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In the Marketplace
Winston & Strawn LLP has launched a transportation-structured finance practice. Bill Bowers will serve as chair of this new group, which brings together more than 25 attorneys based in the firm's New York, Chicago, London and Washington, DC, offices. The group will focus on structured finance and securitization financings for the full range of transportation assets, including aircraft, aircraft engines, ships, railroad rolling stock, and containers; as well as the restructuring, transfer, and repackaging of such financings. They represent banks, underwriters, placement agents, issuers, lenders and liquidity providers in such financings, as well as a wide range of asset users ' U.S. and foreign airlines, operating lessors, shipping companies, railroads and trucking companies.
Vedder Price P.C. announced that Raviv Surpin has joined the firm's Los Angeles office as a shareholder on the Global Transportation Finance (GTF) team. Surpin works with operating lessors, borrowers, finance companies, manufacturers and investors in all manner of aircraft finance transactions. He previously served as vice president & corporate counsel at International Lease Finance Corporation/AerCap (ILFC/AerCap).
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.