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News
In Brief
June 2019 • Vol 6 Issue 5
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On June 10th, Barton partners Bill Newman, Kenneth Rashbaum, and James Guadiana joined speakers Waqas Shahid (Ankura Consulting) and Caroline Berube (HJM Asia Law & Co.) in hosting a round-table discussion addressing the many inter-connected challenges of law, business processes, culture, and ethics that impact the flows of cross-border commerce. The discussion focused on strategies to help successfully facilitate cross-border trade, while covering ways to manage risk in doing so.
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As part of the June 11th Primerus Northeast Regional Meeting, Partner Scott Grubin moderated a discussion centered on the continuing evolution of diversity and inclusion in the legal industry. The discourse revolved around a variety of issues, ranging from the understated importance of continuing to make even the smallest efforts towards diversity and inclusion, to the challenges of bridging gaps and fostering understanding between attorneys of different generations and walks of life.
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Partner Kenneth Rashbaum was recently quoted in CyberScoop’s article “New York could soon pass its own GDPR-inspired data security law.” Ken offered his thoughts on the potential passing of a new bill widening the scope of data breach notification protocols: “If this [bill] passes, it will be one of the strictest laws in the country. I would be very surprised if anything here is not aggressively pursued. This one is going to be interesting.” Read the article in its entirety here.
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LEGAL NEWS: TRENDING TOPICS YOU SHOULD KNOW ABOUT
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The past several years have seen federal courts across the country ruling uniformly on the issue of litigation finance discovery. Barring the existence of exceptional circumstances, federal courts have been consistently rejecting parties’ motions to investigate the details of litigation financing agreements held between opposing parties and third-party funders with a vested interest in a case.
On Wednesday, June 5th, the U.S. Securities and Exchange Commission (SEC) approved its new Regulation Best Interest proposal amid concerns that the new regulation may lack the legal legs to stand on when it comes to effecting actual change in the financial industry. First introduced by the SEC last year, the now-passed proposal outlines new standards governing brokers’ ethical obligations to clients who rely on their recommendations regarding securities transactions.
As previously discussed in Barton’s past blogs, the question of whether an individual is an independent contractor of an organization or actually an employee is a subject that has been litigated ad infinitum over the past several years. Both courts and governmental agencies on the federal and state levels have wrestled with this issue and, depending on the state in which you operate or the agency you are before, the rulings can be completely divergent.
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