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In The Marketplace
CHP Consulting Ltd. of London, a leading provider of enterprise management software and consulting services to the global lease finance industry, has announced that its ALFA lease transaction platform is now available to North American lessors. The software platform features a unique integrated front- and back-office capability, which improves the efficiency of the lease finance process. The company separately announced the North American release of its next-generation, Web-enabled ALFA Fleet Services module.
The CIT Group Inc. of Livingston, NJ, has named Shawn Arnone as senior vice president of sales for Major Vendor Finance. In this newly created position, he will assume responsibility for major vendor program development and identifying portfolio acquisitions. Arnone comes to CIT with 15 years of experience, including 8 years in the equipment finance industry where he was most recently vice president, Global Business Development, for Key Equipment Finance. CIT Major Vendor Finance is a business unit within Specialty Finance offering worldwide vendor financing.
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.
'Insurable Interest' and the Scope of First-Party Coverage
This article reviews the fundamental underpinnings of the concept of insurable interest, and certain recent cases that have grappled with the scope of insurable interest and have articulated a more meaningful application of the concept to claims under first-party property policies.