On Aug. 5, 2022, the US Court of Appeals for the Federal Circuit in Thaler v. Vidal ruled that an artificial intelligence (AI) system cannot be listed as a named inventor on a patent application, affirming the United States Patent and Trademark Office (USPTO) and US District Court for the Eastern District of Virginia rulings. The Federal Circuit concluded that the Patent Act requires an “inventor,” as defined in Section 100(f), to be a “natural person."
This guide provides an overview of the important issues involved in the financing of real estate projects, including such topics as the method for creating a security interest or lien on real property, interest rate limitations, and licensing requirements for lenders in each jurisdiction.
In this article, learn the more material changes brought about by the GDPR (those likely to have a bigger impact), comments on the likely impact of the proposal on businesses, and suggests action points that businesses can begin to address in the lead-up to the measure coming into force.
In this article, explore three clusters building on the 1980 Organisation for Economic Co-operation and Development (OECD) Privacy Principles: protection and security, accountability, rights and responsibilities for using personal data. This document captures some of the key outcomes of the dialogue.
Timothy Phillips, senior counsel at the American Cancer Society, discusses a variety of tax issues facing charities and nonprofits.
This QuickCounsel will cover who will be included in the Order's definition of "critical infrastructure" from the private sector, what specific standards will be adopted to enhance cybersecurity, and what incentives will be created to encourage private sector adoption of the selected standards.
As clients seek more cost-effective legal services, innovative law firms have begun to transform their service delivery models and new providers have appeared, enabling a transformation in which law firms realign their business models with clients' interests. Is this the end of in-house lawyers?
Many jurisdictions in the Asia-Pacific region have enacted, or are in the process of enacting, comprehensive data privacy legislation. Learn how this may impact your business.
In this multi-jurisdictional guide, explore an overview of key legal issues, rules and developments regarding derivatives across a range of jurisdictions.
Some topics discussed include smart contracts in the derivatives space and more.
Examines the guidance issued by the Office of Labor Management Standards and discusses the best practices for addressing LM-10 reporting obligations.
On June 7, 2022, US Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) introduced a bipartisan bill to regulate the cryptocurrency/digital assets market. While the Lummis-Gillibrand Bill will no doubt undergo substantial amendments before - and if - it becomes law, its bipartisan provenance points to likely directions for U.S. crypto/digital assets law and regulation. This article explains why some of the Lummis-Gillibrand provisions are revolutionary.
In this member profile, Freya Smith discusses how to build an in-house team from the ground up.
About 85 percent of all corporate espionage incidents involve current or past employees. Use this article to implement strategies protecting trade secrets.
This article, written by Latham & Watkins, focuses on the US Securities and Exchange Commission's (SEC) proposed rules (Proposing Release) that would require securities market participants that engage in dealer-like activities to register with the SEC, become a member of a self-regulatory organization (SRO), and comply with federal securities laws and regulatory obligations. The article touches upon the proposed changes and the qualitative and quantitative standards that these rules set.
As local economies continue to stabilize, Angola and Nigeria are ripe with potential investment opportunities — particularly in the natural resources area. However, with new laws, immigration considerations and a legacy of corruption, in-house counsel must familiarize themselves with a variety of issues to ensure their clients’ success.
2023 is shaping up to be a landmark year for data privacy, as comprehensive consumer privacy laws take effect in four states and a fifth state expands its already robust privacy compliance requirements. Womble Bond Dickinson assembled a panel of privacy, technology and data security attorneys to discuss these upcoming changes and the regulatory compliance steps companies need to take. This article is taken from that conversation.
Supply Chain Transparency and Liability for Commercial Lawyers - presentation held in Melbourne 2 March 2017.
On July 2, 2014, the National People’s Congress of the People’s Republic of China (PRC) released amendments to the 2009 PRC Food Safety Law (Amendment) for public comment. Before the call for comment, the Amendment was reviewed four times. No further significant amendments are expected before the revised PRC Food Safety Law comes into effect later this year or in early 2015.
This article provides a discussion of the principal US Securities Act of 1933 sections, rules and regulations that may be used for registration-exempt offers and sales of securities for the purpose of raising capital and their respective requirements, advantages and disadvantages. Following the discussion, are “Deal Points” on important considerations in the exempt-from-registration offering process and what at all costs not to do.
The transition from outside counsel to in-house attorney might seem daunting at first. A firm lawyer has limited knowledge of each client and most likely concentrates in one area of the law. In-house counsel must understand the industry, business and culture of his employer and make himself indispensable. This article offers tips on how a newly minted in-house attorney can succeed.
Learn about the importance of appropriate IP due diligence in transactions decision-making and risk-taking.
With data breaches and security vulnerabilities on the rise, it is essential that your company develop an effective information security and data protection program. First, legal and business stakeholders must collaborate to form a comprehensive yet accessible policy. This article outlines a three-step process and 10 lessons learned that can help with facilitated policy development.
Compliance and ethics offices have become more popular, but does your client need one? This column offers thoughts to consider before making such an investment.
Depending on the industry, your board members could be in breach of their duties if they don’t consider the company’s impact on climate change. The climate is changing - more precipitously and with more severe consequences than many anticipated and it will impact companies and board members in a number of different ways. This ACC Docket article outlines actions that board members can take in order to clearly communicate with their shareholders, provide support for their customers and invest in their employees in order to control the environmental impact of climate change on their company.
When it comes to mediation, no one is asking you to be friends with opposing counsel. Instead, approach it with a sense of civility and look at the case as objectively as possible. Even if you’re not interested in a settlement, the tips presented in this article will allow you to move past litigation and focus on more productive business.
It pays to be in shape - just ask an administrator in charge of health care benefits. As costs continue to rise for insurance coverage, companies are implementing 'wellness programs' to improve the quality of life for their staff and reduce business expenses in the long run. How can you help to ensure that employees don't make themselves - and your company - physically or financially sick? This article offers up some realistic remedies.
Elizabeth Whitman discusses how her company has handled the recent turbulence in the real estate market and what to expect with the introduction of new legislation.
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