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Editor's Note: New York often serves as a leading venue for concepts in matrimonial law. Although states differ widely on valuation issues such as personal and organizational goodwill, the concept of value to a professional license or degree has a certain amount of differentiation to the marital pot.
A Case Study
Jim and Sally were in love. They knew they were meant to be from the moment they first met. They married during their junior year in college; Sally was a pre-law student, Jim, pre-med. Alas, the fairy tale didn't last. In order to make ends meet, Sally dropped out of college and worked as a waitress to put Jim through college and med school, and to survive financially during his internship and residency. Shortly after Dr. Jim finished his fellowship in vascular surgery and set up his practice in the pricey Upper East Side of Manhattan, he announced to Sally he was starting a new fairy tale with his nurse'
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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 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.
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