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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.
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.
One Overlooked Element of Executive Safety: Data Privacy
Executives have access to some of the company's most sensitive information, and they're increasingly being targeted by hackers looking to steal company secrets or to perpetrate cybercrimes.