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In the Marketplace
SunTrust Banks, Inc. of Atlanta has announced that Brian K. Scherer has been named senior vice president, director of the Equipment Management Group for SunTrust Equipment Finance & Leasing Corp., the company's subsidiary that provides essential-use equipment financing for businesses and municipalities. He will be responsible for managing all aspects of the leasing company's capital equipment including collateral evaluations, portfolio management, asset disposition and renewal negotiation. Scherer has held key positions in asset management as well as general management at Cargill Leasing Corporation, GE Capital Vendor Finance, Compaq Capital, GATX Technology Services, and most recently, Deutsche Leasing USA.
The Alta Group has announced that Bob Neptune has joined the consultancy to help expand Alta's advisory services for companies involved in state, municipal and federal leasing. Neptune has an extensive background in governmental leasing and is the former president of De Lage Landen Public Finance. Neptune's hiring reinforces the belief that while some companies shed their governmental leasing programs following the economic downturn in 2008, they are now returning to the market. He will be based in Kansas City, MO.
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.