Volume 27 - Number 6 | July 2008
| July 2008 Issue in PDF Format … |
| Navigating Your Lease Through a Sea of Liens By Francis X. Nolan, III and Marjorie F. Krumholz Equipment lenders and lessors face specialized issues when the asset is a vessel. How is the lender secured in its collateral? Can a lessor be secured in a vessel titled in lessor’s name? How does a lessor perfect its security interest in the vessel? Where does the lessor stand in relation to competing creditors? This article addresses these questions within the U.S. legal system and describes proposed legislation to expand opportunities for lease financing of vessels. |
| What’s New in the Law By Robert W. Ihne Highlights of the latest equipment leasing cases. |
| Global Warming Litigation By Adam Walker In-house counsel and executives within the railroad, logistics, and transportation industries need to be aware of an increasing likelihood of litigation-related to global warming. In the wake of the U.S. Supreme Court’s 2007 decision in Massachusetts v. EPA, suits have been filed seeking to impose liability on companies whose activities emit carbon dioxide. As additional suits arise, they will doubtless reach companies in the oil, electric power, auto, and railroad sectors. These developments raise an important question: Are companies in transportation-related fields adequately prepared for the acceleration of climate change-based tort cases that their industry will likely encounter in the near future? |
| Marketplace Highlights of the latest equipment leasing news from around the country. |
