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In the Marketplace
Ober|Kaler of Baltimore has announced that Ethan Blank has joined the firm's Lending & Leasing Group as a principal. Formerly of Fulbright & Jaworski LLP in New York, Blank's transactional experience spans equipment leases, secured loans, asset securitizations, complex cross-border struc-tured financings, and restructurings both in and out of bankruptcy. Working from Ober|Kaler's headquarters in Baltimore, he will continue to structure, draft, and negotiate complex financing transactions on behalf of financial institutions, leasing companies, and operators of commercial and business aircraft, railcars, and vessels.
Fifth Third Bancorp of Cincin-nati has announced the promotion of James A. Merz to vice president. In his new position, Merz will serve as team leader of the Equipment Manage-ment Group. He will be responsible for overseeing the direction of The Fifth Third Leasing Company's Equip-ment Management Group.
Barry S. Marks and Ken Weinberg announce the formation of Marks & Weinberg, P.C., a law firm located in Birmingham, AL, with a national practice focusing on equipment leasing and finance, including documentation, litigation, and bankruptcy. Marks is a long-time member of the Board of Editors of this publication and the Journal of Equipment Leasing Financing, a former member of the Equipment Leasing Association's legal committee, and former counsel to the National Association of Equipment Leasing Brokers. Wein-berg is a regularly featured columnist and has also authored many articles in this and other periodicals. The firm's Web site, www.leaselawyer.com, contains more information about the firm.
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?