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In the Marketplace
The PNC Financial Services Group, Inc. of Pittsburgh has named Vincent Rinaldi, chief executive officer of National City Commercial Capital Company (“NC4″), to head the combined PNC Equipment Finance and NC4 organizations, which will also include PNC Aviation Finance. The appointment is part of the ongoing integration of the PNC Financial Services Group, Inc. and National City Corporation, which was finalized on Dec. 31, 2008. The company has indicated that National City branches will continue normal operations, and customers will continue to use National City's services as usual. The conversion of National City branches to PNC, however, will begin in the second half of 2009.
Wells Fargo & Company of Des Moines, IA, has purchased approximately $730 million in loan and lease receivables from GE Healthcare Financial Services ' Equipment Finance, a unit of GE Capital. The acquired receivables from the business formerly known as HPSC, Inc. are primarily related to the financing of dental and eye care practices and equipment. Wells Fargo Financial, a unit of Wells Fargo & Company, will manage the receivables through its operating unit Matsco, which serves the financial needs of health care professionals in dentistry, veterinary medicine, optometry, and ophthalmology. The transaction closed Dec. 31. The sale involved receivables and customer relationships only; no facilities or employees were a part of the transaction.
Sonnenschein Nath & Rosenthal LLP has added approximately 100 lawyers, including 40 partners from Thacher Proffitt & Wood LLP. Among these individuals are all members of the Structured Finance and Corporate & Financial Institutions groups.
Yachts, Jets, Horses & Hooch: Specialized Commercial Leasing Models
Defining commercial real estate asset class is essentially a property explaining how it identifies — not necessarily what its original intention was or what others think it ought to be. This article discusses, from a general issue-spot and contextual analysis perspective, how lawyers ought to think about specialized leasing formats and the regulatory backdrops that may inform what the documentation needs to contain for compliance purposes.
Hyperlinked Documents: The Latest e-Discovery Challenge
As courts and discovery experts debate whether hyperlinked content should be treated the same as traditional attachments, legal practitioners are grappling with the technical and legal complexities of collecting, analyzing and reviewing these documents in real-world cases.
Identifying Your Practice's Differentiator
How to Convey Your Merits In a Way That Earns Trust, Clients and Distinctions Just as no two individuals have the exact same face, no two lawyers practice in their respective fields or serve clients in the exact same way. Think of this as a "Unique Value Proposition." Internal consideration about what you uniquely bring to your clients, colleagues, firm and industry can provide untold benefits for your law practice.
Risks and Ad Fraud Protection In Digital Advertising
The ever-evolving digital marketing landscape, coupled with the industry-wide adoption of programmatic advertising, poses a significant threat to the effectiveness and integrity of digital advertising campaigns. This article explores various risks to digital advertising from pixel stuffing and ad stacking to domain spoofing and bots. It will also explore what should be done to ensure ad fraud protection and improve effectiveness.
Turning Business Development Plans Into Reality
This article offers practical insights and best practices to navigate the path from roadmap to rainmaking, ensuring your business development efforts are not just sporadic bursts of activity, but an integrated part of your daily success.