Friday, June 8, 2012

Saints hire Freeh's firm to conduct internal probe

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Thursday, June 7, 2012

Here's what a deep-fried iPhone and iPad look like

A new York Arist by the name of Henry Hargreaves has recently unveiled a new installation appropriately dubbed Deep Fried Gadgets, featuring an iPhone and iPad coated in greasy goodness.


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Flame virus prompts Microsoft to boost Windows security

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Wednesday, June 6, 2012

ELFA - INDUSTRY NEWS

Experienced Equipment Leasing and Finance Attorney Debra P. Goldberg Joins Blank Rome

Posted 06/05/12

Blank Rome LLP is pleased to announce that Debra P. Goldberg has joined the Firm as a partner in the Financial Services group. For 25 years, Ms. Goldberg has concentrated her practice in the areas of commercial finance, structured finance, and equipment leasing and finance. In particular, Ms. Goldberg focuses on complex aircraft financing and leasing transactions of both commercial and corporate aircraft. Ms. Goldberg represents financial institutions, including commercial and investment banks, leasing and finance companies, monoline insurers, and public and private corporate entities. She is based in the Firm?s New York office.

?We are pleased to welcome Debra to Blank Rome,? said Alan J. Hoffman, Co-Chairman and Managing Partner. ?We continue to expand the depth of our Financial Services practice in New York, and I am confident that Debra?s broad transactional experience will be a great complement to our strong, national Financial Services team.?

Ms. Goldberg joins Blank Rome from the New York office of Dewey & LeBoeuf LLP where she practiced in the Corporate Department performing a broad range of complex financing transactions, including U.S. and non-U.S. loans, structured financings, lease financings and other commercial financings of assets, involving syndicated secured and unsecured loans; asset-based and cash flow loans; senior debt, mezzanine and second lien loans; warehouse loans; asset securitizations, including whole business securitizations; operating, finance and single investor equipment leases; leveraged and cross-border equipment leases and financings; and acquisitions and sales of lease and loan portfolios. She has worked on export credit agency supported financings of aircraft involving Eximbank and Hermes, and Exim supported infrastructure projects. She also has extensive experience in the area of project finance, having worked with clients on transportation, energy (including solar and wind power) and infrastructure projects.

?Debra brings extensive experience in complex aircraft and ship financing and leasing transactions, which will be an excellent addition to our overall capabilities,? added Financial Services Partner Lawrence F. Flick II.

The assets that have been the subject of these commercial financing transactions include aircraft, vessels, oil tankers, railcars, semi-submersible vessels, and other "large-ticket" transportation equipment, motor vehicles, marine and intermodal containers, pipelines, pipelay and pipe burial equipment, trade and lease receivables, intellectual property, technology equipment, construction equipment, medical equipment, communications and office equipment.

Ms. Goldberg also has extensive debt workout and restructuring experience primarily representing senior creditors and syndicate groups, bondholders, and secured creditors both in and out of bankruptcy; foreclosures, DIP and exit financing; and other financial and legal restructurings.

Ms. Goldberg is admitted to practice in New York and Florida. She recently served on the Legal Committee for the Equipment Leasing and Finance Association (ELFA), the national trade association for the equipment finance industry, and is currently a member of the Air, Rail, Marine Subcommittee and Financial Services Regulations Subcommittee for ELFA. She is also a member of the American Bar Association (ABA), the ABA Business Law Section, and its Aircraft Finance Subcommittee and Commercial Finance Subcommittee. She is a frequent author and lecturer on the topics of Article 9 of the Uniform Commercial Code and other matters pertaining to secured transactions, and aircraft financing matters. She earned her Juris Doctor from Boston University School of Law and her Bachelor of Business Administration from Emory University.

Blank Rome?s Financial Services group has significant depth of talent in financial services legal matters and extensive experience in representing senior and subordinate lenders, including mezzanine and Tranche B lenders. The group represents many of the nation?s leading players in lending, leasing, and specialty finance matters, including structuring, negotiating, and documenting all types of complex financing transactions. The financial services practice group lawyers combine sophisticated commercial finance and lending experience with a strong familiarity with contract, tax, real estate, and securities law.

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Sites of Reference:
http://http://www.blankrome.com/index.cfm?contentID=31&itemID=2548

Contact Name: Melissa Volin
Organization Name: Blank Rome LLP
Phone Number: 215-988-6919
E-mail: volin@blankrome.com

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Goldman is cutting higher up the food chain

Chris Hondros / Getty Images

A Goldman Sachs sign on the floor of the New York Stock Exchange.

By Roland Jones

Facing the prospect of a rough summer in the markets, Goldman Sachs is cutting headcount -- and it?s looking further up the food chain to make those cuts, according to a report.

Last week the company laid off about 50 people, including managing directors on the higher end of the bank?s pay scale, according to The New York Times. Managing directors at Goldman make a base salary of $500,000 and receive an annual bonus that can climb into the millions of dollars, the newspaper said.

Goldman has slashed 9 percent of its work force, or 3,300 people, in the last year as it struggles with lackluster markets and new regulations. The fifth-largest U.S. bank by assets employed 32,400 at the end of March, down from 35,700 at the end of 2010, according to the New York-based bank?s latest annual report.

Major Wall Street banks such as Goldman are cutting positions as they face challenges to growth, including the fallout from Europe?s debt woes.

U.S. stock prices are sinking amid signs of a global economic slowdown. If markets don?t pick up, it is almost certain that Goldman will make additional job cuts later this year, the Times said.

Shares of Goldman were lately up 1 percent at $92.

Goldman?Sachs did not respond to a request for comment.

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Vehr Communications' summer reading list | Vehr Communications

Lindsay Vehr, Marketing Assistant

Lindsay Vehr

Lindsay works full-time as a public school teacher. At Vehr Communications, she is responsible for the creation and distribution of the organization?s e-newsletter, March Forth, contributing regularly to its blog, Vr3, and supporting Vehr Communications? full-time staff in developing and publishing content for its website.
Full Bio

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