Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
In the Marketplace
The Equipment Leasing Association has announced that the organization has officially changed its name to the Equipment Leasing and Finance Association ('ELFA'), reflecting the sector's evolution to offering multiple types of commercial finance products. Addressing association membership at its annual convention, ELFA Chairman Paul A. Larkins said, 'our industry has grown and evolved, and our members' business complexions have undergone seismic change. This backdrop facilitates a new name that is reflective of what our members do in their businesses. It speaks to our present and to our future.' ELFA members provide various types of financing for all types of equipment to U.S. and international companies, governments, and nonprofit organizations, from rail cars and aircraft to medical equipment and IT. The association represents more than 750 banks, financial services companies, captive finance companies, and affiliated service providers including lawyers, investment bankers, and consultants.
Additionally the ELFA announced that the association had adopted new Principles of Fair Business Practices, underscoring the membership's belief that leaders in the equipment finance industry should promote the highest ethical and professional standards to ensure continued growth. The Fair Business Practices and the related Code of Fair Business Practices, which was adopted earlier this year, are available at www.elaonline.com/aboutELA/elacode.cfm.
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.
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.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.