BEWARE Pension Plan Trustees: The United States Supreme Court has Reinforced Your Responsibility

January 31, 2022

Blog, Insights & Impact Business Blog, Keep Informed

On Monday, January 24, 2022 the United States Supreme Court issued its much-anticipated opinion in the Hughes, et al. v. Northwestern University, et al. case. Before the Court was the issue of whether Northwestern University violated its fiduciary duty to a class of employee-investors under ERISA by allegedly including unnecessarily... Read More

Log4j – Who does it impact?

January 25, 2022

Blog, Insights & Impact Business Blog, The Privacy Hacks

Takeaway:  Organizations of all types and sizes should actively manage exposure to loss due to the Log4j vulnerability. Doing so will not be easy. The Log4j program is present in so many applications that the magnitude of the issue is unlike any other. Following CISA guidance and adherence to a... Read More

Data Breach Lessons from Recent Robinhood Lawsuit

December 8, 2021

Blog, Insights & Impact Business Blog, The Privacy Hacks

Takeaway: For most companies, following the SHIELD or FTC practices are sufficient to establish a reasonable security program that should protect companies from civil liability or penalty. But companies storing large amounts of personal information, or valuable proprietary information, should consider even greater controls and protections. Robinhood, a stock trading... Read More

DOJ’s Recent Civil Cyber-Fraud Initiative and What it May Mean

October 27, 2021

Blog, Insights & Impact Business Blog, The Privacy Hacks

Takeaway: The Department of Justice will use the False Claims Act as the basis for exacting civil penalties against companies who’ve fraudulently procured federal dollars while knowingly choosing to permit business practices with unacceptable cybersecurity risk. The Department of Justice (DOJ) is getting aggressive with cyber fraud. Lisa O. Monaco,... Read More

Bitcoin, Cryptocurrencies, and Civil Litigation: Seminal Case Summaries and Key Takeaways

July 15, 2021

Blog, Insights & Impact Business Blog

By: John R. Brumberg , Peter St. Tienne Wolff

In our first article, we introduced the subject of Bitcoin and cryptocurrencies in litigation. This article discusses several of the hottest recent cases involving Bitcoin and cryptocurrencies. Cryptocurrency litigants often accuse their opponents of being scoundrels, thieves, or pathological liars. These cases—arising in the divorce, commercial litigation, partnership, and law firm... Read More

Bitcoin, Cryptocurrencies, and Civil Litigation: Courts Reckon with the Dawn of an Emerging Asset Class

June 15, 2021

Blog, Insights & Impact Business Blog

By: John R. Brumberg , Peter St. Tienne Wolff

Bitcoin and cryptocurrencies have emerged in the wake of the coronavirus pandemic as assets held by institutional, corporate, high net worth, and retail investors alike. While other articles have covered the tax, securities, or estate planning implications of buying bitcoin and other cryptocurrencies, we focus on the considerations of civil... Read More

Tax Credit Provides Direct Relief for COVID-19 Leave

April 27, 2021

Blog, Insights & Impact Business Blog

By: John Kettering

Takeaway: Intended to provide direct relief to small businesses, the ARP employer tax credit provides an excellent opportunity for employers to reduce their tax liability. Small business owners may be eligible for additional financial relief to assist in recovery from the COVID-19 pandemic under the new American Rescue Plan (ARP)... Read More

Uncertain Future: Rethinking the Law Firm Lease Post-COVID-19

March 26, 2021

COVID-19 Center, Insights & Impact Business Blog, Publications

By: Gaetan J. Alfano , Timothy M. Hazel

Due to COVID-19’s impact, the commercial office market should fundamentally shift in favor of tenants for the next several years. Law firm tenants should find an environment characterized by friendly concessions, options across asset classes and price ranges, and limited competition for space. Here are some market factors: Global office... Read More

PA Superior Court Gives Plaintiffs Upper Hand When Choosing Venue

March 22, 2021

Blog, Insights & Impact Business Blog

By:

Takeaway: Big Corporations can be sued anywhere they conduct business, no matter how insignificant the local sales are compared to the national sales. Although plaintiffs have the advantage in choosing the forum, defendants have the assurance that they cannot be sued in forums where they do not conduct significant business.... Read More

Poster Child for Divestiture: First-of-Its-Kind Divestiture Remedy in Private Merger Challenge

March 10, 2021

Blog, Insights & Impact Business Blog

By:

Takeaway: Typically, avoiding a challenge by the DOJ, means a green light for the parties to a significant corporate merger transaction. However, in cases where an actual duopoly has been created, a court may change that light to red, and even unwind the transaction years later. On February 18, 2021,... Read More