Business Bulletin

  • About 18 months ago, we told you of what we hoped would be a significant obstacle to merger-objections suits and perhaps lead to a downturn in securities litigation overall, when the Delaware Chancery Court made it clear that plaintiffs should no longer expect the Court to approve disclosure-only settlements.  
  •  Although D&O insurance is important for protecting directors’ and officers’ personal assets, it is often an individual insured’s last line of defense.  To read more, click on the Business Bulletin.
  •  Although system intrusions from external hackers (foreign governments, hacktivist entities, lone wolves, etc) grab most of the headlines, it remains an underpublicized fact that one of the most common causes of data breaches is actually from an internal exposure – the rogue employee.  To read the entire bulletin, click on the document.
  •  In an alert to businesses last month, the FBI indicated that business email scams have accounted for $2.3 billion in losses since 2013 and such scams more than tripled in this past year alone.  To read more click on the Business Bulletin.
  • Data Protection in the EU has been a hot topic lately, not only because of the discussions taking place to finalize the EU General Data Protection Regulation (EU GDPR), but also because of the on-going re-negotiations of the EU-US Safe Harbor provisions, which the European Court of Justice recently ruled as being invalid.   To read more, click on the Business Bulletin.
  •  As further evidence that the tone toward individual accountability set by the Yates memorandum (which we wrote about last Fall) continues to be applied by the Department of Justice, two new settlements were announced last month which corporate executives and independent directors should review.   To read more, click on the Business Bulletin.
  • The Pennsylvania Department of General Services has announced the online availability of the State Construction Notices Directory, an interactive and searchable repository as required by changes made to the Mechanics’ Lien law of 1963 per Act 142 of 2014 (49 P.S. §§ 1501.1 – 1501.6). To find out more, click on the Business Bulletin.

610-727-5300

Simkiss & Block

2 Paoli Office Park
P.O. Box 1787
Paoli, PA 19301-0826

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