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In the Marketplace
CoreTech Leasing, Inc. of Newport Beach, CA, announced that it will be expanding into the semiconductor industry. The decision to diversify the firm's portfolio and expand into the growing semiconductor market is based on projections such as Gartner's, which forecasts semiconductor capital equipment spending to increase 15% in 2014 to a total of $38.5 billion, followed by projected increases through 2018. CoreTech, an independent technology and equipment lessor, also recently added Gary Atkins as VP of diversified technologies. Atkins was a founding member of two Fortune 500 equipment leasing companies, including Comdisco Electronics Group , with his division originating $3.6 Billion in asset-based business. Atkins was also an original member Babcock & Brown Electronics Management LLC.
Cole Taylor Equipment Finance of Chicago has opened a new office in St. Louis, MO, and has appointed Chris Byrnes as direct sales manager for the St. Louis region. Byrnes will be responsible for building client relationships and developing new lease and loan originations in Missouri, Kansas, western Kentucky, and western Tennessee. Byrnes joins Cole Taylor from BancorpSouth Equipment Finance' where he was a vice president and regional account executive.
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?