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In the Marketplace
Whitney Equipment Finance LLC has announced the appointment of Jim Bates as senior vice president and operations manager. Bates most recently served as senior regional credit portfolio manager at SunTrust Equipment Finance and Leasing in Baltimore. Whitney Equipment Finance is the newly formed equipment finance company at Hancock Bank and Whitney Bank, which are part of Hancock Holding Company's Gulf South financial services family. The new company serves middle-market and corporate clients.
Global Jet Capital of Boca Raton, FL has agreed to purchase the aircraft lease and loan portfolio of GE Capital Corporate Aircraft in the Americas representing approximately $2.5 billion of net assets. Global Jet Capital, a provider of financing solutions for large-cabin, long-range private jets, was formed last year and is capitalized by three global investment firms.
Century Tokyo Leasing USA has named David Van Zyl vice president of global vendor finance. He will oversee marketing, business development, credit and operations, leading the expansion of the Global Vendor Finance Group from traditionally supporting Japanese credits in North America, to servicing captive finance organizations, vendors and bank partners around the world.
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.