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In the Marketplace
BMO Harris Equipment Finance Company of Milwaukee, WI, has expanded its business into Nebraska, Iowa and North and South Dakota, complementing its existing commercial operations in Omaha, NE. The effort will be led by Brad Hansen, senior vice president, who brings experience in large corporate, rail, agribusiness, marine, aviation, manufacturing and general transportation finance transactions. The move comes two years after BMO Harris Bank opened its first commercial banking operation in Omaha, led by Kevin Munro. Munro and his team are focused on mid-market and mid-corporate companies in Nebraska, Colorado, the Dakotas and Iowa.
King Commercial Finance of St. Louis has changed its name to Commercial Industrial Finance and established a new Web address, www.cifinance.com. The company will continue to be lead by CEO Bob Rinaldi and president Scott Hawkins. Rinaldi, who joined the company in January, is chairman elect of the Equipment Leasing and Finance Association board of directors. Commercial Industrial Finance develops sales-aid finance programs for manufacturers, vendors and distributors of capital equipment and energy-efficiency programs tailored for light to heavy industrial segments.
An event celebrating the life of Mike Fleming will be held on Fri, Oct. 24 at 1 p.m. at Naples United Church of Christ, 5200 Crayton Rd., Naples, FL 34103. A reception will be held afterward at the Royal Poinciana Golf Club, 1600 Solana Rd., Naples, FL 34105. Fleming served as president of the Equipment Leasing and Finance Association from 1979, when he established the association's headquarters in Washington, DC, until his retirement in 2006. During his tenure, the equipment finance industry grew from a fledgling industry to a major force in the U.S. economy, and Fleming transformed the association into the leading professional trade association representing the U.S. equipment finance sector. Most recently, he served as senior managing director of client relations for The Alta Group.
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.
The Stranger to the Deed Rule
In 1987, a unanimous Court of Appeals reaffirmed the vitality of the "stranger to the deed" rule, which holds that if a grantor executes a deed to a grantee purporting to create an easement in a third party, the easement is invalid. Daniello v. Wagner, decided by the Second Department on November 29th, makes it clear that not all grantors (or their lawyers) have received the Court of Appeals' message, suggesting that the rule needs re-examination.