Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Using Technology to Lease Technology
Once all the variables are determined, a mathematical algorithm may generally be used to determine the lease rate, assuming that some general assumptions beyond the specific ones mentioned above remain static.
In the early days of leasing, before computers enabled lessors to calculate rentals easily, most lessors used the ever-famous 'blue book' to determine lease pricing. For those of you too young to remember vinyl LP records, telephones with dials, and television sets that only showed black and white pictures, the 'blue book' was a rather thick reference manual filled with lease rate factors for various combinations of the variables mentioned above. Naturally, while the blue book was useful for some combinations, it was not useful for all combinations, and many times the lease practitioner had to make estimates of rates by interpolating between two rates.
Technology quickly changed all that and put the blue book industry out of business. Computer software quick-ly enabled sales representatives in the field to quickly and easily enter data and to receive back an accurate price quote based on that data.
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.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?
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.