Member News

Member News

Member News

California Attorney General ‘Crowdsources’ Reporting of Privacy Policy Violations

This initiative by the Attorney General is effective immediately and is just the latest example of California’s effort to increase enforcement of laws aimed at protecting the privacy and data security of individual consumers. The California Office of the Attorney General (the Attorney General) launched a new online form on October 14 that consumers can use to report privacy policy violations. Citing the need to enhance transparency in the Internet of Things, as well as to fill privacy gaps caused...
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U.S. Sixth Circuit Holds that Customary Language in Amendment and Restatement Agreements May Extinguish Existing Security Interests via Novation

On August 23, 2016, the U.S. Court of Appeals for the Sixth Circuit held in the Chapter 7 bankruptcy case In re Fair Finance Company that an amendment and restatement of a loan and security agreement may have been a novation of the initial agreement and therefore extinguished the lender's existing security interest. As background, in 2002, the lenders and the debtor, Fair Finance Company, entered into a loan and security agreement (the "Original LSA") for a $22 million revolving...
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GDPR: The DPO, a mole inside your company?

The General Data Protection Regulation (“GDPR”) introduces a new important role in the data protection scheme: the so-called Data Protection Officer (“DPO”). The DPO will become indispensable for quite a lot of companies and will play an essential role in ensuring compliance with data protection law. Appointing a DPO is mandatory for entities acting as a data controller or data processor if (i) the processing is carried out by a public authority or body, except for courts acting in their...
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When Can An Employee Take Leave To Vote?

This fall, Americans have more than falling leaves and candy corn on their minds. While Election Day is November 8, 2016, many states have already begun the absentee and early voting process. And with the current contentious election cycle, voter turnout is likely to be high once again. As November 8 approaches, employees may request that their normal work hours be altered or reduced so that they can more easily get to the polls during the regular workday.1 To help prepare...
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Thinking Outside the Box

Ellen Israel is among New York’s most accomplished commercial real estate professionals, having executed transactions totaling more than 25 million square feet of salesand leasing on behalf of owners, investors, andtenants. Throughout a distinguished career, spanning more than three decades, Ellen has worked for some of the largest institutional and entrepreneurial real estate organizations, and brings a unique perspective from each side of a negotiating table. Currently, she is the managing director for JRT Realty Group—the nation’s largest certified woman-owned...
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The End of the Road for Hershey Medical Center’s Merger:

Parties Abandon Transaction After Third Circuit Rules That Hospital Merger Should Be Preliminarily Enjoined The decision serves as a reminder of the uphill battle that merging health care providers have faced since the FTC’s adoption of its current rigid market definition standard in 2007. The U.S. Court of Appeals for the Third Circuit recently reversed a district court decision that had denied the Federal Trade Commission’s (FTC’s) motion to preliminarily enjoin the merger of two Central Pennsylvania hospital systems.1 In light...
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Lincoln International represents Bridgepoint Development Capital in its sale of Beck & Pollitzer Limited to Graphite Capital Partners

This industrial services transaction represents Lincoln's 159th private equity transaction since 2015, as Lincoln International is one of the most active advisors to private equity globally LONDON – Lincoln International (“Lincoln”), a leading global mid-market investment bank, is delighted to have represented the shareholders of Beck & Pollitzer Limited ("Beck & Pollitzer" or the "Company") in its transaction with Graphite Capital Partners ("Graphite"). Beck & Pollitzer is a leading provider of highly technical, specialist machine installation, relocation and maintenance services. It...
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Ocean freight shippers need to think short term

Ocean freight rates on major trade lanes have declined to historical lows and are struggling to rebound from persistent overcapacity. After years of low revenue, carriers are now struggling, causing cost-cutting measures that have reduced their reliability. In that environment, savvy shippers (manufacturers and retailers) may not be able to operate as they have in the past, with long lead times and annual request-for-proposal (RFP) processes. Instead, they will have to become far more flexible in procuring freight volume, relying...

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