Will the Shoe Fit?: Jimmy Choo’s IPO

The luxury shoe brand Jimmy Choo (CHOO) listed on the London Stock ExchangeFriday, October 17 after announcing its intent to issue and IPO last month. It is the “first publicly-traded, standalone luxury footwear brand.” While shoppers around the globe covet the designer brand glorified by Carrie Bradshaw on Sex and the City and worn by celebrities and royalty, some are concerned that the move may cost the brand some of its “cachet.” Jimmy Choo was a bespoke shoemaker in London […] (More →)

Putting a lid on Social Security Number retention

The recent computer hacks of major American businesses—from Target to JPMorgan to Dairy Queen—illustrate in stark terms the mounting importance of corporate data security in this digital age. Beyond technical measures like encryption, perhaps the simplest measure that a company can take to safeguard employee and customer data is to ensure that it does not retain sensitive records for longer than is necessary in the first place. Yet because of an absence of regulation and the apathy of corporate practices, […] (More →)

Today’s Big Threat to Businesses: Security Breaches. How To Prevent & Proactively Manage the Risk

K-Mart, Target, JP Morgan Chase, Apple, AT&T. What do all of these companies have in common? In the last year, all of these businesses have been victim to severe cyber attacks. Whether you’re in-house counsel of a corporation or simply an active consumer, data security breaches should be a top concern as it is now more likely than ever that your personal information might become compromised. One thing that’s clear from past incidents is that no industry is immune. One […] (More →)

Antitrust Enforcement in the New Gilded Age

A recent New York Times article by Steven Davidoff Solomon proclaimed that we are in the midst of a “New Gilded Age” and that “[t]he trust is back, baby.” The article compared some recent and highly publicized acquisitions, such as Comcast’s proposed acquisition of Time Warner Cable, and Facebook and Google’s acquisition of start-ups, with the wave of mergers and acquisitions in the early 20th century that created the trusts that controlled a number of key industries in the United […] (More →)

The Costs and Consequences of Credit Card Security Breaches

In the last few years it seems that credit card security breaches at some of the largest retailers in the country have become more and more commonplace. Even more recently, we learned that an estimated 76 million household were affected by a breach at the country’s largest bank- JPMorgan Chase.  In 2012, nearly 50% of total losses from credit card fraud was in the United States, amounting to $5.3 billion in losses between credit card issues and users. On a […] (More →)

What Underlies the Inflation of Criminal Insider Trading Sentences?

Criminal sentences for convicted insider traders have markedly grown since the financial crisis. A Reuters analysis of insider trading sentences between 2003 and 2013 indicates that the average prison sentence between 2008 and 2013 (17.3 months) was 31.8% greater than that between 2003 and 2008 (13.1 months). Furthermore, the longest four insider trading sentences in history have been handed down in the last three years. There is only a weak argument that this trend is based on Congressional intent. Dodd-Frank […] (More →)

Inversions: A Primer

Over the past few months, a number of large American companies such as Burger King, Medtronic, and AbbVie, have announced mergers with foreign companies in a type of deal known as an “inversion.” These deals have attracted a lot of interest from the press, including Paul Krugman of the New York Times, and politicians such as President Barack Obama and Treasury Secretary Jack Lew. All of this attention has facilitated some thoughtful dialogue about tax reform in the United States, […] (More →)

Alibaba: Rethinking Risk Factors

The disclosure requirements of U.S. securities regulations are designed to provide investors with information that would allow them to assess their investment opportunities and determine where to devote their capital. To inform investors of the risks associated with registered securities, Item 503(c) of Regulation S-K  requires registrants to discuss “the most significant factors that make the offering speculative or risky.” Item 503(c) also stipulates that registrants should not include risks that “could apply to any issuer or offering.” On September […] (More →)

What You Don’t Know Can Hurt You: Dodd-Frank’s Requirement for Conflict Mineral Disclosure

Section 1502 of the Dodd-Frank Act is a lesser-known provision requiring all publicly traded United States companies to disclose annually whether or not they are using “conflict minerals” from the Democratic Republic of Congo or its bordering nations. The measure, which focuses on tantalite, tin, tungsten, and gold, seeks to reduce the amount of these four minerals purchased in conflict areas where militias use the revenue to fund violence. Four years after Congress passed the Act, the provision is proving […] (More →)

What do shares of Alibaba actually get you?

On Friday, September 19, Alibaba Group Holding Ltd. had the biggest initial public offering to date, raising $25 billion. The company, commonly referred to as Alibaba, is China’s largest online commerce conglomerate, thanks to websites such as Taobao, Tmall, and Alibaba.com. Those who purchased shares in Alibaba Group Holding Ltd., however, did not actually purchase shares in the Chinese company. Instead, those shares were of a Cayman Islands entity whose structure is set up to receive fees and royalties from […] (More →)

About CBLR

Columbia Business Law Review is the first legal periodical at a national law school to be devoted solely to the publication of articles focusing on the interaction of the legal profession and the business community. The review publishes three issues yearly, which involve students in the editing of leading articles in business law, as well as the production of student-written notes.