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In the Marketplace
Whitney Equipment Finance LLC has announced the appointment of Jim Bates as senior vice president and operations manager. Bates most recently served as senior regional credit portfolio manager at SunTrust Equipment Finance and Leasing in Baltimore. Whitney Equipment Finance is the newly formed equipment finance company at Hancock Bank and Whitney Bank, which are part of Hancock Holding Company's Gulf South financial services family. The new company serves middle-market and corporate clients.
Global Jet Capital of Boca Raton, FL has agreed to purchase the aircraft lease and loan portfolio of GE Capital Corporate Aircraft in the Americas representing approximately $2.5 billion of net assets. Global Jet Capital, a provider of financing solutions for large-cabin, long-range private jets, was formed last year and is capitalized by three global investment firms.
Century Tokyo Leasing USA has named David Van Zyl vice president of global vendor finance. He will oversee marketing, business development, credit and operations, leading the expansion of the Global Vendor Finance Group from traditionally supporting Japanese credits in North America, to servicing captive finance organizations, vendors and bank partners around the world.
Key Equipment Finance of Superior, CO, has appointed Joseph Pulicano senior vice president, technology. He will lead all sales, business development, and relationship management activities for Key Equipment Finance's technology finance segment.
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Whitney Equipment Finance LLC has announced the appointment of Jim Bates as senior vice president and operations manager. Bates most recently served as senior regional credit portfolio manager at SunTrust Equipment Finance and Leasing in Baltimore. Whitney Equipment Finance is the newly formed equipment finance company at Hancock Bank and Whitney Bank, which are part of Hancock Holding Company's Gulf South financial services family. The new company serves middle-market and corporate clients.
Global Jet Capital of Boca Raton, FL has agreed to purchase the aircraft lease and loan portfolio of GE Capital Corporate Aircraft in the Americas representing approximately $2.5 billion of net assets. Global Jet Capital, a provider of financing solutions for large-cabin, long-range private jets, was formed last year and is capitalized by three global investment firms.
Century Tokyo Leasing USA has named David Van Zyl vice president of global vendor finance. He will oversee marketing, business development, credit and operations, leading the expansion of the Global Vendor Finance Group from traditionally supporting Japanese credits in North America, to servicing captive finance organizations, vendors and bank partners around the world.
Key Equipment Finance of Superior, CO, has appointed Joseph Pulicano senior vice president, technology. He will lead all sales, business development, and relationship management activities for Key Equipment Finance's technology finance segment.
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'Huguenot LLC v. Megalith Capital Group Fund I, L.P.': A Tutorial On Contract Liability for Real Estate Purchasers
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.
Strategy vs. Tactics: Two Sides of a Difficult Coin
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.
CoStar Wins Injunction for Breach-of-Contract Damages In CRE Database Access Lawsuit
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.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.