Han Santos Privacy Round Up-February 2021

Han Santos Privacy Round Up-February 2021 by Nabil Abdalla Overview February heralded a slew of new federal and state-driven privacy and Data protection laws, as well as three key events that have implications on data breach protocols and social media privacy. Noteworthy Events Facebook’s $650M BIPA Settlement Class action settlement over violations of the Illinois’ Biometric Information Privacy Act The …

Filing a Provisional Application Does Not Give Away Your Trade Secret

By Elliott Chen

In many cases, companies debate between making use of trade secrets and making use of patents. The two intellectual property regimes have different characteristics. However, a common practice is to file a provisional patent to buy time for a company to make a decision.

2020 Legislative Review: Potential New Privacy Laws in Washington State

2020 Legislative Review: Potential New Privacy Laws in Washington State by Shelbi Hogenson The following is a brief summary of the proposed Washington Privacy Act and our expectations for 2021. The Washington Privacy Act was introduced earlier this year but failed to pass the legislature before session adjourned on March 12. Ever since the Cambridge Analytica events, privacy laws have …

Convertible Promissory Note Financing: Part II – Common Terms

Convertible Promissory Note Financing: Part II – Common Terms by Shamim Mohandessi In our first installment, we reviewed some of the use cases for issuing convertible notes and the two common formats of convertible notes. In this second installment, we review the six central terms frequently negotiated in the issuance of convertible notes between issuers and holders. Generally, issuers negotiate: …

Convertible Promissory Note Financing: Part I – Introduction

Convertible Promissory Note Financing: Part I – Introduction by Shamim Mohandessi This series explores the convertible promissory note (referred to in this article series as a “convertible note”). A convertible note is an instrument frequently used by startup companies to: (1) finance early growth activities, before the formation of capital through the offering of priced equity, or (2) bridge financing, …