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IN THE MARKETPLACE
Fulbright & Jaworski LLP of New York has announced the expansion of its public finance and asset finance practices with the addition of five attorneys who were previously with the New York office of O'Melveny & Myers LLP. Among these five attorneys is Stan Ladner who will join the firm as a partner. He concentrates his practice on public finance matters, leasing transactions and financial products. Ladner was the former head of O'Melveny's New York office's leasing practice and has substantial experience in leasing, both domestic and cross-border, with an emphasis on transportation and utility transactions. He also has substantial experience in the use and development of financial products, including caps, collars, float contracts, swaps, forward delivery arrangements, guaranteed investment arrangements, indexed notes, municipal call rights, options and repurchase agreements.
Smith Debnam Narron Wyche Saintsing & Myers, LLP of Raleigh, NC has announced that Byron L. Saintsing, a partner and head of its Construction and Leasing Practice Group, has become the firm's newest named partner. A partner since 1993, Saintsing leads a practice group whose attorneys concentrate on matters of construction law, commercial and business litigation, representation of equipment lessors and creditor bankruptcy.
Stroock & Stroock & Lavan LLP of New York has announced that Jeffrey Stern has joined the law firm as a partner. He was previously with the firm of Thatcher Proffit & Wood, where he practiced in its structured finance, global finance and Latin American groups. Stern has broad experience in structured finance, with a particular focus on collateralized debt obligations (CDOs), credit default swaps and other synthetic risk-transfer structures, 'exotic' ABS classes, as well as commercial paper conduits. His recent focus has been on CDOs secured by new asset classes and synthetic portfolio securitizations. Stern has also worked extensively in the field of Latin American securitization, with a particular focus on securitization transactions in Mexico.
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 Anti-Assignment Override Provisions
UCC Sections 9406(d) and 9408(a) are one of the most powerful, yet least understood, sections of the Uniform Commercial Code. On their face, they appear to override anti-assignment provisions in agreements that would limit the grant of a security interest. But do these sections really work?