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In the Marketplace
Siemens Financial Services of Iselin, NJ has released a new study showing that American and European companies are once again making investments in new technology a priority. The research project, completed in May, revealed that most companies on both sides of the Atlantic increased tech spending in 2004 and plan to continue doing so over the next year. Those companies spending more this year intend to invest at a higher rate than those that increased spending in 2004.
Among the key findings of the Siemens research are:
- 67% of U.S. companies report an IT spending rebound, with half planning to increase current levels this year.
- On most indicators studied, Germany tends to lag behind other countries, but shows strong signs of mirroring the technology investment growth path of its European neighbors.
- IT replacement cycles are longest in the United States and France, shortest in the United Kingdom and Germany.
- Server replacement cycles are longest in the United States and United Kingdom.
- Technology finance is strongly available in the United States, United Kingdom and France, less so in Germany.
GE Commercial Finance of McLean, VA has announced the launch of a federal leasing unit, Federal Finance Solutions, within the GE Commercial Finance family of businesses. The new unit will be staffed by transaction team leader, Robert Whartenby; operations counsel, Jack White; customer solutions leader, Toni McCurry; aircraft and technology segment leader, Patrick Hanner; and energy segment solutions leader, Andy Rubin.
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.
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.
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.
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.
Transfer Tax Implications on Real Property Leases
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.