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In the Marketplace
Siemens Financial Services of Iselin, NJ has released a new study showing that American and European companies are once again making investments in new technology a priority. The research project, completed in May, revealed that most companies on both sides of the Atlantic increased tech spending in 2004 and plan to continue doing so over the next year. Those companies spending more this year intend to invest at a higher rate than those that increased spending in 2004.
Among the key findings of the Siemens research are:
- 67% of U.S. companies report an IT spending rebound, with half planning to increase current levels this year.
- On most indicators studied, Germany tends to lag behind other countries, but shows strong signs of mirroring the technology investment growth path of its European neighbors.
- IT replacement cycles are longest in the United States and France, shortest in the United Kingdom and Germany.
- Server replacement cycles are longest in the United States and United Kingdom.
- Technology finance is strongly available in the United States, United Kingdom and France, less so in Germany.
GE Commercial Finance of McLean, VA has announced the launch of a federal leasing unit, Federal Finance Solutions, within the GE Commercial Finance family of businesses. The new unit will be staffed by transaction team leader, Robert Whartenby; operations counsel, Jack White; customer solutions leader, Toni McCurry; aircraft and technology segment leader, Patrick Hanner; and energy segment solutions leader, Andy Rubin.
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.