In today’s edition of Daily Compliance News: • Major pipeline shut down by Cyber-attack. (WSJ) • Kentucky Derby winner fails post-race drug test. (NYT) • Cheat scandal at Dartmouth. (NYT) • Musk calls Dogecoin ‘a hustle’ on SNL and its shares tumble? (Bloomberg)...
Compliance programs are rapidly evolving. One of the key drivers of this transformation is the increased reliance on automated compliance functions that generate substantial data.
In today’s edition of Sunday Book Review: • The Field of Blood by Joann Freeman • Lincoln on the Verge by Ted Widmer • Jesse James by T.J. Stiles • Tasting Freedom by Daniel Biddle and Murray Dubin... By: Thomas Fox
A Louisiana federal district court has held that a claims-made-and-reported professional liability policy did not provide coverage for a claim first made and reported years after the policy expired. Sistrunk v. Haddox, 2021 WL 1723545 (W.D. La. Apr. 30, 2021)....
Introduction – what are SPACs? A Special Purpose Acquisition Company, or ‘SPAC,’ is a company created with cash only for the purpose of acquiring one or more businesses (the UK ‘blank-check company’ is very similar).
On May 5, 2021, another federal district court, this time for the Northern District of California, permitted the IRS to proceed with a John Doe summons very similar to the one served on Circle last month (the subject of a recent post).
The Supreme Court recently held that Section 13(b) of the Federal Trade Commission (FTC) Act does not authorize the FTC to seek, or a court to award, equitable monetary relief such as restitution or disgorgement....
On April 28, 2021, the FTC issued a business alert reminding corporate boards to make data security a priority and to advocate implementing a top-down approach to the issue.
