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The EMV (Chip/Pin) Liability Shift is Here

The EMV (Chip/Pin) Liability Shift is Here

As of October 1, 2015, retailers that have not implemented Point of Sale (“POS”) payment terminals that support EMV- or Chip/Pin-enabled cards with embedded chip technology over the traditional magnetic stripe cards, face a shift in liability for fraud charges assessed by the payment card industry (“PCI”). The EMV- (EuroPay, ... Read More »

The Legal Pitfalls of Interviewing: Make Sure Your Company is Compliant

The Legal Pitfalls of Interviewing: Make Sure Your Company is Compliant

Finding great candidates for your business may be challenging, but the legal landmines associated with interviewing candidates can be truly hazardous. Compliance with state and federal laws during a company’s interview process is key to protecting a company, and any individual handling interviews should be educated on proper and legal ... Read More »

SEC Finally Adopts Federal Crowdfunding Rules: All That Glitters May Not Be Gold

SEC Finally Adopts Federal Crowdfunding Rules: All That Glitters May Not Be Gold

On October 30, 2015, the Securities and Exchange Commission (“SEC”), by a 3-1 vote, adopted the long-anticipated final rules permitting federal crowdfunding (“Title III Crowdfunding”), providing a potentially attractive capital raising vehicle for small startup companies seeking investors via the Internet. Although the rules will not become effective until sometime ... Read More »

New case law trend: the director of the company shall be liable for the damage suffered by the employee in the event when the company went bankrupt

New case law trend: the director of the company shall be liable for the damage suffered by the employee in the event when the company went bankrupt

The Supreme Court of the Republic of Lithuania developed interpretation of provisions of the Tort law providing more guarantees to the employee injured at work in case when company (the employer) went bankrupt and extended regulations of company director liability. The Supreme Court found that in case of indirect liability ... Read More »

Online retailers should not exclude the cession of claims for defects in general terms and conditions

Online retailers should not exclude the cession of claims for defects in general terms and conditions

Facts Two commercial internet traders were parties to a dispute upon which a decision was taken in October 2015 by OLG Hamm. The defendant company operates in such market sectors as commercial electrical and electronic equipment, coffee machines, refrigerators, and washing machines. It utilises general terms and conditions that include ... Read More »

Did the DMCA hinder researchers in discovering VW’s emissions defeat device?

Did the DMCA hinder researchers in discovering VW’s emissions defeat device?

By now, everyone has probably heard about the Volkswagen “emissions scandal” involving the company’s alleged use of software on its vehicles that evaded testing to pass emission standards. Amidst this, several articles and news organizations have speculated that copyright laws prevented researchers from discovering Volkswagen’s defeat device sooner.   The story ... Read More »

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