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EverBank Commercial Finance, Inc. of Parsippany, NJ has named Greg Sanker as business development manager of the company's Healthcare Platform. He will be responsible for enhancing the platform's business development efforts and pursuing opportunities to expand the company's client base to include manufacturers in the life sciences and other medical disciplines. Sanker joins EverBank from Merchandise Mart Properties, Inc., a wholly owned subsidiary of Vornado Realty Trust, where he was responsible for signing medical device and technology makers to leases in the Cleveland Medical Mart. He previously worked for Citigroup, where he was responsible for business development activities in the health care, hospital, industrial and government sectors.
Signature Bank of New York has announced that it has formed a new subsidiary, Signature Financial, LLC, which marks the bank's entry into the specialty financing arena. Signature Financial is a specialty finance company, focused on equipment finance and leasing, transportation financing and taxi medallion financing. Combined with the bank's current taxi medallion finance business, Signature Bank enhances its market position in this field.
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.
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.
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.
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.