Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Drone Financing Opportunities Emerge As FAA Creates New Drone Regulations
Is financing or leasing drones a flight of fancy or a real business opportunity for lenders and lessors? In this article, we show that, properly structured, opportunities for financing and leasing commercial drones exist today, but will grow rapidly in the foreseeable future for lenders and lessors (“financiers”) as the drone industry produces ever more sophisticated equipment and services.
Before entering into a transaction, financiers should prudently consider, among other points adapted to drones, the credit, regulatory, accounting, tax, risk management, security, bankruptcy, transactional and other legal issues covered in this article. It is already apparent that, as suggested below, at least four existing structures for lending and leasing (“financing”) provide a framework for lenders and lessors to participate actively in the highly publicized drone industry: credit-based lending, equipment leasing, bundled financing and vendor financing of drones individually and drone fleets.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.