Kishan Shah Kishan Shah

Terraverse Salon hosts UFO whistleblower David Grush

As part of the Terraverse Salon, John Altorelli welcomed David Grusch, a former US intelligence officer, revealing new details about the US’s UAP retrieval program.

According to the Daily Mail, the attendees included officials from the FBI, CIA, Department of Homeland Security, tech entrepreneurs and Wall Street ‘bigwigs.’

During the event, Grusch claimed that the US was in possession of a 40-foot Tardis-like craft that was “the size of a football field when you stepped inside” and could manipulate both space and time.

Read more here: UFO whistleblower held secret talk with 'Wall St bigwigs' and CIA officials in Manhattan - where he claimed US was in possession of 40ft Tardis-like craft that was 'the size of a football field when you stepped inside'

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Kishan Shah Kishan Shah

John Altorelli: From Air Force to Wall Street's Leading Corporate Lawyer

Discover how John Altorelli transitioned from the US Air Force to becoming Wall Street's leading corporate lawyer

John Altorelli has come a long way from his days in the United States Air Force, where he managed large-scale construction projects for six years. Today, he is known as "Wall Street's leading corporate lawyer," as mentioned in B Beyond. Altorelli's extraordinary work ethic, commitment to fairness, and unique skill set have allowed him to excel in the legal profession and negotiate multibillion-dollar international deals.

After serving in the Air Force, Altorelli graduated summa cum laude from Southern Connecticut State University and earned the American Jurisprudence Award at Cornell Law School. Altorelli has advised clients on various transactions, including mergers and acquisitions, private equity, structured finance, and corporate finance. His diverse background has made him invaluable to clients such as private equity funds, financial institutions, hedge funds, venture capital funds, publicly traded companies, investment banks, entrepreneurs, emerging growth companies, and privately held companies in industries like financial services, real estate, insurance, apparel, biosciences, software, internet, media, energy, and communications.

Altorelli is a member of the New York and Connecticut State Bar Associations and the American Bar Association. His reputation for being hired by former opponents speaks to his exceptional negotiation skills and commitment to fairness.

Among Altorelli's signature accomplishments in representative transactions are:

  1. Representing Blackstone Group in the sale of Graham Packaging Co. to Reynolds Group Holdings in an all-cash transaction valued at $4.5 billion (including assumed indebtedness)

  2. Advising Bank of America in its sale of a portfolio of real estate assets to Blackstone Group and other strategic buyers, with a portfolio consisting of over 20 properties and assets in Argentina, Brazil, Czech Republic, Germany, Italy, Serbia, and the United States

  3. Assisting Kohlberg Kravis Roberts & Co. and Five Mile Capital in the acquisition of GMAC Commercial Mortgage Holding Corp. (now Capmark Financial Group) for $8.8 billion in cash and assumption of debt

John Altorelli's journey from the United States Air Force to becoming one of Wall Street's leading corporate lawyers is truly inspiring. His commitment to fairness, exceptional work ethic, and negotiation finesse have made him a sought-after legal professional in the industry. For more information on John Altorelli and his accomplishments, check out this profile.

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Kishan Shah Kishan Shah

John Altorelli Supports the Future of Transactional Law at Cornell Law School

Discover how John Altorelli, a distinguished corporate lawyer, contributes to the growth of transactional lawyering by supporting Cornell Law School's annual competition.

John Altorelli, a renowned corporate lawyer and US Finance co-chair at DLA Piper, has consistently demonstrated his commitment to fostering the next generation of transactional attorneys. A testament to his dedication is his support for Cornell Law School's Transactional Lawyering Competition. Now in its eighth year, the competition has generated strong interest among law students, providing them with valuable hands-on experience and exposure to transactional law.

The Transactional Lawyering Competition at Cornell Law School is designed to prepare law students for the practical aspects of transactional lawyering. Participants engage in a series of negotiation exercises, drafting assignments, and deal-making simulations, all while receiving guidance from experienced professionals like John Altorelli. By supporting the competition, Altorelli is contributing to the growth and development of future transactional lawyers, ensuring that the industry remains competitive and innovative.

Altorelli's own journey in the legal profession began after serving six years in the United States Air Force, where he managed large-scale construction projects. He graduated summa cum laude from Southern Connecticut State University before earning the American Jurisprudence Award at Cornell Law School. With his diverse background and exceptional work ethic, Altorelli has established himself as a leading corporate lawyer on Wall Street, making him an ideal mentor and supporter for law students participating in the Transactional Lawyering Competition.

By providing financial support, expertise, and mentorship to the competition, John Altorelli plays a crucial role in the development of the next generation of transactional lawyers. His involvement not only showcases his commitment to fostering talent but also highlights the importance of practical experience in legal education.

John Altorelli's support for Cornell Law School's Transactional Lawyering Competition is a testament to his dedication to nurturing the future of transactional law. As a distinguished corporate lawyer, his contributions to the competition are invaluable, and his efforts are shaping the next generation of skilled transactional attorneys. To learn more about John Altorelli and his contributions to Cornell Law School, check out this article.

