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  • Using the American Arbitration Association for ADR

    Enrico Schaefer - June 26, 2020 - Alternative Dispute Resolution, Complex Litigation

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    The American Arbitration Association ("AAA") is a not-for-profit organization that provides arbitration and mediation services for organizations and individuals that wish to resolve disputes out of court, as well as other services to businesses that require an impartial third party to resolve challenges that cannot be solved within the company. The AAA and Alternative Dispute Resolution ("ADR") ...

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  • Are Subdomains Actionable Under ACPA?

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    The world of domain names is ever-evolving with new generic top-level domains ("gTLD's") added to ICANN's New gTLD Program regularly. Part of Traverse Legal's brand protection and trademark monitoring efforts includes investigating the usage of various domain names that are registered containing our client's trademarks. Through our review, we are able to determine whether a domain name's use of th...

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  • Who’s Who in a Venture Capital Fund

    Brian Hall - June 16, 2020 - Business Law, Venture Capital

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    The road to success for a startup company will, almost of necessity, run through a Venture Capital (VC) fund. What we’ve collected here are the typical roles in a simple VC Fund and the functions each plays. Funds vs. Firms The first division to be aware of is the difference between a VC Firm and its various Funds. A VC Firm is a business on its own, typically a Limited Liability Company (LL...

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  • EU-US Privacy Shield; Safe Harbor; & GDPR

    Mallory King - June 02, 2020 - GDPR Data Privacy, Internet Law, Privacy

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    In 1998, the European Commission’s Directive on Data Protection began prohibiting the transfer of personal data from European Union countries to other countries that are not labeled as adequate under the EU standard for privacy protection. As this requirement could cause significant hurdles to international transactions between the US and the EU, including the creation and approval of US governmen...

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  • Series LLCs Explained

    Brian Hall - June 01, 2020 - Business Law, Entity Formation

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    The Series LLC is a newer type of business entity, originally established to enable centralized management of investment portfolios with different risk profiles. It has since been adopted by other industries and expanded beyond its state of origin, Delaware.  What is a Series LLC? A Series LLC is a special type of LLC that affords additional protection to its assets and investors. The Series...

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  • U.S. Depart of Justice Case againsst Coingather Is Now In Forfeiture Phase.

    Enrico Schaefer - May 28, 2020 - Complex Litigation

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    The United States Department of Justice filed an action in the United States District Court for the Eastern District of Michigan requesting the court order forfeiture of any and all cryptocurrency or other digital assets contained in virtual currency wallets residing on the Dell PowerEdge Server, serial number JNFHSW1, previously controlled by the unlicensed cryptocurrency exchange Coingather. ...

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  • Data Security & Available Resources

    Mallory King - May 18, 2020 - Internet Law, Privacy

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    More and more often, small companies have no choice but to operate in the digital space of the internet. This poses security issues not only for your own information that exists online, but also for the personal information that your customers entrust to you in their online interactions. You are responsible for the customer data that you collect through the internet, and there are unique vulnerabili...

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  • “Willfulness” Not Required For Trademark Damages

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    Under the Lanham Act, there are a few different avenues you can take to enforce your trademark rights through litigation. Section 1125(a) creates a cause of action for trademark infringement, while Section 1125(c) creates a cause of action for trademark dilution. The damages (monetary compensation) that can be collected by plaintiffs through these causes of action are governed by the same section o...

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