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Truck Leasing in a Down Economy: How to Prepare
'How bad is it?' It may sound like the set-up line to an old joke, but in reality, this is probably the question most asked by any number of business leaders and experts when talking about the current economy. Without doubt, the economy appears headed for a downturn, based on the analyses and reports issued by dozens of major corporations, analysts, and government agencies.
This is currently most prevalent in the trucking sector, which saw a dramatic increase in repossessions and liquidations in the past year, according to Nassau Asset Management's NasTrac Quarterly Index (NQI). Some of the reasons for this spike involve issues beyond current economic conditions, as we will discuss in this article. However, it is clear that the changing fortunes of the housing market have had a negative 'ripple effect' on trucking.
Will we head into a recession? Will the trucking sector be further damaged? What other business categories will be affected? How should legal counsel prepare to assist their clients? What will be the most effective steps they can take to do so?
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.
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.
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.
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?