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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.
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.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.