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In The Marketplace
The Alta Group of Glenbrook, NV has named Charles Taylor as an associate in Alta's London-based European unit, which specializes in asset finance, cash handling and electronic payments, sales and marketing and turnaround management for companies in distress. Taylor spent more than 20 years managing the leasing program at North West Securities Ltd. (Bank of Scotland) where he arranged more than '150 million in head lease transactions a year for the branch network and was a part of the big-ticket team that launched Gerrard & National Leasing, Union Discount Leasing and others. Later as a managing director at Sovereign Finance PLC he turned cumulative losses of '145 million into '20 million profit and sold the business to Alliance & Leicester. He was later appointed commercial bank director of Alliance & Leicester in charge of all its commercial lending.
American Bank of St. Paul, MN has appointed Paul Odlaug as vice president, commercial banking, leasing specialist. With more than 25 years of experience in the equipment finance and leasing industry, Odlaug has been involved in all aspects of equipment financing and leasing. His experience ranges from large multinational corporations like GE Capital and Citicorp to small, independent firms. American Bank was created in 2002 through the merger of Midway and Dakota Banks and is the largest independently-owned bank headquartered in the Twin Cities metro area.
Halliburton Energy Services of Houston has announced that it has elected CitiCapital Fleet to provide leasing and fleet management services for its fleet of 6,500 vehicles. CitiCapital Fleet is one of the largest vehicle leasing and management companies in the nation, managing commercial fleets ranging in size from 50 to 15,000 vehicles. The company and its affiliates manage a total portfolio of more than 336,000 cars, vans, light, medium and heavy-duty trucks in North America
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.
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.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?