Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Central Leasing Corporation of Birmingham, AL has named Barry Thomas as credit manager. Formerly vice president and group manager at SouthTrust Bank, Thomas will be responsible for overseeing the credit department for the commercial leasing and finance company. In addition, he will also be responsible for managing day-to-day operations.
Comdisco Holding Company, Inc. of Rosemont, IL has announced that it completed the sale of the stock of its leasing subsidiary in Germany on April 29, 2003 to Munich-based Comprendium Investment (Deutschland) GmbH, which is owned by Comprendium Investment SA, a Swiss corporation. Comprendium Investment SA is controlled by Thomas Flohr, who until January 2001 served as president of Comdisco Europe, a division of Comdisco, Inc. Under the terms of the agreement, Comdisco received approximately EURO285 million (approximately $316 million) at closing. Comdisco will receive four additional payments totaling up to approximately EURO38 million (approximately $42 million) over the next 42 months contingent upon specific portfolio performance criteria.
Equilease Financial Services, Inc. of Norwalk, CT has recently acquired a portfolio of performing loans backed by equipment leases. This portfolio consisted of plant lift trucks, construction and gaming equipment. Equilease is an independent equipment lessor and financial services company. The company's primary business focus is to acquire seasoned equipment lease and equipment loan portfolios that include performing and non-performing paper.
Experian(R) of Nottingham, UK, and Costa Mesa, CA and PredictiveMetrics of Tinton Falls, NJ have announced the launch of the Small Business Lease Decision Score. This product is designed to help determine the creditworthiness of small-business prospects by calculating blended risk scores based on both the credit history of a business and the consumer credit files of up to two of the business's owners. The Small Business Lease Decision Score helps users predict the likelihood of an applicant incurring 90-plus days delinquency or charge-offs within 18 to 24 months of underwriting when the potential risk may be the greatest. Greater accuracy is assured because this new decision tool was developed using actual leasing performance on small-ticket leasing transactions predominantly under $100,000, combined with Experian's commercial and consumer credit databases containing a number of proven predictors of future risk. For more information, please visit http://www.experian.com/ or http://www.predictivemetrics.com/.
GATX Technology of Tampa, FL has appointed Glenn M. Miller as vice president of technology effective April 1, 2003. His primary role is to provide technology guidance to GATX Technology and its customers through a strategic advisory services team. Mr. Miller has more than 30 years of experience in the technology field. Most recently, he had his own consulting firm providing companies with advisory services on a range of functional issues including leasing, international communications/networking, middleware products, application servers and systems integration.
Key Equipment Finance of Superior, CO has named Charles D. Lee as vice president, global business development. In this role, Lee is responsible for identifying new vendor clients and developing vendor programs for Key Equipment Finance and its domestic and international operations. Previously, Lee served as senior vice president, director of sales and marketing, for Fleet Capital Leasing, Global Vendor Finance, in Troy, MI. He has also held senior positions at Heller Financial Leasing Inc. and Dana Commercial Credit. In addition, Lee served as past chairman of the Equipment Leasing Association Vendor Program Business Council Steering Committee.
Merrill Lynch Capital of Chicago has appointed Richard J. Remiker as managing director of its Equipment Finance Group, which provides structured equipment finance and leasing solutions to non-investment grade private and public companies in the United States. The group focuses on transactions typically in the range of $10 million to $75 million. Remiker previously served as president and chief operating officer of KeyCorp's Commercial Leasing Services division. He has been an active member of the Equipment Leasing Association for many years, serving as chair of the Middle Market Business Council the past two years.
Wells Fargo & Co. of Minneapolis has promoted John McQueen to the position of executive vice president and chief operating officer of Wells Fargo Equipment Finance, Inc. McQueen has been with the company for ten years, serving most recently as national sales manager of WFEFI.
The company also has named James Friedrichs as territory manager for the Southeast region, including Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee. He is responsible for new business development in the over-the-road and vocational heavy truck markets for Equipment Finance's Commercial Vehicle Group.
