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Movers & Shakers

BY ALM Staff
September 29, 2009

United Rentals, Inc. of Greenwich, CT, has named Ned Graham to the position of vice president of business development. Graham, a 29-year veteran of the equipment rental industry, will lead the development of strategies and process improvements related to business expansion. Prior to joining United Rentals, Graham most recently served as senior vice president of operations for RSC Equipment Rental, where he directed operations in 30 states, following six years as regional vice president and two years as district manager.

According to multiple reports, including in The Wall Street Journal, Royal Bank of Scotland is working with Goldman Sachs to facilitate a possible sale or to consider other options for RBS Aviation Capital, which is one of the top five commercial airline lessors worldwide by scale and one of the global leaders in aircraft finance. The WSJ estimates the book value of the aviation assets to be approximately $8 billion.

A group of six attorneys has left Troutman Sanders to form a new boutique, Mercer Thompson LLC. The new firm will be based in Atlanta and will provide transactional legal services to companies in the electric power industry. The background of the attorneys forming the new firm includes corporate and capital markets finance, project finance and development, Department of Energy loan guarantees, and M&A. They will also focus on clean technology and renewable energy projects, as well as nuclear energy projects, conventional fossil-fuel projects, and transmission projects. John T.W. Mercer, former head of Troutman's project development and finance group, leads the new firm with Richard E. “Chip” Thompson II. Both had spent their careers at Troutman. Also joining Mercer Thompson as partners are Jason B. Yost and John Lamberski. Tracey H. Thompson and Lori Jones join as of counsel. The Project Development & Finance practice group at Troutman will now be led by Craig M. Kline in New York, Todd R. Coles in Washington, DC, and Brian C. Harms in Atlanta.

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