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Better e-Billing by Leveraging Experience and Relationships
Taking note of the lack of progress encouraged me to sit down and seriously evaluate what's working, what's not, and what practical steps we can take to help move this industry in the right direction. In doing so, I reviewed numerous surveys, white papers and forum conversations, and spoke with law firms, vendors and clients so that I could augment our experience.
A Mixed Bag
To begin, I have to play devil's advocate to the survey respondents. Out of the 51 clients with whom we engage in e-billing, at least a dozen are trouble free, and many of those clients routinely have payment in our account within 10 business days of the invoice date. Most amazing are the frequent payments within five to 10 business days from international clients who might not have even received the invoice in that period before e-billing. Also, because invoices go straight from pre-bill approval to e-billing, rather than through a second round of circulation in final paper form, there is no doubt that we are saving soft costs in lawyer and staff review time.
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.
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.
The Stranger to the Deed Rule
In 1987, a unanimous Court of Appeals reaffirmed the vitality of the "stranger to the deed" rule, which holds that if a grantor executes a deed to a grantee purporting to create an easement in a third party, the easement is invalid. Daniello v. Wagner, decided by the Second Department on November 29th, makes it clear that not all grantors (or their lawyers) have received the Court of Appeals' message, suggesting that the rule needs re-examination.