Technology & Intellectual Property Update

On July 10, 2024 federal bank regulators, Office of the Comptroller Currency (“OCC”) and the Federal Reserve Board (“FRB”), fined Citibank and its holding company, Citigroup (collectively “Citi”), a combined $135.6 million due to “insufficient progress” in addressing “longstanding deficiencies” related to data management, originally identified in 2020. This comes […]

Earlier this month, the Consumer Financial Protection Bureau (“CFPB”) issued a proposed rule that, if finalized, would impact the credit reports of millions of Americans. The proposed rule takes aim at unpaid medical bills that may appear on consumers’ credit reports and which, according to CFPB Director Rohit Chopra, are […]

As reported in a prior edition of the Technology & Intellectual Property Update, on April 17, 2024, Nebraska Governor Jim Pillen signed into law the Nebraska Data Privacy Act (the “Act”), which goes into effect on January 1, 2025.  In this edition, we look at the broad range of rights […]

Following its first patent related en banc decision since 2018, the Federal Circuit has overruled the longstanding obviousness standard used in assessing design patents, the Rosen-Durling test. At issue in the en banc hearing, appellants LKQ Corporation and Keystone Automotive Industries, Inc. (collectively “LKQ”) filed a petition asserting that U.S. […]

The threats from cybersecurity events and the possible liability for the disclosure of regulated, personal, sensitive, or contractually protected information has evolved over time.  The legal requirements to review and respond to threats or attacks have also changed significantly over the past ten years.  Cyber-threats companies presently face may not […]