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In the Marketplace
The RVI Group of Stamford, CT, has appointed Sharon N. McKenna Vice President, Aircraft Risk and Asset Management. She will be responsible for all underwriting of commercial and general aviation transactions, performing risk analysis, preparing appraisals and conducting surveillance of RVI's aircraft portfolio. In addition, McKenna will support the production of new business and the development of new products.
In a separate announcement by RVI, John F. Napierkowski has joined the company in the newly created position of Vice President, Commercial Equipment Underwriting. Napierkowski will be working alongside Sharon McKenna and will be responsible for generating and overseeing the analysis of all commercial equipment transaction underwriting excluding aircraft, performing risk analyses based on industry, asset and market research, conducting surveillance of RVI's commercial equipment portfolio, and supporting production of new products and business.
Huntington Bancshares Inc. of Columbus, OH, has signed a definitive agreement to purchase Bloomfield Hills, MI-based Macquarie Equipment Finance, Inc. Under the terms of the agreement, Huntington will acquire approximately $900 million of assets and assume approximately $630 million of debt, securitizations, and other liabilities.
Advantage Leasing Corporation of Brookfield, WI, has changed its trade name to Advantage+. The change was concurrent with the company's introduction of a new business loan product, Equipment Financing Agreement (EFA), which is a fixed-rate loan with regular periodic payments. It allows borrowers to finance equipment and related costs. EFAs can cover equipment, shipping, installation, software, and startup costs. EFAs do not require advance payments, which further reduces borrowers' upfront cash needs. Other benefits include options to pre-pay without penalty, add subsequent loans, and change terms midstream.
Advantage Funding of Lake Success, NY, a subsidiary of Marubeni America Corporation since 2006, has announced an ownership transition agreement. The agreement gives Marubeni, a multinational, multi'billion-dollar Japanese trading company, full ownership of the company and moved Advantage Funding's CFO Alvaro (Al) Damiani into the position of president and Don Coolbaugh to chief sales officer. Prior to joining Advantage Funding more than two years ago, Damiani served as CFO of Vendor Finance for CIT in the U.S., leading the finance function for CIT's largest segment, providing leases and loans to direct customers as well as dealers and resellers through equipment manufacturing programs. Advantage is a commercial transportation lender.
MB Financial Bank of Chicago has announced that Edward A. Dahlka, Jr. has retired from his position as president of Cole Taylor Equipment Finance (CTEF), a subsidiary of MB Financial Bank, and that Dave Drury, formerly managing director of CTEF, will head the organization.
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The RVI Group of Stamford, CT, has appointed Sharon N. McKenna Vice President, Aircraft Risk and Asset Management. She will be responsible for all underwriting of commercial and general aviation transactions, performing risk analysis, preparing appraisals and conducting surveillance of RVI's aircraft portfolio. In addition, McKenna will support the production of new business and the development of new products.
In a separate announcement by RVI, John F. Napierkowski has joined the company in the newly created position of Vice President, Commercial Equipment Underwriting. Napierkowski will be working alongside Sharon McKenna and will be responsible for generating and overseeing the analysis of all commercial equipment transaction underwriting excluding aircraft, performing risk analyses based on industry, asset and market research, conducting surveillance of RVI's commercial equipment portfolio, and supporting production of new products and business.
Huntington Bancshares Inc. of Columbus, OH, has signed a definitive agreement to purchase Bloomfield Hills, MI-based Macquarie Equipment Finance, Inc. Under the terms of the agreement, Huntington will acquire approximately $900 million of assets and assume approximately $630 million of debt, securitizations, and other liabilities.
Advantage Leasing Corporation of Brookfield, WI, has changed its trade name to Advantage+. The change was concurrent with the company's introduction of a new business loan product, Equipment Financing Agreement (EFA), which is a fixed-rate loan with regular periodic payments. It allows borrowers to finance equipment and related costs. EFAs can cover equipment, shipping, installation, software, and startup costs. EFAs do not require advance payments, which further reduces borrowers' upfront cash needs. Other benefits include options to pre-pay without penalty, add subsequent loans, and change terms midstream.
Advantage Funding of Lake Success, NY, a subsidiary of Marubeni America Corporation since 2006, has announced an ownership transition agreement. The agreement gives Marubeni, a multinational, multi'billion-dollar Japanese trading company, full ownership of the company and moved Advantage Funding's CFO Alvaro (Al) Damiani into the position of president and Don Coolbaugh to chief sales officer. Prior to joining Advantage Funding more than two years ago, Damiani served as CFO of Vendor Finance for CIT in the U.S., leading the finance function for CIT's largest segment, providing leases and loans to direct customers as well as dealers and resellers through equipment manufacturing programs. Advantage is a commercial transportation lender.
MB Financial Bank of Chicago has announced that Edward A. Dahlka, Jr. has retired from his position as president of Cole Taylor Equipment Finance (CTEF), a subsidiary of MB Financial Bank, and that Dave Drury, formerly managing director of CTEF, will head the organization.
BIO HERE
Overview of Regulatory Guidance Governing the Use of AI Systems In the Workplace
Businesses have long embraced the use of computer technology in the workplace as a means of improving efficiency and productivity of their operations. In recent years, businesses have incorporated artificial intelligence and other automated and algorithmic technologies into their computer systems. This article provides an overview of the federal regulatory guidance and the state and local rules in place so far and suggests ways in which employers may wish to address these developments with policies and practices to reduce legal risk.
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Revolutionizing Workplace Design: A Perspective from Gray Reed
In an era where the workplace is constantly evolving, law firms face unique challenges and opportunities in facilities management, real estate, and design. Across the industry, firms are reevaluating their office spaces to adapt to hybrid work models, prioritize collaboration, and enhance employee experience. Trends such as flexible seating, technology-driven planning, and the creation of multifunctional spaces are shaping the future of law firm offices.
From DeepSeek to Distillation: Protecting IP In An AI World
Protection against unauthorized model distillation is an emerging issue within the longstanding theme of safeguarding intellectual property. This article examines the legal protections available under the current legal framework and explore why patents may serve as a crucial safeguard against unauthorized distillation.