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In the Marketplace
Key Equipment Finance of Superior, CO has named Amy Paine as senior vice president, asset management. In her new role, Paine will oversee all aspects of asset management as they relate to establishing residual valuations for financing originations, residual risk evaluation and analysis, development of equipment-related terms and conditions for lease documentation, residual realization and proactive management of Key Equipment Finance's $10 billion core equipment portfolio. Paine joined Key Equipment Finance in July 2000 as planning manager for global vendor services and was promoted to senior vice president, global finance and treasury in 2004 and to senior vice president, integration and business improvement in 2007. Prior to joining Key, she held various finance positions with the Hearst Corp. in New York.
The law firm of Vedder Price P.C. has announced that Mitchell D. Cohen has joined the firm's New York office as a shareholder. A member of the firm's Litigation and Bankruptcy practice groups, he will represent equipment finance and leasing companies as well as secured and unsecured corporate creditors in bankruptcy and insolvency proceedings throughout the country.
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
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.
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.