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As Washington dithers, ‘unsustainable long-term fiscal future’ looms
The debt limit debate highlights how the nation is on an “unsustainable” fiscal path, as detailed in a new report from the Government Accountability Office on deficits.
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The Informed Board – Spring 2023
Changing CEOs is one of the most critical decisions any board faces. In this issue of The Informed Board, we offer tips on how to avoid the mistakes we most often see. We also explain the problems companies could face if the FTC goes forward with its proposal to ban and rescind noncompetition agreements….By: Skadden,…
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FTC proposes changes to Health Breach Notification Rule
On May 18, the FTC issued a notice of proposed rulemaking (NPRM) and request for public comment on changes to its Health Breach Notification Rule (Rule), following a notice issued last September (covered by InfoBytes here) warning health apps and connected devices collecting or using consumers’ health information that they must comply with the Rule…
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Spotlight on Greater China: antitrust and regulatory risks in life sciences distribution channels
As part of a new Asia-Pacific (APAC) Life Sciences and Health Care webinar program designed both for companies with commercial interests in APAC and for companies based in the region, Hogan Lovells is hosting a special webinar series with a spotlight on Greater China. The series shares topical insights, cost-effective strategies, and risk management guidance…
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Proactive Contracting for Tech Startups: Will Your Commercial & IP Agreements Help or Hinder an Exit?
Whether you are a startup or an acquiring company, there are several steps you should consider ahead of an exit to protect your deal and avoid issues later on. In this episode, Salt Lake City partners Spencer Glende and Scott Young, along with host Julian Dibbell, discuss measures companies can take with respect to IP…
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BIPA’s Back in the News: Illinois Supreme Court Gives Unionized Employers Respite From Costly Privacy Law Claims
In light of the Illinois Supreme Court’s string of recent, individual-friendly decisions related to Illinois’s Biometric Information Privacy Act (“BIPA”) (see our Firm’s commentary on those decisions here and here), it was wholly reasonable for employers subject to BIPA to be anxious about the Court’s next BIPA decision. Add labor unions to the mix, and…
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EU AI Act: Foundation Models and Almost at the Finish Line
On 11 May 2023, the European Union’s landmark AI Act took a giant leap forward as the EU Parliament’s Internal Market Committee and the Civil Liberties Committee (EU Parliament) approved their compromise text. The draft AI Act — which brings AI systems within the EU’s product liability framework — was first introduced in April 2021,…
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Freedom Mortgage Notifies Consumers That a Recent Data Breach Compromised Their Social Security Numbers
On May 22, 2023, Freedom Mortgage Corporation filed a notice of data breach with the Massachusetts Office of Consumer Affairs and Business Regulation after learning that confidential consumer data within the company’s possession was subject to unauthorized access. Based on the company’s official filing, the incident resulted in an unauthorized party gaining access to consumers’…
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Franklin Templeton Investments Announces Data Breach Following Cyberattack at Third-Party Vendor
On May 23, 2023, Franklin Templeton Investments Corporation (“Franklin Templeton Canada”) filed a notice of data breach with the Attorney General of Maine after learning about a cybersecurity event at InvestorCOM, a third-party vendor used by Franklin Templeton Canada to deliver certain documents. Based on the company’s official filing, the incident resulted in an unauthorized…
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Fresh Del Monte Produce Notifies Employees of Recent Data Breach
On May 16, 2023, Fresh Del Monte Produce, Inc. filed a notice of data breach with the Attorney General of Massachusetts after learning that confidential employee information was subject to unauthorized access following a cyberattack. Based on the company’s official filing, the incident resulted in an unauthorized party gaining access to consumers’ names, Social Security…
