February 15, 2012

Commissioner Smith moves on; Ray Grace to serve as Acting Commissioner

North Carolina Banking Commissioner Joseph Smith, Jr. has been appointed to oversee the $25 billion mortgage settlement we've all read so much about, and has resigned his position with the OCOB effective Thursday (tomorrow).  We are grateful to Joe for the outstanding work he has done on behalf of the people of North Carolina over the past decade and wish him the best.  On a personal note, I want to publicly express my thanks to Joe for the nice things he's said to, and about, me in my short career in banking law.

Chief Deputy Commissioner Ray Grace, who joined the OCOB in 1974, will serve as Acting Commissioner in the near term.  By law, Governor Purdue must submit the name of a permanent successor to the General Assembly within four weeks for confirmation.  In an election year with a besieged Democratic Governor and a Republican legislature, the process could become politicized. 

As far as I know, no other names have been publicly mentioned at this point.

How to Prepare a Business Agreement: A Guide for Young Lawyers

I wrote a short "how to" article for young lawyers on drafting business contracts which was published in The Advocate, the quarterly publication of the Young Lawyers Division of the North Carolina Bar Association.  You can find it here: http://younglawyers.ncbar.org/media/21649678/yldfeb2012.pdf.

February 5, 2012

More on Website Privacy

TechWire published my short article on website privacy here.

"Internet privacy is gaining increasing attention from governmental entities, consumer groups, and plaintiffs' class action attorneys, and is expected to be an emerging source of risk for many companies. Fortunately, much of that risk is avoidable if care is taken to observe the patchwork of applicable legal requirements."

Stay tuned for a more detailed article on this topic in the near future...