aware that as the structures grew ever more complicated, Congress and the federal regulatory agencies grew intensely interested. Whether the institution had a major role in the transaction or simply provided a service, some degree of scrutiny could be expected, often in conjunction with a tax audit of its client. The risks to financial institutions from participating in complex structured finance transactions of all types became a source for concern for banking and securities regulators. The principal federal regulators responded in 2004 with a proposal that financial institutions investigate, and bear responsibility for evaluating, the legal, tax, and accounting basis of their clients' complex structured finance transactions. The goal: to limit the institutions' own credit, legal, and reputational risk from such participation.
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