Word of the day
- feisty December 27, 2024Merriam-Webster's Word of the Day for December 27, 2024 is: feisty • \FYE-stee\ • adjective Feisty describes someone who has or shows a lively aggressiveness especially in being unafraid to fight or argue. In some regions of the US, feisty may also be used as a synonym of fidgety, quarrelsome, or frisky. // Even her […]Merriam-Webster
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On This Day
1973 – Launch of the LexisNexis computerized legal research service.
LexisNexis Group is a corporation providing computer-assisted legal research as well as business research and risk management services.[2][3] During the 1970s, LexisNexis pioneered the electronic accessibility of legal and journalistic documents.[4] As of 2006, the company has the world’s largest electronic database for legal and public-records related information.[5]
History
Currently a division of RELX Group (formerly Reed Elsevier),[6] LexisNexis was first a product of the Mead Data Central company.[3][5]
The Anglo-Dutch publishing company Reed Elsevier has owned LexisNexis and its predecessor company since 1994. At its inception in 1970, the database was named LEXIS by Mead Data Central (MDC), a subsidiary of the Mead Corporation. It was a continuation of an experiment organized by the Ohio State Bar in 1967.
On April 2, 1973, LEXIS launched publicly, offering full-text search in all Ohio and New York cases. In 1980, LEXIS completed its hand-keyed electronic archive of all U.S. federal and state cases. The NEXIS service, added that same year, gave journalists a searchable database of news articles.[7] LexisNexis’ world headquarters is located in New York City, United States.[1] In 1989, MDC acquired the Michie Company, a legal publisher, from Macmillan.[8]
When Toyota launched the Lexus line of luxury vehicles in 1987, Mead Data Central sued for trademark infringement on the grounds that consumers of upscale products (such as lawyers) would confuse “Lexus” with “Lexis”. A market research survey asked consumers to identify the spoken word “Lexis”. Survey results showed that a nominal number of people thought of the computerized legal search system; a similarly small number thought of Toyota’s luxury car division.[9] A judge ruled against Toyota, and the company appealed the decision.[10][11] Mead lost on appeal in 1989 when the Court of Appeals for the 2nd Circuit held that there was little chance of consumer confusion.[12] Today, the two companies have an amicable business relationship, and in 2002 implemented a joint promotion called “Win a Lexus on Lexis!”
In December 1994, Mead sold the LexisNexis system to Reed Elsevier for $1.5 billion. The U.S. state of Illinois subsequently audited Mead’s income tax returns and charged Mead an additional $4 million in income tax and penalties for the sale of LexisNexis; Mead paid the tax under protest, then sued for a refund in an Illinois state court. On April 15, 2008, the U.S. Supreme Court agreed with Mead that the Illinois courts had incorrectly applied the Court’s precedents on whether Illinois could constitutionally apply its income tax to Mead, an out-of-state, Ohio-based corporation.[13] The Court reversed and remanded so that the lower courts could apply the correct test and determine whether Mead and Lexis were a “unitary” business.
In 2000, LexisNexis purchased RiskWise, a St. Cloud, Minnesota company.[14] Also in 2000, the company acquired the American legal publisher Matthew Bender from Times Mirror.[15] In 2002 it acquired a Canadian research database company, Quicklaw. In 2004, Reed Elsevier Group, parent company of LexisNexis, purchased Seisint, Inc, from founder Michael Brauser[16] of Boca Raton, Florida.[17] Seisint housed and operated the Multistate Anti-Terrorism Information Exchange (MATRIX).
On March 9, 2005, LexisNexis announced the possible theft of personal information of some Seisint users. It was originally estimated that 32,000 users were affected,[18] but that number greatly increased to over 310,000.[19] Affected persons were provided with free fraud insurance and credit bureau reports for a year. However, no reports of identity theft or fraud were discovered to have stemmed from the security breach.[citation needed]
In February 2008, Reed Elsevier purchased data aggregator ChoicePoint (previous NYSE ticker symbol CPS) in a cash deal for US$3.6 billion. The company was rebranded as LexisNexis Risk Solutions.[20]
In November 2014, LexisNexis Risk Solutions bought Health Market Science (HMS), a supplier of high quality data about US healthcare professionals.[21]
Born On This Day
1923 – Gloria Henry, American actress
Gloria Henry (born Gloria McEniry; April 2, 1923) is an American actress, best known for her role as Alice Mitchell, Dennis’s mother, from 1959 to 1963 on the CBS family sitcom, Dennis the Menace.
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wikimedia
- Wikimedia Commons picture of the day for December 28 December 28, 2024Picture of the day Satellite picture of the Etna volcano erupting in eastern Sicily (Italy) in December 2018.
- Wikimedia Commons picture of the day for December 27 December 27, 2024Picture of the day The Seehornsee in the Berchtesgaden Alps. On the right the normal route to the Seehorn.
Recipes
The Happy Foodie: Creme Egg Cupcakes
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