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internationallawsection.org                                                    Monday, November 19, 2018
The International Law Section Gazette
Section News
Networking Luncheon in Orlando

On November 29, 2018 from 11:30 am to 1:30 pm at the Citrus Club in Orlando, 255 S. Orange Avenue, 18th Floor , the Florida Bar International Law Section will host its annual networking luncheon in Orlando.  The Chair of the International Law Section and Members of the Executive Committee and Executive Council will be sharing the Section's mission and discussion plans for the upcoming year.   Space is limited.  RSVP to Penelope Perez-Kelly at pperezkelly@fisherlawfirm.com .


 
CALL FOR ARTICLES - Winter 2019 ILQ: Focus on Human Rights

The editors of the International Law Quarterly are soliciting articles for the Winter 2019 edition, which will focus on human rights.  Possible topics include issues like the status of women or children in conflict zones, what we know about the Jamal Khashoggi murder, Russian political oppression, environmental protection as a human right, or any other issue that inspires you to write. 
 
The deadline for submission of draft articles is December 14, 2018.  Timely articles not dealing with human rights issues will also be accepted for inclusion in this edition.
 
Please submit a statement of interest in writing an article on a specific topic to Ana Barton ( abarton@reedsmith.com) or Laura Reich ( laura@reichrodriguez.com) as soon as possible.

SAVE THE DATE: Cuba 2.0 - Open, Closed or Out of Business? 

The Miami Finance Forum is hosting a breakfast program on November 27, 2018  7.30-10AM at the offices of Akerman,  98 Southeast Seventh Street; Suite 1100;  Miami , FL 33131. The ILS co-sponsors the event. The event will feature an expert panel including  Pedro Freyre, Carlos Osorio, Arnie Perez (Carnival), Fernando Capablanca (City National Bank) and will touch on the shifting US-Cuba political, legal and business climate following the adoption of U.S President Donald Trump's new policies, and the election of Cuban President Miguel Diaz-Canel. Click here to register.

CALL FOR VOLUNTEER ARBITRATORS - 2019 Vis Pre-Moot

The Florida Bar International Law Section Richard DeWitt Memorial Vis Pre-Moot committee is in search for volunteers to serve as arbitrators on Saturday, February 23, 2019 (the day after the iLaw 2019 Conference) for the ILS Vis Pre-Moot held at JAMS Miami Resolution Center in Brickell.  The ILS Vis Pre-Moot all-day event prepares law students from the largest law schools in Florida and beyond for the Willem C. Vis International Commercial Arbitration Moot in Vienna.   There will be CLE available for all volunteer arbitrators.   We need volunteer arbitrators for both the morning and afternoon rounds.   If you are interested in serving as a volunteer arbitrator or would like more information, please email the Vis Pre-Moot Steering Committee at ilspremoot@gmail.com and indicate your availability and preferences.



Save the Date for iLaw 2019

Please join us for our annual flagship conference on Friday, February 22, 2019 at the JW Marriott Marquis in Miami. This year's conference will feature programming on hot issues in international litigation, arbitration, and business transactions. As in previous years, we have teamed up with the International Centre for Dispute Resolution (ICDR) for the international arbitration track. We have limited rooms available, so reserve your room early! For more information please visit our website, www.internationallawsection.org, or contact this year's co-chairs, Jacqueline Villalba, jvillalba@harpermeyer.com; Kristin Drecktrah Paz, kpaz@shutts.com; or Cristina Vicens  cvicens@sequorlaw.com.



 

Members News
Carlos Osorio Joins Harper Meyer


 

From our Members
Yahoo to Settle Data Breach Class Action for $50 Million

By Richard Montes De Oca*

Last month, the parties in the litigation pending in a California court regarding the massive Yahoo data breach disclosed in 2016, filed a motion seeking preliminary approval of a settlement for $50 million in damages, and for Yahoo to provide two years of free credit-monitoring services to the 200 million people who had their email and personal information stolen.
 
On October 3, 2017, Yahoo disclosed that three times as many accounts were impacted by data breaches than the company had previously disclosed in 2016, in its quarterly filing with the U.S. Securities and Exchange Commission ("SEC"). In total, as many as 3 billion accounts, or every single customer that existed at the time, were impacted.
 
After Verizon acquired Yahoo in 2017, it expanded its investigation into the breach by contracting outside forensic experts. Four people have been indicted for the attack by the Department of Justice (DOJ). The SEC and U.S. Federal Trade Commission (FTC) launched investigations over the company's failure to disclose and investigate such breach in a timely manner. The SEC brought charges against Yahoo for misleading investors by failing to promptly and accurately disclose one of the world's largest data breaches. Yahoo ultimately agreed to pay a $35 million penalty to settle the SEC charges. It was the first cease-and-desist order and penalty by the SEC against a public company for failing to disclose known cyber incidents in its public filings; this was on the heels of the SEC's new guidelines for disclosures of cyberattacks.
 
One of the key problems raised by regulators and plaintiffs in this case was that Yahoo failed to promptly and fully investigate the breaches when they actually happened, and it appears the company did not have adequate policies and procedures in place to address a breach of this kind.
 
With increasing class actions derived from data breaches and additional scrutiny by the SEC, FTC and other regulators involving cyberattacks and disclosures, it has become critical for companies to establish or enhance their Privacy and Data Protection Compliance Programs. MDO Partners encourages companies to conduct cybersecurity risk assessments, adopt robust privacy policies, enhance disclosure controls and adopt cyberattack investigation procedures to help mitigate the risks associated with a cyberattacks and data breaches. Our attorneys and advisors have experience advising clients on the relevant privacy matters and cybersecurity measures that should be taken to establish and maintain an effective Privacy and Data Protection Compliance Program.


*Richard Montes De Oca is Managing Partner at MDO Partners is a boutique law firm that focuses on Corporate, International, and Real Estate Law, as well as Global Compliance and Business Ethics. 
Upcoming Events
November 26-27, 2018
The Asia Committee of the Florida Bar International Law Section has organized a 
U.S.-India Symposium on Law, Business and Investments.  The symposium will take place on November 26-27, 2018 in conjunction with the Indian National Bar Association's (INBA) annual conference at the Shangri-La Hotel in New Delhi.  The symposium proposes to bring participation from legal luminaries, senior government officials, and international law firms from across the globe. 



January 30, 2019
On January 30, 2019 the ILS will host an audio webinar titled H-1B Processing: Navigating Troubled Waters in  These Turbulent Times .   This audio webcast will offer a practical approach to the preparation of the H-1B visa petition taking into consideration USCIS regulations and current policy including adjudication trends at the Service Centers. For more information, please refer to the event's brochure. To register please visit this link.


Fall 2018 ILQ
International Law Quarterly (ILQ)
The  Fall 2018 ILQ -  Focus on Asia  is now available to view and download here.





Visit our Sponsors                                             
ILS thanks its sponsors 
 

In light of what we accomplished this past year, we hope you will continue to support the Section as a sponsor. In 2017-2018, various firms, companies and suppliers sponsored the Section. 

We look forward to another year of innovative programs where we can advance international law and further promote our sponsors. To learn more, read the Section's sponsorship package. You can also c ontact our Treasurer, James Meyer at jmeyer@harpermeyer.com  for more details.



  Become a Sponsor for the 2018-2019 Cycle
The ILS Gazette

Editor: Fabio Giallanza

Chair: Carlos F. Osorio
Immediate Past Chair: Arnoldo B. Lacayo
Chair-Elect:  Clarissa Rodriguez
Secretary:  Robert J. Becerra
Treasurer: James Meyer