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Since December of 1999, when the jury in <I>2660 Woodley Joint Venture v. ITT Sheraton Corporation</I> shook the foundations of the most important relationship in the hospitality industry, that of owner and operator, the industry knew that two things were certain. One was that the rules of the game had changed, and the second was that an appeal would surely follow. The appeal was delayed until Sheraton's request for a new trial or amendment of the judgment was heard. That didn't happen u

At an August 25, 2004 board meeting, the Financial Accounting Standards Board (FASB), by a split vote, tentatively adopted a different accounting treatment for Employee Stock Purchase Plans (ESPPs) than that originally contained in its March 2004 exposure draft proposal. FASB’s change has the potential of lessening the expense to be recorded by companies in connection with stock sold pursuant to ESPPs.

A blog cannot live on patent eligibility alone. Below are the intellectual property developments we're tracking closely and why they matter.

A recent case from the United States District Court for the Southern District of New York has ruled for the first time on a significant issue pertaining to the scope of the Digital Millennium Copyright Act (DMCA) - whether unauthorized use of a valid password to access a secure Web site violates the DMCA. In <I>I.M.S. Inquiry Management Systems Ltd. v. Berkshire Information Systems, Inc.</I>, the court decided that the DMCA does not prohibit such unauthorized access.

With <I>Zheng v. Liberty Apparel Co.,</I> the U.S. Court of Appeals for the Second Circuit (New York, Connecticut, Vermont) significantly altered its test for determining joint employer status in the Fair Labor Standards Act (FLSA) (federal wage and hour law) context, and may well have set a standard other federal appellate courts will soon follow. The case involves garment "jobbers" in New York City that stitch and hang pre-cut pieces.