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In the Marketplace
Barbara Goodstein of Mayer Brown LLP in New York has been named the 2015 Recipient of the Edward A. Groobert Award for Legal Excellence by The Equipment Leasing and Finance Association (ELFA). Goodstein has been an active member of the ELFA for over a decade and is currently a member of ELFA's Legal Committee Subcommittee on Air, Rail and Marine. She served as a member of the association's Legal Committee from 2002 to 2004 and as a member of the ELFA Board of Directors from 2004 to 2007. She is also a member of this newsletter's Board of Editors.
Santander Bank, N.A. of Boston announced that Vincent Belcastro has been appointed group head of equipment finance. He will be responsible for growing the team and business focused on financing activities for equipment lending, leasing, and structured finance on a national scale. Belcastro formerly held management positions at CIT Group Inc., Citibank, Republic National Bank and Bankers Trust ( Deutsche Bank ).
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.
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.
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.
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.
When Is a Repair Structural or Nonstructural Under a Commercial Lease?
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."