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  • Article

    Rating Agency Developments - August 2015

    On August 5, Moody's released is approach to rating Railcar leasing ABS.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    Millennial City Dwellers Will Continue To Own/Lease Cars

    We dug deeper to analyze results specific to city dwellers.
    United StatesFinance and Banking
    Duff and Phelps
    Duff and Phelps
  • Article

    Market Share Of Hybrid/Electric Vehicles (EVs) Poised To Increase

    However, 30% of respondents said a hybrid electric powertrain is most appealing, and 6% preferred an all-electric (EV).
    WorldwideTransport
    Duff and Phelps
    Duff and Phelps
  • Article

    Cabinet Adds Banking Topic Pages!

    Cabinet Adds Banking Topic Pages.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    CFPB Issues Final Rule Governing Non-Bank Auto Lenders

    Coinciding with the publication of the new rule, the Bureau has updated its Supervisory and Examination Manual to give its examiners guidance in supervising non-bank auto finance companies.
    United StatesFinance and Banking
    McGuireWoods LLP
    McGuireWoods LLP
  • Article

    Lenny's On A Roll With 19th Location Opening In NYC

    We are excited to announce that as Lenny's/Lenwich continues to seek new opportunities to expand and grow as a brand, their team has closed a deal on a new Manhattan location at 120 University Place.
    United StatesFinance and Banking
    Pryor Cashman LLP
    Pryor Cashman LLP
  • Article

    Real Estate Finance Hiring

    BNP Paribas is seeking a Vice President - Legal Counsel to serve on the Asset Finance & Securitization (“AFS”) Legal team.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Revenue Adjusted Lease Payments Are Not REIT Qualifying Income

    On February 4, 2022, the IRS released a private letter ruling revoking its prior approval of certain lease payments as "rents from real property" for purposes of the REIT income tests.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Milbank Advises Altavair Airfinance On Joint Venture With KKR

    Milbank, Tweed, Hadley & McCloy LLP advised aircraft lessor and financier Altavair AirFinance, a leader in commercial aviation finance, on its agreement to form a long-term partnership with leading global investment firm KKR & Co.
    United StatesTransport
    Milbank
    Milbank
  • Article

    Are Legal Concerns To Blame For The Lack Of Ford Credit Link Customers?

    Devotees of "Are We There Yet?" will recall that I profiled Ford's New Shared Lease Program back in February, highlighting that the legal issues were tightly intertwined with the potential impracticalities.
    United StatesFinance and Banking
    Fox Rothschild LLP
    Fox Rothschild LLP
  • Article

    FRB Provides Guidance For State Member Banks On New Lease Accounting Standard

    The Federal Reserve Board ("FRB") provided guidance on the treatment of operating leases for state member banks under Regulation H.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Lessor Dodges A Bullet After Failure To Comply With New York's Notice Requirement For Automatic Lease Renewals

    Many leases of personal property and contracts for service, maintenance or repairs, contain an automatic renewal provision that provides, in effect, that the lease or contract will automatically renew for a specified term unless the lessee or party receiving the service, maintenance or repairs sends notice prior to the expiration of the lease or contract of their intention not to renew.
    United StatesFinance and Banking
    Moritt, Hock & Hamroff LLP
    Moritt, Hock & Hamroff LLP
  • Article

    US Consumer Financial Protection Bureau To Supervise Nonbank Auto Finance Industry

    On June 10, 2015, the US Consumer Financial Protection Bureau published a rule that for the first time permits CFPB oversight over larger non-bank auto finance companies.
    United StatesFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Chicago Personal Property Lease Transaction Tax Advisory: Voluntary Disclosure Form Due By January 1, 2016

    The City of Chicago Department of Finance ("the Department") has expanded the enforcement of its personal property lease transaction tax.
    United StatesTax
    Duane Morris LLP
    Duane Morris LLP
  • Article

    FTC Consent Order With Two Ohio Auto Dealers Resolves Misleading Advertising Claims

    The FTC barred the Progressive Dealers from misrepresenting the cost of vehicle purchases and leases, or "any other material fact about the price, sale, financing, or leasing of any vehicle."
    United StatesConsumer Protection
    Troutman Pepper Locke LLP
    Troutman Pepper Locke LLP
  • Article

    Aurora Capital Adds Three Retailers To Gansevoort Row

    Pryor Cashman client Aurora Capital Associates recently closed on leases to three retailers in New York City's famed "Gansevoort Row" in the Meatpacking District.
    United StatesFinance and Banking
    Pryor Cashman LLP
    Pryor Cashman LLP
  • Article

    European Banking Authority Proposes Revised Implementing Technical Standards For Supervisory Reporting Under The Capital Requirements Regulation

    On August 28, 2018, the European Banking Authority launched a consultation on proposed revisions to the existing Implementing Technical Standards for the financial reporting, or FINREP,
    United StatesFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    MoFo Advises SoftBank On Investment In Brazil's QuintoAndar

    Morrison & Foerster represented SoftBank in connection with a Series D investment round totaling US$250 million in QuintoAndar
    United StatesFinance and Banking
    Morrison Foerster
    Morrison Foerster
  • Article

    On NPR: Why Lehman Still Exists 10 Years After Its Collapse

    Christopher Kiplok, counsel to the trustee in the liquidation of Lehman Brothers, was interviewed by NPR's Marketplace regarding the 10th anniversary of the collapse of Lehman Brothers.
    United StatesFinance and Banking
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Rating Agency Developments - March 11, 2019

    On March 6, Moody's published a rating methodology for Publicly Managed Airports and Related Issuers.
    United StatesFinance and Banking
    Orrick
    Orrick

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