Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Vedder Price Issues Statement on U.S. Supreme Court Decision Regarding Maritime Jurisdiction
Lozman v. City of Riviera Beach, Fla. Ruling Raises New Questions and Leaves Others Unanswered

NEW YORK, Jan. 15, 2013 /PRNewswire/ -- The U.S. Supreme Court issued a decision today in the case of Fane Lozman v. The City of Riviera Beach, Fla. The court ruled 7-2 in favor of Fane Lozman, who argued that his floating home was not a vessel and therefore not subject to arrest under maritime law. The majority opinion authored by Justice Stephen Breyer concluded that not everything that floats is a "vessel" under federal maritime law, and that, from now on, a structure does not qualify as a vessel "unless a reasonable observer, looking to the [structure's] physical characteristics and activities, would consider it designed to a practical degree for carrying people or things over water."  The decision and its new articulation of the vessel-status test have far-reaching implications for not only those who own or reside in floating homes, but also for a range of industries dealing with maritime vessels and off-shore and near-shore floating structures, including the equipment finance, energy, insurance and marine supply industries.

Dissenting Justice Sonia Sotomayer, joined by Justice Anthony Kennedy, largely agreed with key elements of the majority decision, such as the Court's express rejection of an owner's subjective intent as relevant to the vessel status inquiry and the rejection by the majority of what it viewed as the "if it floats, it's a vessel" ruling of the court below.  The dissent took issue, however, with the majority's new "reasonable observer" test for vessel status, likening it to the largely discredited "I know it when I see it" test for obscenity espoused nearly fifty years ago by Justice Potter Stewart.

Vedder Price has a longstanding U.S. and international maritime practice and has been involved in this case for over a year.  Its shareholders Francis X. Nolan, III and John C. Cleary submitted an amicus curiae brief in the case on behalf of The Maritime Law Association of the United States. While not for attribution to any of the firm's clients, Vedder Price offers these observations and insights about today's decision. These thoughts are wholly our own and not for attribution to the MLA.

Mr. Nolan is a member of Vedder's Global Transportation Finance practice and is also a member of the Board of Directors of the Maritime Law Association and Chair of its Standing Committee on Marine Finance. Mr. Nolan stated, "By stating that a watercraft may pass in and out of 'vessel' status, today's decision left lingering questions, such as whether a permanently moored structure or vessel in layup remains a vessel for purposes of vessel documentation. This ambiguity has far-reaching implications for mortgage financing of ships and insurance of ships, as well as the status of the gaming industry's floating casinos and vessels in long term 'cold layup.' I would think this ruling would at least drive mortgage lenders to review and revise their loan covenants.  Also marina operators should be aware that if the 'reasonable observer' finds a floating structure not to be a vessel, the owner may enjoy special rights under local landlord and tenant law. The 'reasonable observer' standard is not the bright line we had hoped for."

John C. Cleary, Vedder Price Shareholder in the Litigation Practice Area, in response to the ruling stated: "The Court's new 'reasonable observer' test for vessel status draws upon past precedent and the facts presented in Lozman to provide practical guidance to the maritime community for future cases. It remains to be seen, however, whether the new test will achieve its intended objective of uniformity and clarity on this pivotal issue of maritime law and jurisdiction, or instead will give rise to threshold litigation of the meaning and application of the new vessel status test to particular facts."

Experts from Vedder Price are available to comment on the Supreme Court's decision and its implications.

About Vedder Price:

Vedder Price is a thriving general-practice law firm with a proud tradition of maintaining long-term relationships with its clients, many of whom have been with the firm since its founding in 1952. With approximately 275 attorneys and growing, Vedder Price serves clients of all sizes and in virtually all industries from offices in Chicago, New York, Washington, DC and London.

SOURCE Vedder Price

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the c...
SYS-CON Media announced that Splunk, a provider of the leading software platform for real-time Operational Intelligence, has launched an ad campaign on Big Data Journal. Splunk software and cloud services enable organizations to search, monitor, analyze and visualize machine-gene...
Between the compelling mockups and specs produced by your analysts and designers, and the resulting application built by your developers, there is a gulf where projects fail, costs spiral out of control, and applications fall short of requirements. In his session at DevOps Summ...
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophi...
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE