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In The Marketplace

By ALM Staff | Law Journal Newsletters |
January 06, 2006

Fitch Ratings of New York has named group managing director Gloria Aviotti as the Head of U.S. Structured Finance. She will assume management responsibilities for all U.S.-based structured finance rating groups as well as lead the longer-term initiative of refreshing and improving analytical models across all securitization products.

Econocom USA, Inc. of Memphis, TN has announced that it has agreed to sell its lease portfolio to Meridian Leasing Corporation, a Chicago-based provider of IT asset and financial management solutions. The sale will allow Econocom to focus its resources on its newest offering: a2z, a comprehensive IT infrastructure services solution for small- to-medium businesses. For Meridian, the purchase will expand its presence in the Southeastern market. As part of the agreement, Meridian will assume service of Econocom lease contracts for clients in 48 states.

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