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In the Marketplace
CoreTech Leasing, Inc. of Newport Beach, CA, announced that it will be expanding into the semiconductor industry. The decision to diversify the firm's portfolio and expand into the growing semiconductor market is based on projections such as Gartner's, which forecasts semiconductor capital equipment spending to increase 15% in 2014 to a total of $38.5 billion, followed by projected increases through 2018. CoreTech, an independent technology and equipment lessor, also recently added Gary Atkins as VP of diversified technologies. Atkins was a founding member of two Fortune 500 equipment leasing companies, including Comdisco Electronics Group , with his division originating $3.6 Billion in asset-based business. Atkins was also an original member Babcock & Brown Electronics Management LLC.
Cole Taylor Equipment Finance of Chicago has opened a new office in St. Louis, MO, and has appointed Chris Byrnes as direct sales manager for the St. Louis region. Byrnes will be responsible for building client relationships and developing new lease and loan originations in Missouri, Kansas, western Kentucky, and western Tennessee. Byrnes joins Cole Taylor from BancorpSouth Equipment Finance' where he was a vice president and regional account executive.
Debra P. Goldberg has joined the law firm of Moritt Hock & Hamroff LLP of Garden City, NY, as Of Counsel. The addition of Ms. Goldberg expands the firm's transportation finance group with a new area of practice in the aviation finance sector. Ms. Goldberg has facilitated a wide range of aircraft transactions, including handling the purchase, sale and lease of commercial and business aircraft for individuals, corporations, and commercial airlines, as well as the purchase and leasing of fractional interests for individuals and corporations. She also advises clients on compliance with FAA registration requirements for U.S. registered aircraft and structuring issues.
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.
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?
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.