Author Archives: John DiGiacomo

E-commerce businesses must comply with advertising laws and regulations in the same manner as non-e-commerce businesses. The general rule with respect to advertising is that all advertising must be truthful and non-misleading. The rules and regulations apply to all forms of advertising, including types of “advertising” that might not fit the traditional definition. Thus, government […]

For senior-level employees, phantom stock agreements have many of the same benefits as standard stock compensation agreements/plans except without the eventual right to vote the “shares” and loss of capital gains tax treatment on some income in some circumstances. For corporate entities, the benefits are also similar, but without having to dilute voting rights among […]

If you own a closely held business, the owners/partners will greatly benefit from entering into what is typically called a “Buy-Sell Agreement.” The basic idea is to ensure that ownership shares/units are not sold to third parties without the agreement of the owners. Likewise, the agreement ensures that the shares/units of any departing owner are […]

Website cloning can be a major problem for website operators. Cloning is usually defined as the duplication of an entire website (or significant portions) for criminal or other nefarious purposes. For example, a cybercriminal can clone a bank website, hoping to lure unsuspecting bank customers to the fake website in order to steal usernames and […]

When a business sells substantially all of its assets, the Asset Purchase Agreement will contain a section containing representations (“rep” for short) and warranties. These are generally styled as statements of fact concerning various important aspects of the assets and the transaction. Generally, the seller provides the majority of reps and warranties (although the buyer […]

In May 2023, Tennessee enacted a consumer data/information protection statute called the Tennessee Information Protection Act (“TIPA”). See here for the text of the Act. In other articles, the consumer privacy and compliance lawyers here at Revision Legal have offered discussions of various aspects of the TIPA. In this article, we focus on the “NIST […]

In May 2023, Tennessee enacted a consumer data/information protection statute called the Tennessee Information Protection Act (“TIPA”). See here. In this article, the consumer privacy and compliance lawyers here at Revision Legal briefly survey the obligations imposed by the TIPA on businesses collecting and processing data related to Tennessee consumers. The focus of the TIPA […]

In the U.S., at the federal level, the Lanham Act is the main statute that governs trademark rights. Among the most important trademark rights that are protected is the right to exclusive use. That is, the Lanham Act prohibits infringement of a valid trademark by others. There has long been a legal debate about the […]

If you are thinking of creating, using, and registering a trademark, early in the process, you will need to conduct a trademark search to ensure that your proposed trademark is not already in use and not already registered. Likewise, you will need to conduct a search to ensure that your proposed trademark is not confusingly […]

In May 2023, Tennessee enacted its version of a statute aimed at protecting information and data related to consumers and others. The statute is called the Tennessee Information Protection Act (“TIPA”). To date, about eleven States have enacted consumer data/information privacy statutes. The Tennessee version is the first of such statutes that omits the word […]