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In the Marketplace
EverBank Commercial Finance, Inc. of Parsippany, NJ has named Greg Sanker as business development manager of the company's Healthcare Platform. He will be responsible for enhancing the platform's business development efforts and pursuing opportunities to expand the company's client base to include manufacturers in the life sciences and other medical disciplines. Sanker joins EverBank from Merchandise Mart Properties, Inc., a wholly owned subsidiary of Vornado Realty Trust, where he was responsible for signing medical device and technology makers to leases in the Cleveland Medical Mart. He previously worked for Citigroup, where he was responsible for business development activities in the health care, hospital, industrial and government sectors.
Signature Bank of New York has announced that it has formed a new subsidiary, Signature Financial, LLC, which marks the bank's entry into the specialty financing arena. Signature Financial is a specialty finance company, focused on equipment finance and leasing, transportation financing and taxi medallion financing. Combined with the bank's current taxi medallion finance business, Signature Bank enhances its market position in this field.
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.
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.
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?
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.