Intercreditor Agreements
November 25, 2013
This is the second article in a series covering various aspects of intercreditor agreements.
In the Marketplace
October 29, 2013
Synovus Bank of Columbus, GA, has created an Equipment Financing Group targeted to small, middle, and large commercial banking customers. The group will be based in Charleston, SC, and will be headed by John Geist, who has been named president. He previously served as president of Leasing and Equipment Finance of Bank of America. Joining Geist are Tad Herrin, Bill Orr, Ricky Mims and Jim Shaw, who also worked at Bank of America. In addition,…
Moderate Industry Growth Expected Through Year's End
October 29, 2013
In its Q4 update to the 2013 Equipment Leasing & Finance U.S. Economic Outlook, the Equipment Leasing & Finance Foundation expects investment in equipment and software to grow 3.3% in 2013. The report, which is focused on the $725 billion equipment leasing and finance industry, forecasts equipment investment and capital spending in the United States and evaluates the effects of various related and external factors in play currently and into the foreseeable future.
Brican Equipment Lease Litigation
October 29, 2013
A federal district court's recent summary judgment decision in <I>In re: Brican America, LLC Equipment Lease Litigation</I> appears to be a mixed bag for vendor finance companies.
Distressed Bank Restructurings
September 24, 2013
The FDIC's list of nearly 700 "problem" banks reveals that the problem of inadequate bank capitalization and the need for restructuring remains strong.
Lessors Beware
September 24, 2013
How can an equipment lessor protect itself against having its equipment "sold out from under it" by a lessee? A discussion of <I>Textainer Equipment Management Limited v. The United States</I> and its implications..