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In the Marketplace
SunTrust Banks, Inc. of Atlanta has announced that Brian K. Scherer has been named senior vice president, director of the Equipment Management Group for SunTrust Equipment Finance & Leasing Corp., the company's subsidiary that provides essential-use equipment financing for businesses and municipalities. He will be responsible for managing all aspects of the leasing company's capital equipment including collateral evaluations, portfolio management, asset disposition and renewal negotiation. Scherer has held key positions in asset management as well as general management at Cargill Leasing Corporation, GE Capital Vendor Finance, Compaq Capital, GATX Technology Services, and most recently, Deutsche Leasing USA.
The Alta Group has announced that Bob Neptune has joined the consultancy to help expand Alta's advisory services for companies involved in state, municipal and federal leasing. Neptune has an extensive background in governmental leasing and is the former president of De Lage Landen Public Finance. Neptune's hiring reinforces the belief that while some companies shed their governmental leasing programs following the economic downturn in 2008, they are now returning to the market. He will be based in Kansas City, MO.
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.