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Move Over Letterman: Top Ten List of Mistakes by Franchise Filers
Dale Cantone, deputy securities commissioner in the Securities Division of the Maryland Attorney General's Office, is the supervisor of the state's reviewers of franchise registration applications. At the recent International Franchise Association Legal Symposium, Cantone offered the following as his 'Top Ten' list of mistakes that he sees from filers of franchise applications.
10. Failure to read Uniform Franchise Offering Circular (UFOC) guidelines and instructions.
9. List jumping. Many states review applications in the order in which they are received, so by filing the cover letter and registration fee but not the UFOC an applicant may be trying to leapfrog another applicant. But getting an incomplete application just wastes an examiner's time and results in additional correspondence, said Cantone.
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?