There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply-chain management. Reports estimate that over $1.4 billion was invested in blockchain startups in 2016 … [Read more...] about Blockchain Energizer -Vol10 August 10,2017:Blockchain-Powered Utility-Scale Solar Investment Fund Launches ICO; ISDA Issues Whitepaper on Smart Contracts and Distributed Ledger Technology; Bank in Thailand to Use Blockchain to Digitize Letters of Guarant
Issue paper
Future of Legal Services papers prompt comments but little consensus
If the plan of the ABA Commission on the Future of Legal Services earlier this year was to get people talking about two of the most controversial issues relating to how legal services are regulated in the United States, it worked out just as intended.Citing studies showing that … [Read more...] about Future of Legal Services papers prompt comments but little consensus
Should nonlawyers be allowed to own law firms? ABA commission revisits the issue
An ABA commission is seeking comments on an “issues paper” examining ethics rules that bar nonlawyers from owning and managing law firms.The ABA Commission on the Future of Legal Services “revived a contentious debate” on the issue with a request for … [Read more...] about Should nonlawyers be allowed to own law firms? ABA commission revisits the issue
Commission Seeks Input on Issues Related to Technology, Globalization
The ABA Commission on Ethics 20/20 will probably receive some very interesting mail over the next several weeks. The commission is seeking input by June 1 on two key issues—alternative business structures and cross-border practice—as it looks at how lawyer ethics … [Read more...] about Commission Seeks Input on Issues Related to Technology, Globalization
Federal Reserve Issues Paper on Capital Planning and Rule for Assessments for Large Banks
On August 19, one day before issuing its notice of proposed rulemaking on bolstering leverage ratio standards (as discussed above in “Agencies Seek to Bolster Leverage Ratio Standards for Largest Banks”), the Board of Governors of the Federal Reserve System (Board) … [Read more...] about Federal Reserve Issues Paper on Capital Planning and Rule for Assessments for Large Banks