Cryptocurrency & Legal Ethics
1h 1m
Created on May 30, 2019
Intermediate
Overview
It is hard to open a legal journal or newspaper these days without finding an article discussing blockchain or cryptocurrency. Touted by some as the biggest technological innovation since the development of the internet, and dismissed with skepticism by others, clients who use the technology present both opportunities and risks for lawyers who practice in the space. This program will provide an overview of both the technology itself and the ethical minefields that arise for lawyers whose clients develop and use cryptocurrency, as well as those who wish to accept it for payment.
Learning Objectives:
- Review the basics of blockchain, bitcoin, and cryptocurrency - what they are and how they work
- Discuss recent crypto-currency related case-law to set the stage for and provide context for ethics discussion
- Analyze the applicable ethical rules and guidance from state bars and other governmental authorities
Credits
Faculty
Stephen D. Palley
Partner | Anderson Kill
Stephen D. Palley is a partner in the Washington D.C. office of Anderson Kill. A seasoned trial lawyer and litigator with extensive experience in insurance recovery, Stephen also has significant hands-on software development and design experience. He is co-chair of Anderson Kill's recently launched Blockchain and Virtual Currency group, a cross-disciplinary team providing counsel to Blockchain entrepreneurs and investors in areas including litigation, trial practice, insurance coverage, tax, intellectual property, corporate/transactional and employment law. Stephen has written and been quoted widely on legal issues arising from the use of Blockchain technology, with appearances in both print and television media.
In two decades of litigation experience, Stephen has handled a wide variety of commercial disputes in state and federal courts across the United States, including significant construction insurance and environmental insurance matters. His most recent trial experience includes a Fall 2017 jury trial in federal court regarding coverage for decades of environmental cleanup costs under insurance policies issued in the 1970s, leading to an eight figure jury verdict in favor of the policyholder. He has also represented owners, general contractors, construction managers and others in insurance transactions concerning tens of billions of dollars' worth of construction projects throughout the United States.
In the area of software design and development, Stephen has worked with clients to develop a wide range of compliance driven software platforms, including direct response advertising and dispute resolution software, as well as advising clients developing platforms with blockchain functionality.
Stephen was selected for inclusion in the 2019 The Best Lawyers in America list for Insurance Law. In 2018, Stephen was recommended in The Legal 500 United States for Insurance - advice to policyholders.
Daniel J. Healy
Partner | Anderson Kill
Daniel J. Healy is a partner in Anderson Kill's Washington, D.C. office. He started his career with Anderson Kill and then served over five years as a Trial Attorney with the U.S. Department of Justice, Tax Division. He appeared as lead trial counsel in federal and state courts across the country, received numerous Outstanding Attorney awards and served as the E-Discovery Coordinator for the Tax Division.
Dan currently is the Deputy Co-Chair of Anderson Kill's Cyber Insurance Recovery Practice Group, and a member of the firm's Blockchain & Virtual Currency and Regulated Products Groups. Dan was selected by his peers for inclusion in the 2019 The Best Lawyers in America list for Insurance Litigation and was recognized by Super Lawyers as a Super Lawyer for Insurance Coverage.
He represents policyholders seeking insurance coverage. He has experience obtaining coverage under a variety of insurance policies relating to directors and officers liabilities, business interruptions, environmental liabilities, health benefits, property damage, asbestos products, title insurance liabilities, and intellectual property disputes. He has represented railroads, banks, financial service providers, manufacturers, retailers, technology companies and food and beverage providers.
Dan also litigates all areas of intellectual property. He has represented trademark owners in disputes involving domain names, cybersquatting, online infringement and reverse confusion, has appeared before the Trademark Trial and Appeal Board and has litigated claims of unfair competition, copyright infringement and patent infringement. He also successfully represented a client against the U.S. Patent and Trademark Office.
Reviews
Recent Reviews
Very good tutorial on blockchain technology and cryptocurrency as it relates to ethical rules and considerations. Very useful hour for those attorneys who may come across clients with issues concerning crypto as well as potential payments in crypto.
Fascinating topic.
Very informative great clear speakers
Great course with lots of helpful information
Engaging and interesting speakers with thought provoking discussion on ethical issues surrounding work on ICOs
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