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IN THE MARKETPLACE
Allegiant Partners Inc. of San Rafael, CA, has hired Paul Foster as a managing director of its new equipment-financing subsidiary, Allegiant Capital Inc. Foster has more than 30 years of experience in the finance business; the last 12 of which he was arranging structured middle market equipment and other financings. The creation of Allegiant Capital will give managing directors John Steindorf and Paul Foster additional capabilities in structuring, funding and closing larger and more complex equipment financings. Allegiant Capital will focus on premium-rate opportunities in the range of $250,000 to $5,000,000.
GreatAmerica Leasing Corporation of Cedar Rapids, IA, has named Lane Wolbe to head its Automotive Group. He is a veteran of the automotive aftermarket and the founder of WOLCO and Commodore, two well-established names in automotive supply and automotive aftermarket equipment financing. Wolbe brings with him a highly qualified staff, whose members will integrate their sales, credit, documentation, marketing functions and skills with the GreatAmerica Automotive Group.
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.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.