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Many Traditional Malls Are on Life Support
In what some economists and many governmental officials say is a robust and growing economy, why are major chains closing 6,000 retail stores in malls and strip centers within the near future?
Standing alone, these statistics relating to the retail store closings are frightening on their face, yet they represent the proverbial tip of the iceberg in connection with the evolution and in many instances the demise of the traditional shopping mall.
Since the beginning of 2015, at least six major clothing retailers that populate the U.S. shopping malls have filed for bankruptcy protection, and most will never emerge to resume any significant degree of business. This is in addition to target Canada filing for insolvency protection and, closing all 123 of its Canadian stores and laying off all employees.
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 Anti-Assignment Override Provisions
UCC Sections 9406(d) and 9408(a) are one of the most powerful, yet least understood, sections of the Uniform Commercial Code. On their face, they appear to override anti-assignment provisions in agreements that would limit the grant of a security interest. But do these sections really work?