Last month, the California Legislature passed AB-1281, a bill that amends the California Consumer Privacy Act (“CCPA”) to extend two important CCPA exemptions beyond their current January 1, 2021 expiration date – employment-related information and personal information collected in the context of business-to-business (“B2B”) transactions. The employment-related exemption applies to (1) […]
Technology & Intellectual Property Update
OCC Fines Capital One and the Implications for Banks and Boards
On August 5, 2020, the Office of the Comptroller of the Currency (OCC) issued a record $80 MM USD civil penalty against Capital One for the cyber breach it suffered in 2019. Capital One suffered a breach when the information harvested from their server was posted on GitHub. Due to […]
What’s the knock on TikTok? And why the spat with WeChat?
The federal government recently threatened to ban several apps with ties to the Chinese government, and the State of Nebraska recently banned TikTok from all state devices such as phone, tablets, or computers. So what is the knock on TikTok? The TikTok application allows users to lip-sync with a song, […]
California Bill Proposes to Strengthen Consumer Protections; Create CFPB Like State Agency
The most recent version of California’s Budget Trailer proposal bill – a bill that follows a state’s annual budget for the purpose of amending policies to achieve the approved budget – included some notable potential changes for financial service providers in the state. Among other things, the Budget Trailer would […]
Supreme Court Rules on Willfulness and the Lanham Act
The Supreme Court decision in Romag Fasteners, Inc. v. Fossil, Inc., 140 S. Ct. 1492 (U.S., 2020) has been a decade in the making, arising out of a trademark infringement dispute between a popular international fashion accessory manufacturer (Fossil) and a Connecticut based family-owned business (Romag Fasteners). Fossil and Romag […]