Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

In The Marketplace

By ALM Staff | Law Journal Newsletters |

GMAC Commercial Finance of Southfield, MI has announced that Richard Newman recently joined the company's Equipment Finance Division as vice president of the Capital Funding Group's project finance team, in Houston, TX. Newman, previously with Compass Bank, will now be responsible for managing the division's midstream efforts. Midstream is a term describing energy infrastructure assets such as pipelines, port facilities and small refineries as well as oil and gas gathering equipment.

Stevens & Lee of Philadelphia and Salomon Green & Ostrow of New York have jointly announced merger of their practices effective Jan. 1, 2005. Seven former Salomon Green & Ostrow lawyers, including Chester Salomon, David Green, Alec Ostrow, Nicholas Kajon, Walter Benzija, Jocelyn Keynes and Constantine Pourakis, and two paralegals and related staff, will join Stevens & Lee and will remain in the combined firm's New York City office at Salomon Green's former 485 Madison Avenue location. Salomon Green, a notable bankruptcy boutique firm, has made a reputation representing parties in reorganization and liquidation, trustees, examiners, creditors' committees, landlords, equipment lessors, litigants and asset purchasers in bankruptcy proceedings in the Southern and Eastern Districts of New York and throughout the country. Stevens & Lee is a full service firm with offices in Princeton and Cherry Hill, NJ; Philadelphia, Valley Forge, Reading, Lancaster, Harrisburg, the Lehigh Valley, Scranton and Wilkes-Barre, PA; Wilmington, DE; and now, New York City.

Read These Next
The Article 8 Opt In Image

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.

Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers Image

There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.

Major Differences In UK, U.S. Copyright Laws Image

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.

Strategy vs. Tactics: Two Sides of a Difficult Coin Image

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.

When Is a Repair Structural or Nonstructural Under a Commercial Lease? Image

A common question that commercial landlords and tenants face is which of them is responsible for a repair to the subject premises. These disputes often center on whether the repair is "structural" or "nonstructural."