Decoding the General Data Protection Regulation (GDPR)
What is it? On May 25th, 2018, a new law concerning privacy and data protection will come into effect in the European Union. The Guardian calls it the “biggest personal data shake-up since 1995.” The GDPR updates the 1995 European Union Data Protection Directive to apply to the advances in technology that many consumers rely […]
Top Places to Locate a Vendor
Top Places to Locate a Vendor or Business Client. If you have recently started a business or are in the process of growing it, it is likely that you are looking for additional businesses and organizations in which to work with and from which to purchase goods. With over 300,000 wholesale distributors in the United […]
Options If Your Company has had a Trade Secret or Confidentiality Breached.
In the world of business today, protecting confidential information and trade secrets is an important part of conducting business. Business owners should be sure to have a detailed and carefully drafted agreement in place for all employees and vendors with whom their company conducts business. An agreement that will withstand legal scrutiny in litigation or […]
Understanding the Carriage of Goods by Sea Act (COGSA) and What it Means for Your Business.
The Carriage of Goods by Sea Act (COGSA) is American Legislation passed in 1936, yet is still used today. This act provided a way to enforce contracts under the international Hague Convention Rules. COGSA originally stated that all cargo ship owners are responsible for packages that are shipped; however, liability per package is limited […]
When Will the CISG Take Precedence Over the UCC?
The Uniform Commercial Code (UCC) and the United Nations Convention on the International Sale of Goods (CISG) have many similarities yet also contain many differences. If you are considering conducting business concerning the international sale of goods, it is important that you are aware of these differences prior to signing a contract. The UCC was […]
What Is the Technology Evolution Pilot Program and How Will It Benefit Your Trademark?
With technological advancement, comes the increased need for new rules and regulations regarding trademarks. On September 1, 2015, the United States Patent and Trademark Office (USTPO) began implementing a pilot program called The Technology Evolution Pilot Program. This program makes it possible for trademark owners to expand the trademark registrations of their goods and services. […]
A New Round of HIPAA Audits Coming in 2016: Is Your Company Prepared?
The more pervasive use of technology by healthcare institutions comes with the need for greater protection of personal information. This is especially true for institutions that directly handle the Healthcare information of the general public or have a branch of its organization that does so. In 2016, the Department of Health and Human Services (DHHS) […]
The Importance of Corporate Ethics: Learning from Accounting Problems at Toshiba
Toshiba has been doing damage control since April of 2015. This is when allegations that the company had been inflating its profits over a number of years first broke. Independent investigators concluded that Toshiba overstated its profits by $1.22 billion. The financial scandal of this 140 year old Japanese company, a pioneer in electronics and […]
