Publication
Liability for statements and omissions about digital assets
Recent court decisions arising from the purchase and sale of digital assets have grappled with liability claims arising from information that had been stated or omitted.
When working on mergers and acquisitions, certain aspects of closing have become de rigueur—call tax, employment and intellectual property—but more recently, issues related to privacy and cybersecurity have come to the forefront.
Routinely, cybersecurity and privacy have been relegated to a few due diligence questions or clauses in a purchase and sale agreement.
They were, for lack of a better word, an afterthought. But cybersecurity and privacy issues are now being viewed as essential parts of a deal, even as potential deal breakers.
Publication
Recent court decisions arising from the purchase and sale of digital assets have grappled with liability claims arising from information that had been stated or omitted.
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