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Editor's Note: This is the third article in a series covering various aspects of intercreditor agreements.'
During my third year of law school, I was convinced that litigation was the game for me. Sure, I never had designs of being Clarence Darrow or Gerry Spence (though I cannot deny dreams of an Atticus Finch moment or two). However, I was convinced that my personality and demeanor (“aggressive,” according to the self-analysis we conducted in our Negotiations course) represented a skill set more suited for the courtroom. Following my Trial Advocacy practical course and a couple of litigation projects while clerking for a private firm, I could not run away from the courthouse quickly enough. Transactional practice would be the life for me. I would never have to worry about litigation or its implications from the safety of the ivory transactional tower.
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.
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
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.
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 real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.