Developments, Risks and Advanced Structures in the Lease Syndication Market
May 29, 2009
Part One of this article provided an overview of the three common structures typically used in connection with syndication of equipment finance transactions, as well as addressed UCC issues and syndication of motor vehicle leases. This second installment discusses types of recourse to the seller; allocation of taxes, costs, and expenses; servicing; remarketing and residual support; and securities laws issues.
Will Your New Tenant Bail Out?
May 26, 2009
With so many vacancies popping up in shopping centers around the country, landlords are willing to entertain creative solutions to placing tenants in these empty spaces. However, before signing the leases and dropping off the keys, landlords should make certain they follow some very simple procedures and perform routine due diligence.
Some Highlights of the Recently Enacted Stimulus Bill
April 29, 2009
On Feb. 17, 2009, the newly elected President Obama signed into law the colossal $800 billion American Recovery and Reinvestment Act of 2009 (the "Act"). This 1,000-plus-page piece of legislation contains many important tax-breaks and enhancements that can benefit law firms and their clients, as well as individual attorneys and staff members and their families. This article addresses several of these key tax provisions included in the new act that may be advantageous.
Developments, Risks and Advanced Structures in the Lease Syndication Market
April 15, 2009
Lease syndications have enjoyed a significant rise in popularity in recent years. This rise in popularity has brought about an evolution in the commonly used structures, leading to additional complexity and confusion in practice. In this article, we provide a framework for analyzing syndications and addressing the practical needs of originators and funders.
In the Marketplace
March 31, 2009
Highlights of the latest equipment leasing news from around the country.
CIT Survey Examines the Middle Market's Outlook on the Economy
March 31, 2009
In the opinion of four out of five middle-market executives, the financial crisis will bottom out in 2009. This is according to a research report, "U.S. Middle Market Outlook 2009: Navigating the Credit Crunch," the first in a series of four in-depth studies on the middle market sponsored by CIT Group and produced by Forbes Insights, the research practice of Forbes Media.
First Modifications Since 2001 Considered for UCC Article 9
March 31, 2009
Part One of this article addressed items on the Article 9 Joint Review Committee's agenda, including naming issues and transmitting utilities. This second installment discusses forms of initial financing statements and amendments, correction statements, control of deposit accounts, intangibles, and the <i>Commercial Money Center</i> and <i>Highland Capital</i> cases.
How CDOs, CMOs, LILOs and SILOs All Turned into Alphabet Soup
March 31, 2009
This article provides a very condensed version of both the current financial global crisis and the problems that exist in the LILO/SILO transactions and then draws some unseen parallels shared by each of them. In addition, some conclusions are drawn as to what may be learned from these events.