"We’re currently seeing a lot of follow-on investments into AI. For example, sponsors are making incremental investments into portfolio companies or using portco balance sheet cash and/or stock to finance acquisitions of...more
9/5/2024
/ Acquisitions ,
Artificial Intelligence ,
Bias ,
Compliance ,
Cybersecurity ,
Due Diligence ,
Investment ,
Machine Learning ,
Mergers ,
Popular ,
Privacy Laws ,
Private Equity
"I expect to see an increased focus on GenAI-specific inquiries in the due diligence process and corresponding representations and warranties in purchase and merger agreements. Governing legal terms and conditions vary...more
12/8/2023
/ Acquisitions ,
Artificial Intelligence ,
Automation Systems ,
Bots ,
Copyright ,
Cybersecurity ,
Emerging Technology Companies ,
Infringement ,
Innovative Technology ,
Intellectual Property Protection ,
Machine Learning ,
Mergers ,
Patents ,
Telecommunications ,
Trade Secrets ,
Trademarks
While many types of AI have existed in some form for several years, the new generation of sophisticated AI solutions, especially generative AI (“GenAI”), has driven a rise in AI use cases, including tools to create and debug...more
7/3/2023
/ Artificial Intelligence ,
Bias ,
Blockchain ,
Confidentiality Policies ,
Data Privacy ,
Data Security ,
Infrastructure ,
Intellectual Property Protection ,
Investment ,
Machine Learning ,
Non-Fungible Tokens (NFTs) ,
SaaS
As use cases for NFTs evolve from digital collectibles to more functional assets, sellers need to be more mindful than ever of what they are selling. There are still intellectual property related risks for any content...more
"Be quick and nimble in this constantly changing environment. As with any new technology, the legal framework and general "rules of the road" are either still being developed or have not yet been considered by the appropriate...more
On July 5, 2022, cryptocurrency brokerage Voyager Digital filed for chapter 11 in the Southern District of New York Bankruptcy Court, citing a short-term “run on the bank” due to the “crypto winter” in the cryptocurrency...more
7/18/2022
/ Bankruptcy Code ,
Bankruptcy Court ,
Chapter 11 ,
Commercial Bankruptcy ,
Cryptoassets ,
Cryptocurrency ,
Financial Services Industry ,
Liquidation ,
Proposed Amendments ,
Reorganizations ,
Uniform Commercial Code (UCC)
Minters of collectible non-fungible tokens (NFTs) have taken a wide range of approaches. In addition to variations in the means of distribution, token standards, governing smart contracts and platforms on which initial sales...more
Before the onset of the COVID-19 pandemic, companies were already exploring the promise of blockchain to modernize certain aspects of their supply chains. Traditional supply chains can be inefficient, data intensive and...more
11/13/2020
/ Automation Systems ,
Blockchain ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Distributed Ledger Technology (DLT) ,
Government Agencies ,
Innovation ,
Medical Devices ,
Modernization ,
Popular ,
Smart Contracts ,
Supply Chain
Once purely theoretical, “majority” or “51%” attacks on public blockchains have dealt participants a reality check: The fundamental assumption of Satoshi Nakamoto’s 2008 Bitcoin whitepaper (that computing power will remain...more
2/13/2020
/ ASIC ,
Bitcoin ,
Blockchain ,
Cryptocurrency ,
Cybersecurity ,
Digital Assets ,
Ethereum ,
Hackers ,
Popular ,
Smart Contracts ,
Trading Platforms
The plot has thickened in the longest-running “whodunit” in the blockchain space: Who is Satoshi Nakamoto, the pseudonymous creator of Bitcoin and author of the white paper that started it all, Bitcoin: A Peer-to-Peer...more
Today, Ohio reportedly becomes the first US state to allow taxes to be paid in the form of bitcoin. Although the program, which is spearheaded by Ohio Treasurer Josh Mandel, will not be available to individual taxpayers until...more
Virtual worlds similar to the OASIS in Steven Spielberg’s upcoming film Ready Player One may be closer than we think – and provably scarce, blockchain-based digital assets could provide the leap forward that gets us there....more
3/29/2018
/ Blockchain ,
Connected Items ,
Digital Assets ,
DMCA ,
eSports ,
Initial Coin Offering (ICOs) ,
Smart Contracts ,
Technology Sector ,
Video Games ,
Virtual Currency ,
Virtual Reality
In its latest effort to combat scams in the initial coin offering (ICO) space, the SEC announced today that it has obtained a court order cutting off AriseBank’s ICO of “AriseCoin” tokens, appointing a receiver over AriseBank...more
The recent Parity wallet “freeze” provides yet another example of a coding vulnerability in a smart contract (rather than a flaw in the underlying blockchain or cryptography) resulting in an exploit that compromises...more
2/26/2018
/ Blockchain ,
Browsewrap Agreement ,
Clickwrap Agreements ,
Cryptocurrency ,
Cybersecurity ,
Distributed Ledger Technology (DLT) ,
Ethereum ,
Financial Institutions ,
Initial Coin Offering (ICOs) ,
Internet of Things ,
Popular ,
Smart Contracts ,
Software Developers ,
Strict Product Liability ,
Third-Party
How can a website operator lose the broad immunity for liability associated with user-generated content conferred by Section 230 of the Communications Decency Act (CDA)?
Section 230 has been consistently interpreted by...more
9/23/2013
A simple copyright notice (e.g., “© [Year of First Publication] [Owner]”) on a website can imply an assertion of ownership in individual elements of the website and constitute “copyright management information” under the...more
The U.S. Securities and Exchange Commission gave disclosures made through social media platforms such as Facebook and Twitter a conditional “thumbs up” in a Report of Investigation it released on April 2, 2013. Issuers of...more