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Section 337 Gets a Makeover: Federal Circuit Expands Economic Domestic Industry Criteria

The U.S. Court of Appeals for the Federal Circuit (“Federal Circuit”) recently issued a landmark decision in Lashify, Inc. v. International Trade Commission, expanding what expenditures count to prove the economic prong of...more

V&E Quarterly Securities & ESG Updates - Fall 2024

The first half of 2024 was eventful in the world of environmental, social and governance (“ESG”). Although ESG continued to lose the market tailwinds that have pushed it forward in recent years, regulatory pressures both...more

Trademarks as Assets: Selecting or Changing a Mark in the United States

As part of our series on trademarks as critical assets for businesses, this article discusses the importance of selecting and clearing a new or altered trademark for use and registration in the United States. Trademark...more

Texas Biometrics Case Highlights Need for Consent: Meta Settles for $1.4 Billion

On July 30, 2024, Meta Platforms, Inc. (formerly known as Facebook, Inc.) agreed to pay $1.4 billion to the State of Texas to settle a lawsuit alleging that Meta unlawfully captured and used biometric identifiers of millions...more

The TDPSA: A New Sheriff in Town for Texas Data Controllers and Processors

The Texas Data Privacy and Security Act (“TDPSA” or the “Act”) came into effect on July 1, 2024. The TDPSA applies to any person who (i) conducts business in the state of Texas or produces a product or service consumed by...more

Trademarks as Assets: Protection in the United States

Trademarks serve as the cornerstone of brand identity, distinguishing the goods and services of one enterprise from those of another. Trademarks are not just legal tools: they are critical assets. They encapsulate the...more

Who’s to Blame: Texas Federal Court Finds Contractual Counterparty Not Liable for Third-Party Wire Transfer Fraud

The facts are an oft-told business email compromise horror story: a hacker interjects themselves into an email discussion of a business deal, changes the wire instructions to their own account, and disappears with the...more

Double-Edged Disclosure: Navigating 10-K Season with the SEC’s New Cybersecurity Disclosure Rules

Public companies are now required to comply with new cybersecurity disclosure requirements in their Annual Reports on Form 10-K for fiscal years ending on or after December 15, 2023. In preparing this cybersecurity...more

Agreement on the EU’s AI Act Sets the Stage for Comprehensive Regulations

On December 8, 2023, representatives of the European Council and the European Parliament reached a provisional agreement on the EU’s Artificial Intelligence Act (“AI Act”). Although the final text of the AI Act remains...more

Cyber(in)security: New York Levies Fine for Failure to Implement Written Policies

On November 27, 2023, the New York State Department of Financial Services (“DFS”) and First American Title Insurance Company (“First American”) entered into a consent order1 that resolved litigation over First American’s...more

White House Issues First-of-its-Kind Executive Order on AI

On October 30, 2023, President Biden issued an Executive Order (“Order”) that drastically increased the U.S. government’s engagement with artificial intelligence (“AI”). The sweeping Order touches on everything from bias in...more

Not-So-First State: Delaware Becomes Twelfth State to Enact Data Privacy Legislation

On September 12, 2023, Delaware governor John Carney signed the Delaware Personal Data Privacy Act (the “DPDPA” or the “Act”) into law. The DPDPA protects the privacy rights of consumers in Delaware and regulates the...more

Breaking New Ground: Understanding California’s Draft AI, Privacy, and Cybersecurity Regulations

In advance of its September 8, 2023 board meeting, the California Privacy Protection Agency (“CPPA”), the state’s privacy regulatory body, has unveiled draft regulations that could significantly impact cybersecurity...more

Resilience Reimagined: TSA Amends Critical Pipeline Security Directive

The Department of Homeland Security’s Transportation Security Administration (“TSA”) has issued an amended directive on pipeline security, SD-Pipeline-2021-02D (the “Directive”). The Directive is based on and supersedes the...more

Data Transfer Déjà Vu: European Commission Approves Another EU-U.S. Data Transfer Mechanism

On July 10, 2023, the European Commission (the “Commission”) adopted an adequacy decision for the EU-U.S. Data Privacy Framework (the “Framework”). The Framework provides companies that opt in with a legitimate means of...more

The Battle of the ‘Trons’: SCOTUS Nixes Extraterritorial Application of the Lanham Act

The Supreme Court of the United States recently considered whether portions of the Lanham Act that relate to trademark infringement can be applied to conduct that takes place outside the United States. Abitron Austria GmbH et...more

Mega Fine for Meta: $1.3 Billion Penalty Imposed for Data Privacy Violations

The European Union’s (“EU”) Data Protection Commission (the “Commission”) recently fined Meta Ireland $1.3 billion (or €1.2 billion) for improper data transfers from the European Economic Area (“EEA”) to the United States in...more

The Privacy Boot Scoot: Texas Adopts Comprehensive Data Privacy Legislation

Texas will soon join the growing list of states that have passed comprehensive data privacy legislation. House Bill 4, the Texas Data Privacy and Security Act (“TDPSA” or the “Act”), has a broad reach and will apply to all...more

The Pipeline to Cyber Resilience: Biden’s Blueprint for Secure Digital Infrastructure

After a rash of significant cybersecurity breaches and ransomware attacks affecting a wide set of industries, ranging from pipelines to technology companies, the Biden administration released its much-anticipated National...more

Missing Gold: Misappropriation by SPAC CFO Underscores Importance of Internal Controls

On February 22, 2023, the Securities and Exchange Commission (“SEC”) issued a cease-and-desist order (the “Order”) charging African Gold Acquisition Corp. (“African Gold”) with multiple violations of the Securities Exchange...more

Your New AI Coworker: How Working with AI Raises New Patent and Copyright Challenges

The machines aren’t coming for your job — they’re here to help. But when humans work with artificial intelligence (“AI”) assistance, who owns the final product? If a person uses an AI tool to invent, is that person the...more

Burgers and Biometrics: The Illinois Supreme Court Permits Up to $17 Billion in Damages for White Castle’s Privacy Violations

The Supreme Court of Illinois recently held that use of a fingerprint system by White Castle, Inc. (“White Castle”) to authenticate employees, without the consent of the employees, entailed multiple violations of the Illinois...more

Epic Fail: Fortnite Creator to Pay $520 Million FTC Settlement

Epic Games, Inc. (“Epic”) agreed to pay a combined $520 million in two “record-breaking settlements” on Monday. The settlements resolve alleged violations of both the Federal Trade Commission Act (the “FTC Act”) and the...more

Here Comes the Fashion (Cybersecurity) Police: New York Attorney General Imposes Penalty for Mishandling of Consumer Data Breach

On October 12, 2022, New York Attorney General Letitia James fined Zoetop Business Company, Ltd. (“Zoetop”), the owner of fast-fashion brands SHEIN and ROMWE, $1.9 million for mishandling a 2018 data breach and lying to the...more

More Regulations Coming Down the Tracks: TSA Issues New Security Directive for Enhanced Railroad Cybersecurity

On October 18, 2022, the Transportation Security Administration (“TSA”) issued its Security Directive 1580/82-2022-01 on Rail Cybersecurity Mitigation Actions and Testing (the “Railroad Directive”), regulating designated...more

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