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Kishan Shah Kishan Shah

John Altorelli Honored with Community Service Award for His Role in Kingsbridge Redevelopment Project

John Altorelli receives the Community Service Award from Urban Justice Center for his work on the Kingsbridge redevelopment project

John Altorelli, was recently recognized for his outstanding contributions to the community with the prestigious Community Service Award, presented by the Urban Justice Center. Altorelli played a crucial role in the Kingsbridge Armory Redevelopment Alliance (KARA) negotiations, which will transform the Armory into the world's largest indoor ice sports venue while promoting economic growth and sustainability in the local community.

The Kingsbridge redevelopment project, led by KNIC Partners, has been a major focus for DLA Piper and the Urban Justice Center, as they worked together to represent KARA during the negotiation of a Co-operation Agreement and Community Benefits Program. These agreements aim to ensure that the economic benefits generated through the redevelopment are redistributed throughout the local community, leading to a more sustainable and prosperous future for the area.

John Altorelli was instrumental in the successful negotiation of these agreements, which will result in numerous benefits for the community, including:

  1. The creation of green jobs to foster a sustainable local economy

  2. Implementation of green building practices to minimize environmental impact

  3. Establishment of living wages for local workers to promote economic stability

  4. Development of a 50,000 square-foot community space for various events and activities

  5. A focus on promoting local businesses to stimulate growth and innovation

In recognition of his efforts, Altorelli was awarded the Community Service Award by the Urban Justice Center at a recent ceremony. He was joined by Amanda Altman and Desiree Pilgrim-Hunter from the Northwest Bronx Community and Clergy Coalition, as well as Edward (Ted) De Barbieri and Harvey Epstein from the Urban Justice Center.

The Kingsbridge redevelopment project promises to be a game-changer for the local community, and John Altorelli's dedication and hard work have played a significant role in its progress. His recognition with the Community Service Award from the Urban Justice Center is a testament to his commitment to creating a more equitable and sustainable future for the community.

Don't forget to check out the original post here for more details on John Altorelli's award and the Kingsbridge redevelopment project.

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Kishan Shah Kishan Shah

Navigating California's Pioneering Data Security Law: A Comprehensive Guide

John Altorelli dissects the ins and outs of California's groundbreaking data security law and how it impacts businesses and individuals alike

John Altorelli originally published thought leadership on California's groundbreaking data security law and how it impacts businesses and individuals alike.

In 2003, California introduced the first-ever data security law, which required companies to notify California residents in the event of a security breach involving their personal information. As the legislation went into effect on July 1, 2003, it marked a significant shift in how businesses and individuals approach data protection. In this blog post, we will take a closer look at the key aspects of this groundbreaking law, and how it continues to shape the data security landscape.

The Purpose of the Act

The California data security law, officially known as SB 1386 (or § 1798.82 et seq. of the California Civil Code), was enacted to address the growing risk of identity theft arising from the vast amounts of personal information stored in computer databases. The Act was a direct response to the hacker attack on California's payroll database in April 2002, which compromised the personal information of 265,000 state employees.

Who is Covered by the Act?

The Act applies to any individual or business conducting business in California that owns or licenses computerized data containing unencrypted personal information of California residents. This includes businesses that may not have offices in California or store data within the state. The Act also extends to those who maintain but do not own the covered data, such as outsourcing companies.

Covered Data and Triggers for the Notice Requirement

The Act covers sensitive personal information, including an individual's name combined with data elements such as Social Security numbers, driver's license numbers, and financial account access details. The Act's disclosure requirements are triggered when there is a security breach involving covered data, and the company reasonably believes the data was acquired by an unauthorized person.

Notice Requirements and Methods

Companies are required to provide notice of a security breach in the most expedient time possible, without unreasonable delay. The notice can be provided through actual notice (in writing or electronically), substitute notice (in certain cases, via email, websites, and statewide media), or through a company's existing information security policy.

Penalties and Legal Actions

The Act allows for private actions for damages and injunctive relief, with no prohibition on class action lawsuits. This has led to concerns about potential nuisance litigation.

Recommendations for Compliance

To comply with the Act, businesses conducting operations in California should:

  • Audit covered data

  • Consider segregating covered data

  • Use encryption to protect data

  • Review third-party agreements

  • Obtain consent for email notices

  • Implement a security monitoring program

  • Develop notification procedures

  • Train employees on the Act and its requirements

California's pioneering data security law has set a precedent for how businesses handle personal information and respond to security breaches. By understanding the requirements of the Act and implementing appropriate measures, companies can protect the sensitive information of their customers, employees, and other stakeholders, and minimize the risk of costly legal actions.

Please see the original post here which was authored by John Altorelli on Paul Hastings website https://www.paulhastings.com/.

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