Supreme Court Hears Challenge to Fraud-on-the-Market Presumption in Securities Fraud Litigation
February 28, 2014
When the U.S. Supreme Court 25 years ago decided <i>Basic, Inc. v. Levinson</i>, it adopted a legal theory that commentators would describe as revolutionizing securities law in the United States. By accepting the "fraud-on-the-market" theory, the <i>Basic</i> Court made it much easier for plaintiffs to get their cases certified as class actions, increasing the potential exposure of corporations and their officers and directors.
Collaborating in The Cloud
February 28, 2014
One of the great advantages of working with files in a cloud drive is sharing documents with other reviewers/authors in real time. Real time is the actual time during which reviewers are making changes to the document. This can be accomplished with all reviewers working in a Web App.
Revenue
February 28, 2014
When is a sale a sale? This question is much more than semantics or a deep philosophical debate that college accounting majors have over a nice cold keg of Mountain Dew. Many an executive or business owner has gone to jail over this issue.
Best Practices for Comprehensive Searchability
February 28, 2014
Most law firms now proudly proclaim that they have implemented efficient and secure document management systems, systems in which they have invested significant dollars and even more in "sweat equity." The end goal of these systems is to ensure that all documents are stored securely, and perhaps more importantly, can be found quickly and easily.
Utah Judge Rules Against Aereo's TV Antennas
February 28, 2014
Television's old guard finally opened a hole in Aereo Inc.'s armor last month, winning a ruling that left the Internet TV upstart and its lawyers fighting to limit the damage ahead of arguments at the U.S. Supreme Court in April.
Uncovering the Facts in Litigation And Investigations
February 28, 2014
Over the past decade, the volume of data in litigation and investigations has exponentially increased. As data has become more and more vulnerable to subpoenas and regulators, people have become singularly concerned with making relevance decisions for production. In the process, we have forgotten about focusing on the facts themselves and uncovering the stories within data.
Content Owners' Pursuit of Secondary Infringement Claims
February 28, 2014
Secondary liability can be imposed on an ISP or distributor of a product used to commit infringement based upon claims of contributory infringement, inducement infringement or vicarious infringement. The contributory and inducement claims both focus on a defendant's contribution to the infringement and require that the defendant knows that direct infringement is occurring. These related claims, which provide independent ways to attack secondary infringement, differ in important respects.
Hysteria Grips Bitcoin Market As Apple Removes Bitcoin Wallet App from Its Store
February 28, 2014
Despite the active hostility of the Chinese, Indian and Russian governments, the spread of bitcoins throughout the world was untrammeled until last month. In a series of dramatic arrests and prosecutions, the U.S. government began an active campaign against the use of bitcoins for questionable purposes.
