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The 'Panama Papers' Leak
The removal and release of approximately 11.5 million documents, including 4.4 million e-mails, from the Panamanian law firm Mossack Fonseca in early Spring 2016 has generated countless headlines over the past few months, and it continues to do so as of this writing. The resulting news stories have struck a chord in an era of suspicion toward large international conglomerates and concerns regarding tax avoidance through the use of offshore structures, at a time where public confidence in traditional politics is at a low point across the western world.
For those involved in the financial services industry, including creditors and liquidators, the headlines merely confirmed what was already understood. The use of complex offshore and onshore structures to hide assets is common knowledge to industry insiders. Yet the receipt of this data by the International Consortium of Investigative Journalists, who in turn have released the otherwise confidential information into the public domain, presents unprecedented opportunities.
More Than Just Panama
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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
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Strategy vs. Tactics: Two Sides of a Difficult Coin
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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.