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In The Marketplace
De Lage Landen Financial Services of Wayne, PA has announced that Steven R. Riggs has joined the company as vice president and general manager of its Financial Institutions Strategic Business Unit. He will be responsible for overall general management of the Financial Institutions SBU, including operations, originations, marketing and new business development. The business unit is the primary provider of small business leasing services to the U.S. banking industry. Prior to joining De Lage Landen, Riggs served as vice president, national accounts for the express Financial Solutions Division of GE Capital.
El Camino Resources (ECR) of Woodland Hills, CA has announced the completion of its corporate realignment and is rebuilding its leasing business, as well as expanding its high technology services in the United States. Once the largest independent leasing company in the world, ECR was forced to reduce the scope of its business and activities in late 2000. This reduction was imposed by its lead bank, following a roll up of several of ECR's banking relationships into the lead bank and the Federal Reserve tightening during calendar year 2000. El Camino has since successfully settled all of its obligations and has emerged in Mexico and the United States with leasing and technology services business units. In Mexico, the company went through a 12-month period of reduced activity, but is now a leader in independent leasing, having forged relationships with a number of leading banks in Mexico, and negotiated a $20-million line for leasing. In calendar year 2003, the Mexican operation achieved bookings for its own account of more than $20 million in new leased assets. This year, the company has extended its reach with new partnering programs and expects to book in excess of $50 million in new lease receivables.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
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.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.