Archive for May, 2010

Draft legislation introduced to streamline online privacy policy requirements.

Thursday, May 13th, 2010

Up until recently, it is not very clear as to whether websites are required, by default, to have privacy policies posted on their sites. Only California and a few industry or data-specific laws require a company to have privacy policies. However, in light of the ever increasing popularity of using the Internet as the means of conducting business and social activities, a draft legislation was introduced on May 4, 2010 by Congressmen Rick Boucher (D-VA) and Cliff Stearns (R-FL) to make it a federal statutory requirement to have an online privacy policy.  Under the legislation, websites that collect data (which applies to most websites) will be required to, among others, provide consumers a right to opt-out of certain collection, use and disclosure of certain information, obtain affirmative consent under certain circumstances, and implement certain safeguards to the protection of such information. For a more detailed discussion of the legislation, please visit the link below or contact Julia Cheng, Esq. at Di Santo LLP.

www.boucher.house.gov/index.php?option=com_content&view=article&id=1957

Federal Health Care Regulations Create Mandates and Provide Incentives for Businesses

Wednesday, May 12th, 2010

Earlier this spring, the U.S. legislature passed the federal health care reform bill.  The immediate result of this new law will be to create several new areas of regulation that will affect the way both small and large businesses purchase and provide health insurance for their employees.  Understanding and effectively navigating the regulatory framework will be essential for business owners and executives to avoid costly fines and penalties from the government, to prevent civil claims by employees for their employers’ failure to comply with the new mandates, as well as to allow companies to take advantage of several new tax breaks and credits written into the law as incentives.  Depending on the size and pay scale of a company’s workforce, the impending requirements and potential exemptions differ vastly.  The attorneys at Di Santo LLP are well-qualified to help our clients establish new and/or update existing employee benefit plans in order to timely comply with the new directives of the health care reform law.

Di Santo LLP represents high-end international fashion company in Madison Avenue store lease

Wednesday, May 12th, 2010

Di Santo LLP partners Julia Cheng (corporate) and Christian Bruno (real estate) represent an upscale international fashion company in its corporate matters and long-term commercial retail lease negotiations for its Madison Avenue flagship store.

Beth A. Di Santo leads Webinar on REIT Restructurings & Recapitalizations in 2010

Monday, May 10th, 2010

On Thursday, May 13, 2010 at 2:00PM (EDT), Beth A. Di Santo will lead a webinar on REIT Restructurings & Recapitalizations in 2010.  For more information, please visit http://execsense.com/details.asp?id=1163 or e-mail info@disantolaw.com.  The webinar will include discussions regarding trends in REIT equity and debt offerings, commercial real estate and CMBS loan restructurings and predictions for REIT growth in 2010 and beyond.

Julia Cheng invited by Cardozo School of Law’s Cyberlaw Society to speak on career paths in cyberlaw.

Saturday, May 1st, 2010

www.cardozo.yu.edu/MemberContentDisplay.aspx?ccmd=ContentDisplay&ucmd=UserDisplay&userid=10446&contentid=15726&folderid=406

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