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Computing, like technology in general, continues to evolve at breakneck speed. Sixty years ago, a single computer commanded an entire room. Ten years ago, hundreds of desktop computers stationed around an office building were powered by servers humming away in a central vault. Most recently, technology has advanced beyond the physical to the ethereal ' computers, which fit in the palm of the hand, now rely on the “Cloud” for storing and retrieving information.
While computing technology has advanced in leaps and bounds, attorneys have struggled to keep pace with the rapid changes to the way our society works and communicates. This is especially true when it comes to legal ethics. Attorneys must remember that while the technology has changed, the ethics rules have not ' the same rules apply in the Cloud as on the Earth, and the benefits of technology do not come without potential ethical pitfalls.
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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.
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.
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.
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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.