XL Capital Assurance Inc. of New York has named Shailesh S. Deshpande as a director in the Commercial Asset Securitization Group, in a newly created position. Deshpande has twelve years of structured and corporate finance experience, which includes 7 years of securitization experience. He joins XLCA from Bayerische Hypound Vereinsbank AG, where he was a director in the Asset-Backed Finance Group. XL Capital Assurance Inc. is a financial guarantee insurer that specializes in commercial and consumer asset securitization, structured funds, power and utilities, global infrastructure, future flow securitization, U.S. public finance, and deposit insurance.
Comdisco Holding Company, Inc. of Rosemont, IL has announced that it completed the sale of the stock of its leasing subsidiary in Germany on April 29, 2003 to Munich-based Comprendium Investment (Deutschland) GmbH, which is owned by Comprendium Investment SA, a Swiss corporation. Comprendium Investment SA is controlled by Thomas Flohr, who until January 2001 served as president of Comdisco Europe, a division of Comdisco, Inc. Under the terms of the agreement, Comdisco received approximately EURO285 million (approximately $316 million) at closing. Comdisco will receive four additional payments totaling up to approximately EURO38 million (approximately $42 million) over the next 42 months contingent upon specific portfolio performance criteria.
Equilease Financial Services, Inc. of Norwalk, CT has recently acquired a portfolio of performing loans backed by equipment leases. This portfolio consisted of plant lift trucks, construction and gaming equipment. Equilease is an independent equipment lessor and financial services company. The company's primary business focus is to acquire seasoned equipment lease and equipment loan portfolios that include performing and non-performing paper.
Experian(R) of Nottingham, UK, and Costa Mesa, CA and PredictiveMetrics of Tinton Falls, NJ have announced the launch of the Small Business Lease Decision Score. This product is designed to help determine the creditworthiness of small-business prospects by calculating blended risk scores based on both the credit history of a business and the consumer credit files of up to two of the business's owners. The Small Business Lease Decision Score helps users predict the likelihood of an applicant incurring 90-plus days delinquency or charge-offs within 18 to 24 months of underwriting when the potential risk may be the greatest. Greater accuracy is assured because this new decision tool was developed using actual leasing performance on small-ticket leasing transactions predominantly under $100,000, combined with Experian's commercial and consumer credit databases containing a number of proven predictors of future risk. For more information, please visit http://www.experian.com/ or http://www.predictivemetrics.com/.
GATX Technology of Tampa, FL has appointed Glenn M. Miller as vice president of technology effective April 1, 2003. His primary role is to provide technology guidance to GATX Technology and its customers through a strategic advisory services team. Mr. Miller has more than 30 years of experience in the technology field. Most recently, he had his own consulting firm providing companies with advisory services on a range of functional issues including leasing, international communications/networking, middleware products, application servers and systems integration.
Key Equipment Finance of Superior, CO has named Charles D. Lee as vice president, global business development. In this role, Lee is responsible for identifying new vendor clients and developing vendor programs for Key Equipment Finance and its domestic and international operations. Previously, Lee served as senior vice president, director of sales and marketing, for Fleet Capital Leasing, Global Vendor Finance, in Troy, MI. He has also held senior positions at Heller Financial Leasing Inc. and Dana Commercial Credit. In addition, Lee served as past chairman of the Equipment Leasing Association Vendor Program Business Council Steering Committee.
The company also has named James Friedrichs as territory manager for the Southeast region, including Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee. He is responsible for new business development in the over-the-road and vocational heavy truck markets for Equipment Finance's Commercial Vehicle Group.
XL Capital Assurance Inc. of
In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Latham & Watkins helped the largest U.S. commercial real estate research company prevail in a breach-of-contract dispute in District of Columbia federal court.
Practical strategies to explore doing business with friends and social contacts in a way that respects relationships and maximizes opportunities.