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In the Marketplace
Winston & Strawn LLP has launched a transportation-structured finance practice. Bill Bowers will serve as chair of this new group, which brings together more than 25 attorneys based in the firm's New York, Chicago, London and Washington, DC, offices. The group will focus on structured finance and securitization financings for the full range of transportation assets, including aircraft, aircraft engines, ships, railroad rolling stock, and containers; as well as the restructuring, transfer, and repackaging of such financings. They represent banks, underwriters, placement agents, issuers, lenders and liquidity providers in such financings, as well as a wide range of asset users ' U.S. and foreign airlines, operating lessors, shipping companies, railroads and trucking companies.
Vedder Price P.C. announced that Raviv Surpin has joined the firm's Los Angeles office as a shareholder on the Global Transportation Finance (GTF) team. Surpin works with operating lessors, borrowers, finance companies, manufacturers and investors in all manner of aircraft finance transactions. He previously served as vice president & corporate counsel at International Lease Finance Corporation/AerCap (ILFC/AerCap).
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."