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In The Marketplace
Hitachi Capital America Corp. of Norwalk, CT has promoted William H. Besgen to president and chief operating officer. He succeeds Yuichiro “Ron” Shimada, formerly president and CEO, who retains the position of CEO. Besgen joined Hitachi in April 1990 as executive vice president and chief operating officer. His career began at Citicorp where he worked for 21 years as a vice president, having a number of senior management responsibilities, primarily in its various equipment finance/leasing businesses. Hitachi Capital America is a subsidiary of Hitachi Capital Corporation of Tokyo and Hitachi's independent U.S. finance company.
CIT Group Inc. of Livingston, NJ has announced that its Board of Directors has elected Jeffrey M. Peek as the company's president and chief executive officer. Peek had previously served as CIT's president and chief operating officer. Albert R. Gamper, Jr., who had served as chief executive officer since 1987, will remain as chairman until his retirement on Dec. 31, 2004. Peek joined CIT and its Board in September 2003, as part of a succession plan aligned with Gamper's desire to transition CIT's leadership and executive responsibilities. Prior to joining CIT, Peek was vice chairman of Credit Suisse First Boston LLC and held a number of executive positions at Merrill Lynch.
Hitachi Capital America Corp. of Norwalk, CT has promoted William H. Besgen to president and chief operating officer. He succeeds Yuichiro “Ron” Shimada, formerly president and CEO, who retains the position of CEO. Besgen joined Hitachi in April 1990 as executive vice president and chief operating officer. His career began at
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.
The Stranger to the Deed Rule
In 1987, a unanimous Court of Appeals reaffirmed the vitality of the "stranger to the deed" rule, which holds that if a grantor executes a deed to a grantee purporting to create an easement in a third party, the easement is invalid. Daniello v. Wagner, decided by the Second Department on November 29th, makes it clear that not all grantors (or their lawyers) have received the Court of Appeals' message, suggesting that the rule needs re-examination.