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A broad spectrum of companies in a range of industries is taking advantage of the Internet, advancements in operational systems, and globalization to access new markets and achieve growth. In doing so, many companies are expanding their operations beyond their traditional domestic markets and jurisdictions into new states, new territories, and new countries. When company transactions and legal issues cross borders ' so-called trans-jurisdictional transactions ' companies begin facing expansive and complex legal issues related to those transactions.
This three-part series addresses emerging legal topics that are critical to the three key phases of trans-jurisdictional transactions: 1) the contracting phase before a dispute arises; 2) the information-gathering phase if/when a dispute arises; and 3) the collection/execution phase after a judgment is obtained and debts are owed. The series, which starts from the collection/execution phase and works backwards to the pre-dispute contracting phase, provides guidance to companies attempting to navigate the increasingly nuanced landscape of trans-jurisdictional transactions.
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.