The new anti-spam and anti-spyware legislation has such a broad reach and is so complex that organizations that conduct business online will need to reassess their business practices for sending commercial electronic messages or face stiff new penalties that can go up to $1 million for individuals and $10 million for corporations for each violation, according to experts.
Privacy
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Privacy rights overlooked in bankruptcies and insolvencies
Eight years after the federal government introduced legislation that applies to the collection, use and disclosure of personal information in the course of any private sector commercial activity, corporate lawyers pay little heed to privacy rights in bankruptcy and insolvency proceedings.
“Candidly, we on the insolvency side pay lip service to privacy,” acknowledged Kenneth Kraft, a partner with the financial services group at Heenan Blaikie, specializing in insolvency and finance. “It’s not something that we give much thought to.”