Showing 2 posts from April 2018.

Ryan Keating Contributes to Bloomberg Law on Delaware Data Breach Compliance

Posted In Data Breach, News

Ryan T. Keating was quoted in the Bloomberg Law article, "Delaware Ramps Up Data Breach Compliance Mandates," regarding the impact of the new statute.

"The most significant change in the new statute, which updates the state’s 2005 data breach notification law, is that companies are required to “implement and maintain reasonable procedures and practices” to prevent data breaches, Ryan Keating, a member of Wilmington, Del.-based Morris James LLP’s data privacy and information governance group, told Bloomberg Law.

The amended statute does not offer guidance on what constitutes “reasonable” security, so companies developing security programs “would be wise to consider security standards published by NIST and other organizations,” Keating said, referring to the Commerce Department’s National Institute of Standards and Technology."

To view the full article, click here.

Case Spotlight: In Re ExamWorks Group, Inc. Stockholder Appraisal Litig.

Case Spotlight: In Re ExamWorks Group, Inc. Stockholder Appraisal Litig., 2018 WL 1008439 (Del. Ch. Feb. 21, 2018) (Laster, V.C.)

ExamWorks Group, Inc. (the “Company”) is a Delaware corporation with its principal place of business in Atlanta, Georgia.  In 2010, the Company completed an initial public offering.  In 2016, it entered into a merger agreement with affiliates of Leonard Green & Partners, L.P.  After the announcement of the merger, petitioners perfected their appraisal rights seeking a judicial determination of the fair value of their interest in the Company.  During the proceedings, the Court of Chancery appointed two firms as Co-Lead Counsel.  The parties agreed on a schedule for the action, which included discovery, and the Court approved the schedule by order. More ›