Blog

Overlapping Time Periods in Contracts

Clients typically have a general understanding of what steps have to happen in what order in a deal. Sometimes, though, when that general understanding gets translated into specific words, things don’t always match up. Recently, the folks handling a $1.3 billion loan transaction for Chesapeake Energy ended up with words that didn’t match their expectations.…
Read more

What is a Phantom Equity Grant?

A phantom grant is a contract right to receive a percentage of the sale proceeds upon the sale of the company. It tracks the value of the equity of the company, but is not equity. It does give them the “full value” of the company, unless drafted in a manner to exclude it.  The upside…
Read more

Personal Information and Privacy Protection Act – New Jersey State

Personal Information and Privacy Protection Act - New Jersey State On September 15, 2016, the New Jersey Senate unanimously approved a bill that restricts the collection and use of personal information by retailers for certain purposes.  The bill is known as the “Personal Information and Privacy Protection Act.”  [https://legiscan.com/NJ/text/S1913/id/1419389/New_Jersey-2016-S1913-Amended.html]   The law provides that a retailer…
Read more

Data Privacy Attorney Michael J. Feldman Interviewed By Law360 Regarding FTC Enforcement

The “Internet of Things” is rapidly expanding, and most households have at least one physical object which automatically collects and exchanges data wirelessly. Manufacturers of smart devices need to ensure that security vulnerabilities and privacy concerns are rapidly addressed in order to escape the scrutiny of the Federal Trade Commission. Law360 interviewed privacy experts, including our…
Read more