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Ubi Sunt, Buck-Out Lease?
For those who didn't take a survey course in English lit, ubi sunt means “where are they?” and was used by Beowulf-era poets to mourn the passing of people and things.
The list of the gone-but-not-forgotten in the equipment finance business include the TBT lease, the wrap lease and several other variations. The popularity of the equipment finance agreement or “EFA” as a replacement for “leases” that are, in fact, financing arrangements would seem to signal the end of these “leases.” Despite predictions in several quarters, the so-called buck-out lease appears alive and healthy, if not as robust as it once was.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.