In the Marketplace
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
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
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.
Seasonal Workers Have Rights Too
The health care mandate may not be a concern for companies hiring help for the busy holiday season, but experts say there are still plenty of legal issues that companies should keep in mind for fourth-quarter hiring.
Immigration Impact
The DOJ's Office of Special Counsel for Immigration Related Discrimination has been extremely active in suing employers for national origin discrimination and document abuse. And 2012 was a record year for HSI, the agency charged with I-9 enforcement.
Same-Sex Benefits
Recent IRS guidance represents the beginning of what promises to be a long process of agency rule-making in light of the <I>U.S. v. Windsor</I> decision.
How Low Can You Go?
Many retail tenants have approached landlords to renegotiate their rent in order to lower their occupancy costs as they struggle to remain open. How should the landlord respond?
Commercial Real Estate Debt Restructuring
To restructure loans experiencing maturity defaults effectively, the business, finance, and legal sectors must collaborate in a field that is as much art as it is science.
