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Key Equipment Finance of Superior, CO has announced the appointment of Kevin Freidheim as vice president and director of the company's construction and industrial segment. He will be responsible for overseeing Key Equipment Finance's lease programs for construction and industrial equipment dealers and manufacturers. Key Equipment Finance recently acquired American Express Business Finance, the equipment leasing unit of American Express' small business division.
Sovereign Bank of Wyomissing, PA has announced that Peter A. Ferrara, Sr., managing director of the Commercial Equipment and Vehicle Financing Division, will relinquish his day-to-day responsibilities as head of the division. He will remain with the bank as an executive vice president, focusing on assisting the bank in developing new products and services for business owners. Peter LaMariana, senior market manager for the Commercial Equipment and Vehicle Financing Division, will be responsible for managing the group's day-to-day activities. The division will become a part of Sovereign's Equipment Leasing group under the management of J. Christopher Swanton, managing director.
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.
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.
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.
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.
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.