This January, President Obama announced a series of initiatives aimed at protecting consumer data. One of these proposals is the Personal Data Notification and Protection Act (“PDNPA” or “Act”), which would create a federal standard for data breach notifications. If passed, businesses will need to know these new requirements to prepare adequately for a data
Dissolving a business comes with a host of complicated legal issues, and the Superior Court of Pennsylvania recently added one more to the list. In Red Vision Systems, Inc. v. National Real Estate Information Services, L.P., 2015 Pa. Super. 5 (2015), the Court held for the first time that the attorney-client privilege dissolves along with
I moved to Beijing two and a half years ago to be the managing partner of Akin Gump’s Beijing office. I had also signed on to teach two courses in the Temple Beijing LLM program at Tsinghua University. I had expected that my lawyering and teaching would be two very different activities and worried that
Traditionally, the practice of law doesn’t scale well. Revenue comes from billable hours, and billable hours are finite. So how does any young lawyer increase the value of those hours and become an indispensable asset to clients, colleagues, and partners alike? Increase efficiencies and build a personal brand. Here’s how: Master your niche At Founder
The sovereign debt dispute involving Argentine bonds has attracted substantial attention and raised a number of novel and significant legal issues. This short essay provides a brief overview of this controversy. In 2001, the Republic of Argentina experienced a severe economic crisis. Inflation rose to over 40%, the stock market lost 60% of its value,
In an important recent ruling, the Delaware Supreme Court confirmed what many practitioners long suspected: that a secured creditor that mistakenly authorizes the filing of a “termination statement” will lose the lien covered by the termination statement, even though the creditor did not intend to release the lien. In Official Committee of Unsecured Creditors of
Philadelphia hosted the inaugural Forbes Under 30 Summit, held October 19-22, 2014 at the Pennsylvania Convention Center. The event brought together over 1,000 members of Forbes “30 Under 30” list with an array of business leaders and mentors. I attended as a roving correspondent for 10-Q. Peter Thiel, Co-Founder and former CEO of PayPal, and
Integrity and inclusion. These were the themes of a special Temple Law Review Symposium held Friday, October 24, 2014 at the Law School in honor of University of Wisconsin emeritus professor Bill Whitford. I organized the Symposium, which was attended by nearly 150 lawyers, scholars, and law students. If you read that carefully, you may wonder: why would
A “series LLC” is an LLC that has one or more “series.” A “series” is like, but not quite, a subsidiary. About a dozen states currently offer series LLCs. Most can have their own assets and liabilities. Internal liability shields provide that assets associated with a series are available only to creditors of that series,
Temple Law School has long been known for its trial advocacy programs. What some may not know is that its transactional programs are growing fast, and provide students with innovative hands-on opportunities to develop competitive business transactional skills, such as negotiating and drafting corporate documents During my 3L year, I had the opportunity to immerse