Under the Security and Exchange Commission’s (SEC) new cybersecurity disclosure regulations, public companies will be required to file an “Item 1.05 Material Cybersecurity Incidents” Form 8-K to report any material “cybersecurity incidents,” which are defined as “an unauthorized occurrence, or a series of related unauthorized occurrences, on or conducted through a information systems that jeopardizes the confidentiality, integrity or availability of a information systems or any information residing therein.” Accordingly, the SEC’s broad definition of a “cybersecurity incident” may...

Read more

Cushman & Wakefield (NYSE: CWK), a leading global commercial real estate services firm, proudly announces that it received a score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. “Cushman & Wakefield is proud to receive the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion. Being recognized for this award is a testament to our commitment to diversity, equity...

Read more

On November 29, 2023, a Ninth Circuit panel affirmed the lower court’s decision in Briskin v. Shopify, limiting the court’s jurisdictional reach against e-commerce platforms alleged to have violated privacy and unfair competition laws. In a case of first impression, the court was asked to decide whether defendant Shopify’s data collection and tracking practices exposed it to personal jurisdiction in California. The court decisively held that “hen a company operates a nationally available e-commerce payment platform and is indifferent to the...

Read more

In November, $79.2 million across 10 loans were resolved with $36.4 million in losses total, carrying an average loss severity of 45.92% for the month. This was a decrease in loan loss volume from October where losses totaled $155.6 million. The 12-month average disposed balance moved to $194.0, down from the $209.3 million that was seen last month, while the 12-month moving average loss severity stood at 53.99% in November, slightly up from the 53.21% seen in the prior month. This...

Read more

In 2004, Alberta's Transmission Regulation established the framework for the planning and development of Alberta’s electricity transmission infrastructure. Its intent was to attract new generation, increase competition and serve expected increases in load. The regulation has remained largely unchanged since 2004. Meanwhile, the electricity system has experienced significant changes—in part due to the dramatic increase in the amount of intermittent renewable power generation facilities connecting to the grid. As a result, Alberta has embarked on a consultation process to modernize the...

Read more

EU co-legislators reach agreement on gas market reform This week, Members of the European Parliament and the Spanish Presidency of the Council of the EU reached a provisional deal on the ongoing reform of the EU’s gas market. The main objectives of the new reform are to address climate change and energy security. It aims to help decarbonise the EU by supporting increasing renewable gas and hydrogen production and integrating them into the EU's energy networks. It will also help secure the energy...

Read more