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In the Marketplace
Chrysler Financial of Farmington Hills, MI has announced that it will cease leasing in Rhode Island beginning Aug. 1, 2005, if the current vicarious liability legislation passed by the state legislature 2 years ago lapses without being renewed by June 30, 2005. The company noted that if the current law lapses, Rhode Island will be left with an unlimited vicarious liability law that holds the “owner” of a motor vehicle responsible for personal injury and property damage caused by the driver of a leased vehicle, regardless of any fault or responsibility of the leasing company. With leasing, the finance company holds the title to the vehicle and therefore has significant exposure under the unlimited vicarious liability statutes. In 2004, Chrysler Financial ceased leasing in New York due to the state's unlimited vicarious liability law.
Applied Financial of Midvale, UT has named James L. Christensen as president of the company. He previously worked with the company since its inception as general counsel. The company also announced a new $25 million operating line with Wells Fargo Bank, which will give Applied Financial enhanced direct lending capabilities, as well as a significantly lower cost of funds. Dave DiCesaris, who formerly carried the title of president and CEO, will continue to function as CEO, focusing his efforts on new growth strategies and initiatives.
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.
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.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
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.