In the Marketplace
October 29, 2013
Synovus Bank of Columbus, GA, has created an Equipment Financing Group targeted to small, middle, and large commercial banking customers. The group will be based in Charleston, SC, and will be headed by John Geist, who has been named president. He previously served as president of Leasing and Equipment Finance of Bank of America. Joining Geist are Tad Herrin, Bill Orr, Ricky Mims and Jim Shaw, who also worked at Bank of America. In addition,…
Moderate Industry Growth Expected Through Year's End
October 29, 2013
In its Q4 update to the 2013 Equipment Leasing & Finance U.S. Economic Outlook, the Equipment Leasing & Finance Foundation expects investment in equipment and software to grow 3.3% in 2013. The report, which is focused on the $725 billion equipment leasing and finance industry, forecasts equipment investment and capital spending in the United States and evaluates the effects of various related and external factors in play currently and into the foreseeable future.
Brican Equipment Lease Litigation
October 29, 2013
A federal district court's recent summary judgment decision in <I>In re: Brican America, LLC Equipment Lease Litigation</I> appears to be a mixed bag for vendor finance companies.
How Low Can You Go?
October 29, 2013
Many retail tenants have approached landlords to renegotiate their rent in order to lower their occupancy costs as they struggle to remain open. How should the landlord respond?
Commercial Real Estate Debt Restructuring
October 29, 2013
To restructure loans experiencing maturity defaults effectively, the business, finance, and legal sectors must collaborate in a field that is as much art as it is science.
Heading for the Exits
October 28, 2013
This article discusses select leasing issues from recent investment sales transactions, and suggests drafting pointers that can be used to avoid or limit the negative impact these issues may have on the sale of a property.
Landlord & Tenant
September 26, 2013
In-depth analysis and discussion of several key rulings.