Tuesday, February 7, 2012

Social Media Risk, Mitigation Guidance Issued for Financial Services Industry

Financial sector companies must pay attention to a wide variety of legal compliance and risk issues related to the use of social networking, BITS, the technology policy division of The Financial Services Roundtable, cautioned in its “Social Media Risks and Mitigation”guidance issued July 11…

BNA INSIGHTS: Mind the Gap: U.S. Discovery Demands versus EU Data Protection

The rising tide of globalization has meant that, more frequently than ever before, multinational corporations must navigate between U.S. litigation discovery demands seeking the production of documents and information located in the European Union and EU data protection requirements. The authors examine the arguments available in U.S. litigation for resolving conflicting laws, and suggest what they describe as a practical approach that lawyers and business people can take to try to navigate through the rocky shoals of U.S. discovery obligations (the proverbial “rock”) and EU data protection authorities (the proverbial “hard place”). Notwithstanding conflicting obligations, there are means today to navigate this legal morass, according to the authors, who suggest a way forward.

BNA INSIGHTS: The Need for the Legal Department to Get Schooled on Technology

Results of a recent survey of corporate counsel and IT in the United States reveal that corporate lawyers remain alarmingly ill-informed about steps necessary to protect organizations from rapidly escalating risk and cost in preparing for and responding to requests for electronically stored information (ESI)…

BNA INSIGHTS: Preparing for the Perfect Storm: What Every Foreign Corrupt Practices Act Lawyer Should Know about Electronic Discovery

Whether a company is conducting an internal Foreign Corrupt Practices Act (FCPA) 1 investigation or handling contentious FCPA litigation against the U.S. Securities and Exchange Commission (SEC) and/or the U.S. Department of…

Google Sued over Collection of WiFi Data; Separate Court Issues Data Destruction Temporary Restraining Order

Google Inc. is facing mounting legal challenges after its recent admission that it collected location and content data from unsecured wireless computer networks while taking digital photographs for…

ANALYSIS: Electronic Discovery Issues in Business Downsizings and Closings

It’s no secret that we are in the midst of the worst economic downturn since the Great Depression. The economy is stagnant, the stock market is unstable, and…