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DLA Piper LLP (US)

500 EIGHTH STREET, NW, WASHINGTON, DC 20004, USA
Tel:
Work +1 202 799 4000
Fax:
Fax +1 202 799 5000
Web:
www.dlapiper.com

Margo Tank

Tel:
Work +1 202 799 4170
Email:
Web:
www.dlapiper.com/en/us/people/t/tank-margo/
DLA Piper LLP (US)

Work Department

Intellectual Property and Technology; Data Protection, Privacy and Security; Technology; Financial Services

Position

Partner; US Co-Chair, Financial Services Sector

Career

Margo Tank focuses her practice on advising commercial enterprises and technology companies on the full spectrum of regulatory compliance matters related to the use of electronic signatures and records to enable digital transactions offered online and via mobile devices including utilizing smart contracts, blockchain technology and artificial intelligence. She also advises businesses on laws enabling money transmission and virtual currencies and other emerging payments mechanisms. Ms. Tank also advises clients on laws related to privacy and data security matters.

Margo began her legal career as counsel to the US House of Representatives, Committee on Banking and Financial Services. An early advocate for the financial services industry's acceptance and implementation of electronic signatures, she served as counsel to the Electronic Financial Services Council and assisted the group draft and lobby for the Electronic Signature in Global and National Commerce Act (ESIGN Act) and is currently counsel to the Electronic Signatures and Records Association, where she works to further electronic financial services policy before Congress and federal regulators. She also is counsel and co-reporter for Standards and Procedures for Electronic Records and Signatures(SPeRS). She is a member of the American Bar Association's Business Law Section and the Committee on the Law of Commerce in Cyberspace, is on the xDTM Standard Board of Governors and is a legal member participant in the Digital Chamber of Commerce's Smart Contracts Alliance. In 2016, she was appointed as an Observer to the Uniform Law Commission's Study Committee to Amend the Revised Uniform Law on Notarial Acts and the ULC Drafting Committee on Electronic Wills.

Education

B.A., University of Vermont; J.D., Drake University


United States: M&A/corporate and commercial

Commercial deals and contracts

Within: Commercial deals and contracts

DLA Piper LLP (US) is instructed primarily by clients in the technology and software industries, which it advises on a range of commercial transactions including tech licensing, trade mark agreements and outsourcing deals. Rated by clients for his ‘clearly superior and absolutely outstanding work’, Jeffrey Aronson in Silicon Valley advised Softbank Group Corporation on its investment in the on-demand dog walking service Wag and the messaging app Slack. In addition, the team acted for Nike in relation to its acquisition of artificial intelligence company Invertex. Other key figures include joint practice heads Mark Lehberg in Sand Diego and Richard Greenstein in Atlanta. The firm also saw a number of personnel changes in 2018: Washington DC-based Margo Tank and Chicago-based David Whitaker joined the practice group from Buckley LLP, and Matthew Gruenberg joined the Los Angeles office from Barnes & Thornburg LLP; Ryan T. Sulkin left the firm for Michael, Best & Friedrich LLP.

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United States: Media, technology and telecoms

Cyber law (including data privacy and data protection)

Within: Cyber law (including data privacy and data protection)

DLA Piper LLP (US) assists clients with compliance in relation to transnational, federal and state privacy and security regulations, industry best practices and self-regulatory initiatives. Based in Washington DC, practice head Jim Halpert has been advising the State Privacy and Security Coalition on stopping a number of bills which reintroduced at the state level asymmetrical ISP-only privacy rules from the FCC, repealed by Congress in March 2018.  Miami-based Carol Umhoefer has been assisting Pfizer with all aspects of its GDPR compliance program, while Atlanta-based Saxby Chambliss has been working with the US Chamber of Commerce on a report on the importance of reducing barriers to transnational sharing of cybersecurity threat information. San Francisco’s Rena Mears, who is well versed in privacy and cybersecurity assessments, program and control design, data mapping and program and vendor-risk management, is another key contact. Margo Tank joined the Washington DC office from Buckley LLP in January 2018, and Andrew Serwin, ‘a person of rare skills', joined the San Diego office from Morrison & Foerster LLP in 2019.

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Fintech

Within: Fintech

New York-based David Luce heads DLA Piper LLP (US)’s multidisciplinary fintech and blockchain practice which has expertise handling regulatory, corporate, securities, M&A, capital markets and intellectual property matters. Its impressive client roster ranges from providers of financial infrastructure software, payment solutions, alternative lending platforms and analytics companies to venture capital and those in the insurtech space. The group's broad capabilities include acting for technology companies in financing transactions, such as recently assisting Kabbage with its $525m asset-backed securitization transaction and advising Doc.ai Incorporated, a developer of decentralized conversational AI technology, on its SAFT offering. Other recent work includes assisting sponsors and investors in the cryptocurrency space and advising the firm's broad client base on regulatory issues. The team’s expertise in acting for emerging companies was bolstered by the arrival of Margo Tank in Washington DC and David Whitaker in Chicago from Buckley LLP.

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Legal Developments by:
DLA Piper LLP (US)

  • Sentencing guidelines for corporate manslaughter

    In February 2010 the Sentencing Guidelines Council (the SGC) issued definitive guidelines to courts on imposing appropriate sentences for corporate manslaughter and health and safety offences causing death. The SGC states that fines imposed on companies found guilty of corporate manslaughter should not fall below £500,000, while fines in respect of health and safety offences that are a significant cause of death should be at least £100,000. Crucially, the SGC declined to provide for a fixed link between the imposed fine and the turnover or profitability of the offending company.

    - DLA Piper UK LLP

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