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BBVA Compass of Houston, TX, has established a new division offering equipment leasing and financing to companies across the nation that need everything from new aircraft to rail cars and medical equipment. Mark Marinik, who will be based in Cleveland, OH, leads the new division, BBVA Compass Equipment Finance, but there will be production offices in other cities. He will serve as executive vice president and director of commercial equipment finance. Marinik previously served as president of ICX Corp., the leasing affiliate of Charter One.
Bloom Energy of Sunnyvale, CA, has unveiled a new leasing program with Bank of America Merrill Lynch to finance Bloom Energy projects for on-site power at customer facilities. The program streamlines customer deployment of Bloom Energy Servers, and eliminates the need for an upfront capital investment. BofA Merrill announced a multi-million dollar commitment to the program's two initial projects ' the TaylorMade-Adidas Golf Company manufacturing facility in Carlsbad, CA, and the Honda Center in Anaheim, CA.
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.
A common question that commercial landlords and tenants face is which of them is responsible for a repair to the subject premises. These disputes often center on whether the repair is "structural" or "nonstructural."