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Executive Order, IP owners seek to safely navigate the ‘promise and peril’ of AI
Discussion of artificial intelligence has become ubiquitous, particularly generative artificial intelligence (AI) given its potential to create new content, which some reports estimate could add up to $4.4 trillion annually to the global economy….By: McAfee & Taft
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Part I: NFT Lending — Legal Issues Involving Secured Transactions under the UCC, Pre- and Post-Article 9 and 12 Amendments
Despite the protracted crypto bear market, innovators in non-fungible tokens (“NFTs”) are hard at work. Gone are the days when NFTs were merely profile pictures (“PFPs”) displayed on a pseudonymous social media account or shown for their prestige online or in real life to confused friends and colleagues……By: Proskauer – Blockchain and the Law
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The SEC’s Charges Against SolarWinds and its Chief Information Security Officer Provide Important Cybersecurity Lessons for Public Companies
On October 30, 2023, the US Securities and Exchange Commission (“SEC”) announced that it filed charges against SolarWinds Corp. (“SolarWinds” or the “Company”) and its Chief Information Security Officer (“CISO”) in connection with the SEC Division of Enforcement’s (“Enforcement Division”) investigation of a cyberattack. The complaint alleges that the Company “defrauded SolarWinds’ investors and customers…
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Taming the AI Beast: Local Rules Amended to Control Use of Generative AI in Court Filings
The legal profession has increasingly witnessed the rise of artificial intelligence (AI) technologies, particularly generative AI, which has shown immense potential in various areas of legal practice. From legal research to drafting, generative AI is a promising tool. However, its use in litigation requires careful consideration and oversight….By: Mitchell, Williams, Selig, Gates & Woodyard,
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CMP Development, LLC v. Amneal Pharms. LLC – CaroSpir® (Spironolactone)
Case Name: CMP Development, LLC v. Amneal Pharms. LLC, Civ No. 21-549 (MN), 2023 WL 6387792 (D. Del. Sept. 29, 2023) (Noreika, J.)….By: Robins Kaplan LLP
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Westat Announces Data Breach Affecting Henry Ford Health and Other Healthcare Providers
In October and November of 2023, Westat, Inc. filed two data breach notices with the U.S. Department of Health and Human Services Office for Civil Rights following the company’s discovery that a vulnerability within MOVEit enabled hackers to access confidential information in the company’s possession. In other notices submitted by Westat, the company explains that…
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MESVision Experiences Data Breach Stemming from MOVEit Software Vulnerability
On November 14, 2023, Medical Eye Services, Inc. (“MESVision”) filed a notice of data breach with the Attorney General of Maine after discovering that MOVEit, a software program used by MESVision, contained a critical vulnerability that gave hackers access to confidential data in the company’s possession. In this notice, MESVision explains that the incident resulted…
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Otsego Memorial Hospital Experiences Cyber Incident, Raising Data Breach Concerns Among Patients
Recently, Otsego Memorial Hospital reportedly experienced a security breach requiring the hospital to temporarily shut down its computer systems. While Otsego Memorial Hospital and its parent company, Munson Health, have yet to confirm that any patient data was leaked, some patients have expressed concerns about a possible Otsego Memorial Hospital data breach….By: Console and Associates,…
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Ransomware Group Takes Credit for Homeland, Inc. Cyberattack and Data Breach
On November 13, 2023, Homeland, Inc. was added to the “victim list” of a ransomware group, raising concerns that the company may have experienced a data breach. According to the ransomware group, they were able to obtain confidential consumer information from Homeland’s computer network, including consumers’ names, Social Security numbers, phone numbers and more….By: Console…
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Falling From a Scaffold in New York Can Be a Triable Issue of Fact Under Labor Law § 240
Arizaga v. Lex Gardens II TP4 Hous. Dev. Fund Co., Inc., 78 Misc. 3d 1216(A), 185 N.Y.S.3d 646 (N.Y. Sup. Ct. 2023) – The plaintiff, a carpenter, was performing work on a scaffold when the planks of the scaffold lifted up, causing him to lose his balance and fall off of the scaffold. The plaintiff…