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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 8 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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Read <em>Business Law Update</em> to stay up to date on legal issues that impact public and private companies on a local, national and global basis. Articles in this issue include:

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In this edition of Business Perspectives, Frank Chaiken, Corporate Transactions &amp; Securities practice group leader, reflects on the ever-changing array of global and regional factors affecting the business world. <a href="https://www.thompsonhine.com/insights/business-perspectives-december-2022/" target="_blank" rel="noreferrer noopener">Continue reading.</a>

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See No Evil, Speak No Evil, Then Pay the Piper: Be Ready for the Worst-Case Results in Cybersecurity

The New York State Department of Financial Services (DFS) reached a settlement in October with EyeMed Vision Care, which includes a $4.5 million fine for violating the DFS’s Cybersecurity Regulation (23 NYCRR Part 500). Considered alongside the DFS’s recently proposed second amendment to the Regulation, which would, among other things, increase accountability for cybersecurity at the board and C-suite levels, the settlement underscores the importance of proactively implementing effective cybersecurity and data privacy policies and programs. <a href="https://www.thompsonhine.com/insights/see-no-evil-speak-no-evil-then-pay-the-piper-be-ready-for-the-worst-case-results-in-cybersecurity/" target="_blank" rel="noreferrer noopener">Read more.</a>

Rise in Greenwashing Cases: What Companies Need to Know

“Greenwashing” cases are on the rise across a variety of industries. These lawsuits are often initiated by environmentally conscious consumers who believe certain companies are misleading customers with hollow representations about their commitments to sustainability. In this article, we discuss recent cases and offer risk mitigation measures for companies to consider. <a href="https://www.thompsonhine.com/insights/rise-in-greenwashing-cases-what-companies-need-to-know/" target="_blank" rel="noreferrer noopener">Continue reading.</a>

Biden Issues Executive Order to Focus the Consideration of National Security Factors in the CFIUS Review Process

In September, President Biden issued an executive order to elaborate upon existing statutory factors and include additional national security factors that the Committee on Foreign Investment in the United States (CFIUS) must consider in its review of covered transactions. The order does not change CFIUS’s review process or legal jurisdiction, but it must be considered in conjunction with the national security factors already set out in the CFIUS’s authorizing statute. <a href="https://www.thompsonhine.com/insights/biden-issues-executive-order-to-focus-the-consideration-of-national-security-factors-in-the-cfius-review-process/" target="_blank" rel="noreferrer noopener">Read more.</a>

In the Weeds: Marijuana Legalization and Drug Testing at Work

Drug testing has been a staple of the hiring process for decades, but the web of state and federal statutes governing marijuana use – both medical and recreational – remains in flux. If your company does business in a state that has legalized marijuana use under state law, for medical or recreational use, then now is a good time to revisit existing workplace drug policies. <a href="https://www.thompsonhine.com/insights/in-the-weeds-marijuana-legalization-and-drug-testing-at-work/" target="_blank" rel="noreferrer noopener">Continue reading.</a>

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Business Law Update – Fall 2022

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