Calfee Connections

Website privacy policies have become a standard part of doing business online, and website visitors these days likely expect one. While there is no general federal law requiring a privacy policy (though many states are passing legislation that may require one, and some businesses have privacy requirements through various data-specific federal statutes such as HIPAA, Gramm-Leach Bliley, etc.), it is generally good practice to have such a policy, especially if your business gathers contact information or other sensitive personal data (like credit card information).

Simply stated, insurance policy deductibles or retentions are a dollar threshold that must be satisfied before an insurer will pay any defense or indemnity costs on a claim. Many insureds  seek to contain their insurance premium costs by purchasing policies with substantial six to nine-figure retentions or deductibles. Unsurprisingly, insurers tend to charge lower premiums if the insured is willing to retain more dollar risk for itself through retentions or deductibles. Suffice it to say that both retentions and deductibles are loss-shifting mechanisms, which shift away from the insurer a portion of the loss otherwise covered by an insurance policy.

On Episode 24 of Calfee NOW, Michael Bowen, Associate with Calfee's Government Relations and Legislation practice group, spoke with Chris Berry, President and CEO of OhioX. OhioX is a nonprofit organization that represents and connects those committed to growing Ohio’s economy through technology and innovation.

In an M&A market that remains exceedingly frothy, many would-be buyers in the middle market are being forced to acquire the equity of a target company (rather than its assets) in order for their bids to be competitive.