Category Archives: LTRMBlog

Bill banning employer Facebook snooping introduced in Congress

As the dichotomous arguments for privacy and post-all-the-things-to-Facebook! continues, The Hill is reporting that legislators are beginning to get involved. While a potential win for Facebook users (and the staff of employers who are required to wade through them), employers who are concerned about their reputation as filtered through the postings of their employees should be on…

Who Owns Your Data?

In a recent article on CNET, author Zack Whittaker delved into an issue which is just starting to show its face, the question of who owns your data when you use cloud-based storage. Currently Dropbox and Microsoft’s SkyDrive allow you to maintain copyright and IP ownership of what you put in their cloud-based storage systems,…

Part 2 of 3: Fundamentals of Non Disclosure Agreements

Part 2 of 3: Fundamentals of NDAs Confidentiality/Non-disclosure agreements (“NDAs”) discuss how and when non-public information can be shared between parties and how and when such information may be disclosed to third parties, if at all. Appropriately drafted NDAs focus on information that is valuable or protected and that is not already publicly available. The information should have commercial value (such as non-obvious…

Essential Information Concerning Contracts and Information Security, Part 1 of 3: IT Outsourcing and its Associated Risks

by Daniel B . Garrie Information technology (“IT”) and IT management is built into every modern business transaction. Beyond managing regulations and potential liability, numerous companies outsource their IT functions to third parties, creating significant information security (“InfoSec”), privacy and legal difficulties, including loss of control and challenges with enforcement. Risk and compliance obligations do…

Kleen-ing Up Da Silva

by Daniel B. Garrie Many in the blogosphere and e-discovery community thought Da Silva (Da Silva Moore v. Publicis Groupe & MSL Group. 11 Civ. 1279 (S.D.N.Y. Feb 24, 2012)) would lay the foundation upon which Kleen Products (link to most recently available transcripts) (Kleen Products LLC v. Packaging Corporation of America et al.,No. 10…

Facebook Buys Instagram For $1 Billion

Facebook Buys Instagram For $1 Billion  By Nicholas Carlson | Business Insider – via Yahoo! Finance.

Chinese Accounts Frozen in SEC Zhongpin Insider-Trade Suit – Businessweek

Chinese Accounts Frozen in SEC Zhongpin Insider-Trade Suit – Businessweek By JLTRM on April 9, 2012 The U.S. Securities and Exchange Commission won a court order freezing assets of six Chinese citizens and a British Virgin Islands entity in an insider- trading case involving China-based pork processor Zhongpin Inc. via Chinese Accounts Frozen in SEC Zhongpin Insider-Trade…

Goldman Execs: Just Managing Risk, Senators!

Goldman Execs: Just Managing Risk, Senators! By Dan Freed   NEW YORK (TheStreet) — Goldman Sachs (GS_) released the prepared testimony of the seven current and former executives who will appear before a Senate subcommittee Tuesday, and they all say pretty much the same thing. Six current and former Goldman big shots, including CEO Lloyd…

How Banks Should Manage Risk

How Banks Should Manage Risk They can’t do it alone. What’s needed is a regulator who can pull data firm-by-firm to better grasp systemwide exposure and identify hot spots. (Click to read more)

European Court of Justice & AdWords

Note from the Editor: The following was originally posted at the KnowEm Blog. KnowEm is not affiliated with the The latest European Court of Justice (ECJ) ruling in a dispute about Google’s AdWords service and trademarks is instructive for multinational brand owners and their customers. In the matter of Portakabin Ltd., Portakabin BV v. Primakabin…