Data Issues in Corporate Transactions

$195.00

Live Broadcast on October 12, 2017

This course highlights the potential data ownership and transfer issues that may come up during a corporate acquisition. Data is no longer just an issue for technology companies. Almost ever company has data issues, whether it's the protection of employee data, ownership rights of consumer data, transferability and cross border issues, and how to handle a post-merger integration of data. This class helps you identify what types of data may be in play, how to manage the data prior to the acquisition, and what to do post-closing.

Key topics to be discussed:

•   General overview of the types of corporate acquisitions and process to complete a transaction
•   Types and classifications of data impacted in a transaction and potential transfer issues
•   Pre-acquisition considerations for entity selling business or assets
•   Pre-acquisition considerations for entity buying business or assets
•   Evaluating existing liabilities
•   Contractual Protections in a purchase agreement
•   Closing and Post-Closing Considerations

Date / Time: October 12, 2017

•  10:00 am – 12:00 pm Eastern
•  9:00 am – 11:00 am Central
•  8:00 am – 10:00 am Mountain
•  7:00 am – 9:00 am Pacific

Choose a format:

•  Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
•  On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 7 business days after the original recording date and are view-able for up to one year.

Clear

Live Broadcast on October 12, 2017

Alia Luria, Esq. works with companies ranging from newly formed starters to publicly traded corporations and provides transactional legal representation ranging from corporate transactions to matters of data law. As a former software engineer with experience in web-based application development spanning a number of industries, including the telecommunications, entertainment, and business-to-business services, she routinely advises clients on information security, privacy, information governance, intellectual property licensing, technology contracting, corporate transactions, software and data asset transfers, social media, and Internet-related matters.

As a founding member of the Data Law Practice at an Am Law 100 law firm, Alia was the co-architect of a privacy-related legal expert system designed to advise clients of their reporting obligations in the wake of a data breach. The system captured the legal reasoning of Alia and her colleagues and encapsulated it into a web-based interface assistant. This web application was developed in partnership with research partner Thompson Reuters and software company Neota Logic and was shortlisted for the Financial Times Innovative Lawyers Award in the Collaboration in Innovation category.

Alia is also an award-winning science fiction / fantasy author and has represented other authors in the negotiation of their publishing contracts.

CLE Accreditation:
mylawCLE seeks approval in all states.

CLE 2.00 – AK
CLE 2.00 – AL
CLE 2.00 – AR
CLE 2.00 – AZ
CLE 2.00 – CA
CLE 2.40 – CO
CLE 2.00 – DE
CLE 2.40 – FL
CLE 2.00 – GA
CLE 2.00 – HI

CLE 2.00 – IA
CLE 2.00 – ID
CLE 2.00 – IL
CLE 2.00 – IN
CLE 2.00 – KS
CLE 2.00 – KY
CLE 2.00 – LA
CLE 2.00 – ME
CLE 2.00 – MN
CLE 2.40 – MO

CLE 2.00 – MP
CLE 2.00 – MS
CLE 2.00 – MT
CLE 2.00 – NC
CLE 2.00 – ND
CLE 2.00 – NE
CLE 2.00 – NH
CLE 2.40 – NJ
CLE 2.00 – NM
CLE 2.00 – NV

CLE 2.40 – NY
CLE 2.00 – OH
CLE 2.40 – OK
CLE 2.00 – OR
CLE 2.00 – PA
CLE 2.00 – PR
CLE 2.40 – RI
CLE 2.00 – SC
CLE 2.00 – TN
CLE 2.00 – TX

CLE 2.00 – UT
CLE N/A – VA
CLE 2.40 – VI
CLE 2.00 – VT
CLE 2.00 – WA
CLE 2.40 – WI
CLE 2.40 – WV
CLE 2.00 – WY

Accreditation Policy
myLawCLE will seek credit where attending attorneys are primarily licensed for all of its live webinars and live teleconferences, except in states which allow for reciprocity (see reciprocity section below). Credit for CLE in a self-study format is sought for in most states; however, some states do not allow for CLE credit to be earned in a self-study format (see the self-study section below). Many states typically decide whether a program qualifies for MCLE credit in their jurisdiction 4-8 weeks after the program application is submitted. For many live events, credit approval is not received prior to the program. Credit hours granted are subject to approval from each state.

Reciprocity
Additionally, some states allow for credit to be granted on a 1:1 reciprocal basis for courses approved in another mandatory CLE jurisdiction state. This is known as a reciprocity provision and includes the following states: AK, AR, CO, FL, ME, MT, ND, NH, NJ, NY, PR, and SD. myLawCLE does not seek direct accreditation of live webinars or teleconferences in these states.

On-demand CLE
myLawCLE will seek on-demand approval in all states except Virginia and Arkansas (outside reciprocal provisions stated above).


myLawCLE Credit Guarantee
myLawCLE offers a program and credit approval guarantee. If a registered attendee is unhappy with a CLE program they have attended, myLawCLE will offer that attended access to another complimentary CLE or a full refund in order to insure the attendee’s satisfaction.

Additionally, on all online CLE programs application for approval will be made in all states where attending attorneys are primarily licensed in. If a registered attorney does not receive credit from their state for any reason, a full refund will be granted.

Section I. Introduction and background of Alia Luria

Section II. General overview of the types of corporate acquisitions and process to complete a transaction
a) Asset purchase
b) Stock purchase
c) Merger
d) Liability and transferability considerations with each

Section III. Types and classifications of data impacted in a transaction and potential transfer issues
a) Customer / consumer data
b) Employee data
c) User data (if business to business)
d) Highly regulated data (health care information, financial information, etc).
e) Where is data stored? International considerations

Section IV. Pre-acquisition considerations for entity selling business or assets
a) Do you have the right to transfer all of the data a buyer would be interested in? This may determine what kind of acquisition opportunities you entertain
b) Is any of your data redundant, outdated, or trivial (ROT)?
c) Where is data located and who is the custodian?

Section V. Pre-acquisition considerations for entity buying business or assets
a) Does the target organization have the right to transfer the data that you need to you?
b) How much of the data is ROT? Don’t want to buy liabilities.
c) Will you be able to use the data in the way you anticipate?

Section VI. Evaluating existing liabilities
a) Has the target been the subject of a security incident in the past? Is this incident ongoing?
b) Have there been any regulatory issues for the organization pertaining to their data
c) What types of protections and policies are currently in place with the target? How do they relate to an acquirer’s existing policies?

Section VII. Contractual Protections in a purchase agreement
a) Evaluation of data and privacy representations and warranties
b) Purchase price adjustments
c) Special indemnity

Section VIII. Closing and Post-Closing Considerations
a) Documenting data transfer and control shifts
b) Issues in merging data across entities