Authored by Guillermo C. Artiles Cannabis and cryptocurrency have the potential to become two of the most innovative and lucrative industries in American and international markets. While the two may be quite different substantively, the collaboration of these burgeoning industries may further Continue Reading
Mortgage Acceleration and Statute of Limitations Developments in the Second Department
Authored by Adam M. Swanson and Jessie D. Bonaros In Bank of New York Mellon v. Dieudonne 2019 WL 1141973 (2d Dept. 2019), the Second Department determined that a mortgage is accelerated by the filing of a complaint to foreclose the mortgage with an election to accelerate. This is true even Continue Reading
Requests for Proposal and Alternative Fee Arrangements as an Effective Tool for Evaluating and Selecting Outside Counsel
Penelope Taylor co-authored a chapter in the ABA’s Guide for In-House Counsel: Practical Resource to Cutting-Edge Issues. The chapter entitled “Requests for Proposal and Alternative Fee Arrangements as an Effective Tool for Evaluating and Selecting Outside Counsel” examines how in-house counsel can Continue Reading
Supply Chain Logistics: New Ways of Doing Old Things
A trained logistician, McCarter partner Ron Leibman has extensive experience in the supply chain management and logistics fields and predicts major growth in supply chain law with the industry’s rush to emerging, data-driven technologies. “The acceptance of cryptocurrency and Uber-type Continue Reading
The “Coded Gaze” of Facial Recognition Technology, Discrimination Lawsuits and Your Insurance Program
By J. Wylie Donald A coded gaze is a coded gaze is a coded gaze. With apologies to Gertrude Stein—see, e.g., rose is a rose, etc.—she never bought insurance for artificial intelligence applications. Specifically, she never had to concern herself with claims of racial discrimination arising Continue Reading
New Year, New Rules—Changes Are Coming to the FAR’s Small Business Subcontracting Limits and Nonmanufacturer Rule
On Dec. 4, 2018, the Federal Acquisition Regulatory Council finally released a proposed rule to implement changes to certain small business subcontracting regulations required by the 2013 National Defense Authorization Act (NDAA). 83 Fed. Reg. 62540 (Dec. 4, 2018). This is a welcome, if not Continue Reading
Drafters, Nota Bene: A Review of Recent Changes in New Jersey Corporate Law with Drafting Implications
In 2018, the New Jersey State Legislature enacted significant changes to corporate law that, in the aggregate, mirror Delaware corporate law in relevant areas and were intended to make New Jersey a more competitive, business-friendly landscape. In 2019, we can expect to see the effects of those Continue Reading
Understanding Mortgage Acceleration and Its Statute of Limitations Implications
A year ago, pending in New York were nearly 26,000 legacy foreclosures—foreclosures arising from mortgages originated between 2004 and 2008. Many of these mortgages went into default shortly after origination, which was common among toxic mortgages from that period. Legacy foreclosures are Continue Reading
Beyond Bitcoin—Will Blockchain and Smart Contracts Self-Execute Their Way Into the Utility Industry?
Blockchain is being touted as a game changing development—a disrupter or innovator (depending on your view) that will transform how industries conduct business. One thing is clear, what started as the foundation for Bitcoin has evolved well beyond cryptocurrency into a process that has the Continue Reading
The U.S. Government Is Asking Industry to Help Identify ‘Emerging Technologies’
In a highly unusual move, the federal Bureau of Industry and Security is asking U.S. industry to help identify emerging technologies that are essential to national security but currently escape the tangle of laws and regulations that govern — and in some cases restrict or prohibit — the sale or Continue Reading