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From Bush v. Gore to ‘Stop the Steal’: Kenneth Chesebro’s Long, Strange Trip
Mr. Chesebro, a buttoned-down Harvard lawyer, evolved from left-leaning jurist to key player in the Trump false electors scandal. What happened?
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California Delete Act: An Aggressive New Approach to Regulating Data Brokers
On October 10, Governor Newsom signed the Delete Act ( SB 362) into law, which amends California’s current data broker law to impose extensive additional disclosure and registration requirements on data brokers, and to require them to support deletion requests through a central “deletion mechanism” developed and administered by the California Privacy Protection Agency (CPPA)….By:…
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ACTION REQUIRED TO AVOID FINES! DEADLINE APPROACHING: Florida Pharmacy Benefit Managers Must Be Licensed as a Third-Party Administrator by January 1, 2024
Pharmacy Benefit Managers (PBMs) take note! Under Florida’s new Prescription Drug Reform Act, PBMs must be licensed as an insurance administrator (also known as a third-party administrator, or TPA). Under this new law, any entity that wishes to provide PBM services after January 1, 2024, must be licensed as a TPA….By: Akerman LLP – Health…
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CFPB Warns of Dangers Related to Nonbanks Managing Payments and Issuing Stablecoins Outside of the Banking System
On October 6, 2023, Rohit Chopra, the Director of the Consumer Financial Protection Bureau (“CFPB”), gave a speech at the Brookings Institute’s “Payments in a Digital Century” event. In his prepared remarks, Chopra frankly addressed concerns regarding technology companies and other nonbanks getting involved in the creation and issuance of stablecoins and blurring “the lines…
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Negotiating a Software Escrow Agreement: Key Terms and Release Conditions
With third-party technology playing an increasingly critical role in business operations, it’s essential to safeguard your company’s critical software applications from potential disruptions….By: NCC Group
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California Enacts Digital Financial Assets Law
On October 13, California Governor Gavin Newsom signed into law Assembly Bill 39 (AB 39), establishing a Digital Financial Assets Law (DFAL) set to go into effect July 1, 2025. Whereas previously the California Department of Financial Protection and Innovation (DFPI) declined to extend its money transmission statute to apply to digital asset activities, the…
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Trust Benefit Technologies Announces Data Breach Impacting an Unknown Number of Social Security Numbers
On October 19, 2023, Trust Benefit Technologies, LLC filed a notice of data breach with the Attorney General of California after discovering that an unauthorized party was able to access portions of the company’s computer system. In this notice, TBT explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive…
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PennyMac Files Notice of Data Breach That Leaked Thousands of SSNs
On October 19, 2023, PennyMac Loan Services LLC filed a notice of data breach with the Attorney General of Texas after discovering that unauthorized actors were able to access information that had been entrusted to the company. In this notice, PennyMac explains that the incident resulted in an unauthorized party being able to access consumers’…
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Israel-Hamas War: Hamas Releases 2 American Hostages
A 59-year-old woman and her teenage daughter, dual citizens from Illinois, were being reunited with family members on an Israeli military base, Israeli officials said. The two were kidnapped on Oct. 7, along with roughly 200 other people.
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A Small Country Far From Ukraine Is Sending Hundreds toWar, on Both Sides
Scores of young Nepali men have gone to fight, some lured by Russia’s promise of work, others to fight for Ukraine, raising the prospect of Nepalis fighting one another in a distant war.
