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8th Circuit Upholds Data Breach Coverage for Bank Loss Following Hacker’s Fraudulent Transfer
  • Kelley Drye & Warren LLP
  • USA
  • May 26 2016

Last week, the Eighth Circuit upheld a lower court's ruling in State Bank of Bellingham v. BancInsure Inc., finding that a bank employee's negligence


Eighth Circuit Affirms Coverage for Fraudulent Wire Transfer Despite Employee Negligence
  • Orrick, Herrington & Sutcliffe LLP
  • USA
  • May 26 2016

The Eighth Circuit’s decision last Friday in State Bank of Bellingham v. BancInsure, holding that computer systems fraud insurance indeed insures


Marketplace Lending Update: Recent Developments Place Pressure on Industry
  • White & Case LLP
  • USA
  • May 24 2016

Following a spate of heightened regulatory, enforcement and legislative scrutiny, investor concerns around industry practices, and bad press, the


President Obama Travels to the Asia Pacific Region; Senate Expected to Debate its NDAA Measure; House Committee to Mark-Up the Senate-Passed FY 2016 State Department Reauthorization Bill; Some Congressional Committees to Focus on the Iran Nuclear Deal
  • Squire Patton Boggs
  • USA
  • May 23 2016

President Barack Obama departed on Sunday for what will be his 10th trip to Asia, with scheduled stops in Vietnam and Japan. The U.S. International


7th Cir. Holds Data Breach Plaintiffs Alleged Enough for Article III Standing, but Ruling May Not Hold Up Under Spokeo
  • Maurice Wutscher LLP
  • USA
  • May 23 2016

Reversing the trial court's ruling dismissing the action for lack of standing, the U.S. Court of Appeals for the Seventh Circuit recently held that


On Standing, Supreme Court Takes A Seat
  • Steptoe & Johnson LLP
  • USA
  • May 21 2016

The U.S. Supreme Court issued its much-awaited decision in Spokeo, Inc. v. Robins, which was expected to resolve whether plaintiffs can establish


Financial Institutions Can Proceed In Home Depot Data Breach Action
  • Steptoe & Johnson LLP
  • USA
  • May 21 2016

The U.S. District Court for the Northern District of Georgia ruled that financial institutions may continue their suit against Home Depot related to


Financial Services Regulation exchange - issue 29 - May 2016 - European Union
  • DLA Piper LLP
  • Australia, United Kingdom, USA
  • May 19 2016

On 7 April 2016, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) announced that it had voted in favour of the European


Financial Services Regulation exchange - issue 29 - May 2016 - United Kingdom
  • DLA Piper LLP
  • Australia, United Kingdom, USA
  • May 19 2016

On 2 March 2016, the FCA published a consultation paper (CP167: Payment Accounts Regulations 2015 - draft Handbook changes and draft guidance) with


Advertising Litigation Report: Vol. 1 No. 2
  • Kramer Levin Naftalis & Frankel LLP
  • USA
  • May 16 2016

The Lanham Act allows a court to award attorney's fees to a prevailing party “in exceptional cases.” 15 U.S.C. 1117(a). Until recently, the Fifth