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In the Marketplace
The RVI Group of Stamford, CT, has appointed Sharon N. McKenna Vice President, Aircraft Risk and Asset Management. She will be responsible for all underwriting of commercial and general aviation transactions, performing risk analysis, preparing appraisals and conducting surveillance of RVI's aircraft portfolio. In addition, McKenna will support the production of new business and the development of new products.
In a separate announcement by RVI, John F. Napierkowski has joined the company in the newly created position of Vice President, Commercial Equipment Underwriting. Napierkowski will be working alongside Sharon McKenna and will be responsible for generating and overseeing the analysis of all commercial equipment transaction underwriting excluding aircraft, performing risk analyses based on industry, asset and market research, conducting surveillance of RVI's commercial equipment portfolio, and supporting production of new products and business.
Huntington Bancshares Inc. of Columbus, OH, has signed a definitive agreement to purchase Bloomfield Hills, MI-based Macquarie Equipment Finance, Inc. Under the terms of the agreement, Huntington will acquire approximately $900 million of assets and assume approximately $630 million of debt, securitizations, and other liabilities.
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.
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.
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.
The Stranger to the Deed Rule
In 1987, a unanimous Court of Appeals reaffirmed the vitality of the "stranger to the deed" rule, which holds that if a grantor executes a deed to a grantee purporting to create an easement in a third party, the easement is invalid. Daniello v. Wagner, decided by the Second Department on November 29th, makes it clear that not all grantors (or their lawyers) have received the Court of Appeals' message, suggesting that the rule needs re-examination.
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.