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In the Marketplace
Loeb & Loeb LLP has announced that Peter G. Seiden and Bryan G. Petkanics will join the law firm's New York office as partners in the Commercial Finance Practice. Seiden and Petkanics join from LeClairRyan, where they were partners in the firm's New York office, prior to which they were partners at Seiden Wayne LLC, where they practiced for 27 years before the firm merged with LeClairRyan in 2007. Raymond W. Dusch, senior counsel, and John Oberdorf III, associate, also come from LeClairRyan and will join the pair. Dusch, a member of this newsletter's Board of Editors, has represented domestic and international financial institutions in all aspects of asset-based financing and equipment leasing for more than 30 years.
Bank of the West of San Francisco has promoted Lindsey McLorg to vice president in the Equipment Finance Division, as a senior secondary markets officer, and Katherine Nordendahl to vice president in the Indirect Equipment Finance Division as a marketing officer. Most recently, McLorg was in the bank's portfolio servicing group. In her new role, she will act upon the bank's decision to more aggressively enter secondary markets and will pursue the purchase of middle-market transactions on a nationwide basis.
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.
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?