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Up Against a Chinese Drywall
Homeowners from 42 states, the District of Columbia, American Samoa, and Puerto Rico have reported concerns about drywall imported from China and installed in their homes. These homeowners believe that health symptoms and the corrosion of metal components in their homes are related to Chinese drywall. The reports began to arrive in force in 2009 and have triggered the largest consumer product investigation in the history of the federal Consumer Product Safety Commission (“CPSC”).
Drywall, also known as wallboard or plasterboard, is an essential element in residential construction. Home builders in the United States historically used domestically produced drywall, composed primarily from gypsum, a mineral. However, the housing boom of 2004-2006, and the scramble for materials that followed the 2004-2005 hurricanes, led suppliers to import vast amounts of drywall from China to keep up with demand. According to the CPSC, more than 550 million pounds of drywall and associated building materials were imported from China to the United States between 2006-2007. According to the investigations, use of Chinese drywall was widespread, but the vast majority of the product was used in Florida, Louisiana and Virginia.
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.
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.
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.
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.