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In mid-November, a number of corporations joined in the debate and lobbying over the Stop Online Piracy Act (SOPA, H.R. 3261; http://1.usa.gov/rrzNee), a new piece of legislation introduced in October by House Judiciary Committee chairman Lamar Smith (R-TX) that is being considered by that committee. The legislation is designed to “[t]o promote prosperity, creativity, entrepreneurship, and innovation by combating the theft of U.S. property, and for other purposes,” according to its preamble. (The bill is a companion to the Senate's “Preventing Real Online Threats to Economic Creativity and Theft of Intellectual Property Act (Protect IP),” S.968, introduced in May by Sen. Patrick Leahy (D-VT).) Protect IP passed the Senate Judiciary Committee but was put on hold by Sen. Ron Wyden (D-OR) because, he said in a press release on his website, while he “agree[s] with the goal of the legislation, to protect intellectual property and combat commerce in counterfeit goods,” he is ” not willing to muzzle speech and stifle innovation and economic growth to achieve this objective.” (http://1.usa.gov/mLGLYK.)
Pros and Cons
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.
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.
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.