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NY federal court decision threatens embedding and linking across the web

“District court decisions have limited value as precedents versus appellate court decisions, but this case creates potential confusion and would give rise to additional lawsuits” writes Greg Sterling for searchengineland.com. In ruling on a motion for summary judgment in federal court in New York, Judge Katherine Forrest found that embedding a tweet containing a copyrighted photo (of Tom Brady) could create liability for copyright infringement.Breitbart, is still in process and cannot be appealed until final, but the judge’s ruling has potentially far-reaching implications. Source: searchengineland.com Share This:

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News Oil 

Spending bill reinstates 9-cents-per-barrel oil spill tax

“The funds collected will go toward the Oil Spill Liability Trust Fund” writes Katelyn Caralle for washingtonexaminer.com. The spending bill signed into law Friday by President Trump includes language that reinstates a tax on each barrel of oil to assist in spill cleanups.The oil tax is the main contributor to the fund, which is used to pay for cleanup in the event of an oil spill, such as the BP Deepwater Horizon spill in 2010. “We should have a robust trust fund — not just trust that oil companies will…

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PG&E suspends dividends amid possible wild fire liability

“Some witnesses say they saw sparks flying from wind-whipped power lines as the fires broke out during gales of fierce, dry winds” reports foxbusiness.com. Pacific Gas & Electric Co. (PCG) is suspending dividend payments to shareholders out of concern for any finding of financial liability in Northern California’s devastating wildfires, the California utility said late Wednesday. The utility paid $921 million in dividends last year and had paid out $754 million through the first nine months of this year, regulatory filings show. Source: foxbusiness.com Share This:

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NLRB rolls back ‘joint employer’ standard for business liability

“The move rolls back a board decision made during former President Barack Obama’s administration that applied a much broader, and vaguer, standard” writes Sean Higgins for washingtonexaminer.com. The “indirect control” standard meant franchisers could be responsible for labor law violations by franchisee businesses, a vast expansion of corporate liability.It overturned its 2015 board decision in a case called Browning-Ferris Industries.The reversal is a major win for businesses, which had pushed Congress and the Trump administration hard to reverse the board’s ruling.They argued that the Obama-era standard was a threat to…

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PG&E shares down 10% after California wildfire liability warning

“PCG, -10.51% fell more than 10% in the late session Friday after the company acknowledged that it may face some liability stemming from the California wildfires” writes Claudia Assis for marketwatch.com. PG&E “has about $800 million in liability insurance for potential losses that may result from these fires.If the amount of insurance is insufficient to cover (PG&E’s) liability or if insurance is otherwise unavailable, PG&E Corporation’s and the Utility’s financial condition or results of operations could be materially affected,” the company said in a filing Friday. Source: marketwatch.com Share This:

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A Las Vegas shooting victim has filed a lawsuit against the Mandalay Bay — and it could be just the beginning of the hotel’s legal nightmare

“On Monday, Paige Gasper filed a lawsuit against the Mandalay Bay and MGM Resorts International, the hotel’s parent company” writes Kate Taylor for businessinsider.com. The plaintiff claims that the Mandalay Bay failed to properly surveil guests and failed to monitor premises using security cameras. Source: businessinsider.com Share This:

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Hacking risk is what worries Americans most with driverless cars

“The insurance industry has been grappling with how best to deal with autonomous vehicles and the risks that the technology poses” writes Sonali Basak for autonews.com. Three-fourths of those surveyed said they think there’s a threat that hackers would take control of autonomous vehicles.Depending on the circumstances, those surveyed thought liability for accidents could lie with the car manufacturer, software provider or the driver. Source: autonews.com Share This:

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GBP News 

Tata Steel finally frees itself from £15bn UK pension liability 

“Tata Steel has finally ditched the massive British pension scheme which threatened to drag the UK company into insolvency” writes Alan Tovey for telegraph.co.uk. The company, which was ravaged by the crisis that hit the sector two years ago, has received formal confirmation from The Pensions Regulator for a deal to separate itself from the £15bn, 130,000-member retirement scheme. Under a deal known as a regulated apportionment arrangement (RAA), Tata has paid £550m to the British Steel Pension Scheme (BSPS) and handed a third of the company in shares to…

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CFPB Tweaks Proposed Prepaid Payroll Card Rules

“News reports Thursday (July 13) said the CFPB issued a proposal to amend regulations that affect payroll debit card usage” reports pymnts.com. The exception would aim to address “certain complications,” it said, regarding overlaps of how credit card accounts are subject to both Regulation Z’s open-end credit card rules and the Prepaid Accounts Rule that applies to cards linked to digital wallets. Source: pymnts.com Share This:

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Floyd Mayweather Jr. doesn’t have enough cash on hand to pay 2015 taxes

“Floyd “Money” Mayweather Jr. doesn’t have enough cash on hand to pay his 2015 federal taxes and has asked for an extension to pay up until after his Aug. 26 fight with UFC star Conor McGregor, Law360.com reported, citing a tax-court petition” reports sportingnews.com. “The taxpayer has a significant liquidity event scheduled in about 60 days from which he intends to pay the balance of the 2015 tax liability due and outstanding,” Mayweather’s petition reads.ESPN.com noted that after that bout, Mayweather — who frequently posts pictures to social media of large…

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