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In the Marketplace
Loeb & Loeb LLP has announced that Peter G. Seiden and Bryan G. Petkanics will join the law firm's New York office as partners in the Commercial Finance Practice. Seiden and Petkanics join from LeClairRyan, where they were partners in the firm's New York office, prior to which they were partners at Seiden Wayne LLC, where they practiced for 27 years before the firm merged with LeClairRyan in 2007. Raymond W. Dusch, senior counsel, and John Oberdorf III, associate, also come from LeClairRyan and will join the pair. Dusch, a member of this newsletter's Board of Editors, has represented domestic and international financial institutions in all aspects of asset-based financing and equipment leasing for more than 30 years.
Bank of the West of San Francisco has promoted Lindsey McLorg to vice president in the Equipment Finance Division, as a senior secondary markets officer, and Katherine Nordendahl to vice president in the Indirect Equipment Finance Division as a marketing officer. Most recently, McLorg was in the bank's portfolio servicing group. In her new role, she will act upon the bank's decision to more aggressively enter secondary markets and will pursue the purchase of middle-market transactions on a nationwide basis.
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.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?