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In the Marketplace
The Equipment Leasing and Finance Association ('ELFA') has announced its new Board of Directors and Officers, who will serve until October 2008. William H. Verhelle, CEO and founder of First American Equipment Finance, was elected chairman of the Board, and James J. Ambrose, president, Equipment Finance, GE Healthcare Financial Services, was elected vice chair.
In addition, the ELFA also named the following new members of its Board of Directors: Kent M. Adams, president, Caterpillar Financial Services Corporation; Christa Hemans, president, Court Square Leasing Corporation; James McGrane, president and CEO, US Express Leasing, Inc; Philip R. Rosenblatt, partner, Nutter, McClennen & Fish, LLP; Richard Remiker, managing director, group head, Merrill Lynch Capital ' Equipment Finance; Robert J. Rinaldi, senior vice president, National City Commercial Capital Company, LLC; Frederick S. Summers, chairman and CEO, Vision Financial Group, Inc; Adam D. Warner, president, Key Equipment Finance.
Kenneth E. Bentsen, Jr. continues to serve as president. Kenneth E. Collins, Jr., John M. McQueen, and John M. Butler are the ELFA vice chairs. Edward A. Groobert, partner, Dykema Gossett PLLC, continues to serve as secretary, and David A. Merrill, president, Fifth Third Leasing Company, will serve as treasurer. Valerie H. Jester, president of Brandywine Capital Associates, Inc., is immediate past chair. In addition to Verhelle, Jester, and Merrill, the following are also members of the ELFA Board of Directors: Laurie A. Bakke, vice president, Huntington Bank Equipment Finance; George K. Booth, managing director, Black Rock Capital LLC; Aylin N. Cankardes, president, Rockwell Financial Group; Edward Castagna, president, Nassau Asset Management; Glenn P. Davis, vice president, NorLease, Inc; Crit DeMent, chairman, CEO, LEAF Financial Corporation; Curt F. Glenn, senior vice president ' Portfolio Management, GATX Corporation; Eric Hanson, managing director, LAZARD; Thomas M. Jaschik, group SVP, LaSalle National Leasing Corporation; Cameron W. Krueger, vice president ' Banking and Asset Finance, Capgemini Financial Services LLC; and Joel C. Rutledge, president, BB&T Equipment 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.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?
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.