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IN THE MARKETPLACE
De Lage Landen Financial Services, Wayne, PA, appointed Rita Di Martino executive vice president and chief operating officer. She reports directly to Ronald Slaats, chairman of the Americas Division of De Lage Landen International B.V., and serves as a member of the Senior Leadership Team. Di Martino previously served as senior vice president, chief information officer, group manager-Operations & Technology for Fleet Capital Leasing.
42 North Structured Finance, Inc., Boston, announced two appointments: Suzanne H. McElyea, CPA, is managing director, origination. She previously served as director, transactions services at PricewaterhouseCoopers, where she focused on structuring large real estate and equipment purchases for corporate clients. McElyea will be based in Dallas.
Philip J. Hetzner was named vice president, origination, specializing in project finance transactions for 42North, Boston. He was previously employed at K&M Engineering and Consulting Corporation, where he was responsible for power project development and finance. Hetzner specializes in optimally structuring projects during the development phase in order to achieve the most efficient financing. He will be based in Boston. 42 North is a specialty finance company providing advisory, origination and syndication services for equipment and real estate financings and was organized in May 2002 by former employees of Key Global Finance.
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?