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The 'Gray Divorce' Phenomenon
An 82-year-old client recently requested a divorce from her husband of 57 years. When asked why, she responded, “I want to live a little before I die.” And she is far from the only one.
A study conducted in 2014 reveals that the divorce rate for individuals 50 years and older has doubled in the last 20 years. Susan L. Brown, I-Fen Lin, “The Gray Divorce Revolution: Rising Divorce Among Middle-Aged and Older Adults,” National Center for Family & Marriage Research Working Paper Series, (March 2013), http://bit.ly/2c1MjRl. Two decades ago, individuals 50 and older accounted for about 10% of divorces. Kristin Haugk, “Divorce While Retired: Three Ways to Avoid More Pain,” The Oxford Club (May 16, 2016), http://bit.ly/2cwkYSw. But recently, the divorce rate for this age group spiked to approximately 25%. Id. What's more, approximately half of those divorces occurred in first marriages. Id.
When baby boomers walked down the aisle, they typically considered it was “'til death do us part.” However, in the intervening years, divorce has become widespread and destigmatized. As a result, divorce rates for people in their 50s, 60s and older ' the so-called “gray divorces” ' have soared.
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.
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.
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.