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O'Melveny & Myers LLP has announced that Michael J. Sage, formerly the co-chair of Stroock & Stroock & Lavan LLP's Financial Restructuring Group, along with fellow former Stroock partners Gerald C. Bender, Doron Lipshitz, and Patricia M. Perez, have joined O'Melveny's New York office. Sage will be co-head of O'Melveny's Business Restructuring and Reorganization Group, along with San Francisco-based partner Suzzanne Uhland. Sage, a member of this Newsletter's Board of Editors, has a restructuring practice that focuses on the representation of funds, with a particular emphasis on the M&A aspects of bankruptcy practice. Private equity and distressed debt funds are a focal point of his expertise. He represents ad hoc bondholder committees, official creditors' committees, acquirers, and debtors in bankruptcy proceedings and out-of-court restructurings.
FTI Consulting, Inc. has announced the launch of a London-based European restructuring advisory practice and has hired 11 leading restructuring professionals with significant experience and proven reputations in the European marketplace. The London team is led by Senior Managing Directors Kevin Hewitt, Paul Inglis and David Morris, who were formerly partners within Ernst & Young's restructuring practice. The introduction of this practice marks a key step in FTI's plans to build a European restructuring practice with complementary transaction advisory capabilities.
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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.
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.
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.
In 1987, a unanimous Court of Appeals reaffirmed the vitality of the "stranger to the deed" rule, which holds that if a grantor executes a deed to a grantee purporting to create an easement in a third party, the easement is invalid. Daniello v. Wagner, decided by the Second Department on November 29th, makes it clear that not all grantors (or their lawyers) have received the Court of Appeals' message, suggesting that the rule needs re-examination.