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Media Industry Strikes Back at Online Infringement

insights July 18, 2011

This blog originally appeared on the Wiliam Galkin’s Law Blog. It’s no secret that piracy of music and movies over the Internet is rampant and costs industry billions of dollars annually. Most people involved in this activity are not hardened criminals, and if asked, will probably admit that it is a technical violation of the law,…

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Charge for Value not Time: Why Alternative Fee Arrangements Make Sense

insights Charge for Value not Time: Why Alternative Fee Arrangements Make Sense Michael Moradzadeh · July 18, 2011

A business is defined by what it sells. A fairly obvious proposition, one would think. Well, then, what is it that law firms sell? The obvious answer should be solutions to legal problems. But, too many law firms are not in the business of selling those services, they are oddly in the business of selling…

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Dodd-Frank 30 Day Countdown: Dodd-Frank is here

insights Dodd-Frank 30 Day Countdown: Dodd-Frank is here Robin Powers · July 16, 2011

July 16 has Arrived… And the world hasn’t ended. More importantly, the financial sector hasn’t gone into a state of meltdown.  While we will continue to watch as rules are debated, agency heads speak before Congress, and press releases are circulated, it is important to note that the implications of Dodd-Frank’s July 16 deadline had…

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The PROTECT IP Act Blacklists IP Infringing Websites: Do the Benefits Outweigh the Costs?

insights July 15, 2011

On May 12, 2011, Vermont Senator Patrick Leahy introduced the Preventing Real Online Threats to Economic Creativity and Theft of Intellectual Property Act of 2011 (PROTECT IP Act) to the Senate Judiciary Committee.  The bill is a revised version of the Combating Online Infringement and Counterfeits Act (COICA), which was unsuccessful a year ago. The…

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Dodd-Frank 30 Day Countdown: Day 1

insights Dodd-Frank 30 Day Countdown: Day 1 Robin Powers · July 15, 2011

Japan’s Financial Instruments and Exchange Law (FIEL) Japan’s corollary to Title VII of Dodd-Frank is the Financial Instruments and Exchange Law (FIEL), which went into effect in 2008.  While the laws are similar, they are by no means identical. The Japanese law remains silent on topics that Dodd-Frank addresses thoroughly. Most notable among these topics…

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Dodd-Frank 30 Day Countdown: Day 2

insights Dodd-Frank 30 Day Countdown: Day 2 Robin Powers · July 14, 2011

Swaps Experts Say Market Will Grow; Others Differ in Opinion As the swaps market braces for Dodd-Frank impact, firms and investors differ on the anticipated changes in the newly regulated market. Citigroup, Inc. recently released a white paper predicting that interest rate and credit default swaps will grow more than 10% by 2013 as trading…

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Dodd-Frank 30 Day Countdown: Day 3

insights Dodd-Frank 30 Day Countdown: Day 3 Robin Powers · July 13, 2011

ISDA Calls for Coordination Amongst Global Regulators The International Swaps and Derivatives Association (ISDA) recently announced their position that Global regulators need to first coordinate new rules for trade repositories before drafting more complex derivatives rules. The ISDA feels that G20 agreed upon reforms must be enacted prior to other rules so that there is…

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Dodd-Frank 30 Day Countdown: Day 4

insights Dodd-Frank 30 Day Countdown: Day 4 Robin Powers · July 12, 2011

CFTC Increases Policing Power under Dodd-Frank The Commodity Futures Trading Commission (CFTC) has finalized a set of five “anti-manipulation” rules with respect to Title VII of Dodd-Frank requirements. The CFTC voted unanimously to expand the government’s ability to police potential fraud and insider trading with respect to derivatives. The CFTC established that a regulator need…

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Dodd-Frank 30 Day Countdown: Day 5

insights Dodd-Frank 30 Day Countdown: Day 5 Robin Powers · July 11, 2011

Banks Ask for Margin Relief The largest U.S. banks via a joint letter on June 29, 2011 asked the Commodities Futures Trade Commission (CFTC) to remove the requirement that overseas swap transactions be subject to margin requirements, regardless of whether the swap counterparty is an affiliate of a U.S. organization. This follows on the coattails…

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Dodd-Frank 30 Day Countdown: Day 6

insights Dodd-Frank 30 Day Countdown: Day 6 Robin Powers · July 10, 2011

NYSE sees Growth in Derivatives in June Uncertainty reigns in the derivatives market as regulators on either side of the Atlantic debate upcoming risk managements regulations, but this has hardly slowed the growth of the industry. http://derivative-news.fincad.com/derivatives-news/nyse-sees-growth-in-derivatives-in-june-1274/

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