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Leasing News is a web site that posts information, news, and entertainment for the commercial leasing and finance industry. The News Edition is updated Monday, Wednesday and Friday.

Equipment Leasing Opportunities throughout the U.S. Controller: West Coast • Copier Sales Reps: Florida
• Producing Healthcare Leasing Mgr: Midwest
• Truck / Trailer Leasing Rep: Southwest
• Vendor Sales Team: Anywhere U.S.

Wednesday, July 13, 2011

Today's Equipment Leasing Headlines

  Companies who notify lessee in advance of lease expiration
   and require their discounter to also notify lessee in advance
    Classified Ads---Controller
     Remembering Jeffrey Taylor, Age 60
   Kingsbridge Holdings doubles size with Trilogy Leasing
    Green and Fawke form Afinagri LTD
     Update: Photos on Stalwart Contract Facebook
      Classified Ads---Help Wanted
        Placard---I’m not bossy!
         Agility Ventures Announces Third Investment Fund
          Newport Beach, California Adopt-a-Dog
           Classified Ads---Leasing Attorneys
News Briefs---
 Caterpillar completes biggest deal ever in its history
  Navitas Lease Launches Hardware as a Service for MSPs
   Paris Air Show Wrap-Up by Phillip Copple
    SeaCube Container Leasing Limited (BOX): Zacks Rank Buy
     Gold hits record high on debt fears/chance of more Fed stimulus
       Office leasing rate grows in NYC
        Amazon sales tax battle centers on jobs
         Banks will no longer sell Savings Bonds
          Ted Danson takes over 'CSI'

Broker/Funder/Industry Lists | Features (collection)
Top Ten Stories Chosen by Readers | Top Stories last six months

   Congress hears outcry from business on debt ceiling/deficit
   You May have Missed---
    Sports Briefs
      California Nuts Brief---
       "Gimme that Wine"
         This Day in American History
           Daily Puzzle
             Weather, USA or specific area
              Traffic Live----

######## surrounding the article denotes it is a “press release” and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer. It is considered “bias” as it is the writer’s viewpoint.




Companies who notify lessee in advance of lease expiration
and require their discounter to also notify lessee in advance

ABCO Leasing
Advantage Funding
Agility Ventures LLC
Allegiant Partners
Bankers Capital
Black Rock Capital
BSB Leasing
Commerce National Bank


Dakota Financial, LLC
Madison Capital
Marquette Equipment Finance
Mesa Leasing
Maxim Commercial Capital
National Machine Tool Financial Corporation
Northwest Leasing Company
Pawnee Leasing Corporation


A -Accepts Broker Business | B -Requires Broker be Licensed | C -Sub-Broker Program
| D -"Private label Program" | E - Also "in house" salesmen

ABCO Leasing, Inc.
Bothell, Washington
Brad Christensen
26 states.
$50,000 - $450,000

We do not do Evergreen leases. Although our leases do not have a provision for renewals we do offer a 6 to 12 month fixed term renewal to our lessees when they reach the end of term if they have paid well or if the P.O. is a fairly sizable amount. At the end of the renewal term they own the equipment for $1.00.

The actual end of term option is to purchase for 10% plus other taxes and assessments then due or return the equipment.

Our lessees have been very receptive to our renewal option and we always notify lessees at least 30 days in advance of lease end.
Rowan Clark

Advantage Funding
Edward P. Kaye

Vehicles Only

$10,000 - $1,000,000

We do not have an Evergreen Clause in our lease contracts and always inform the lessee in advance about the expiration date of the lease.
Ed Kaye

Agility Solutions
Hal Hayden
(928) 541-0771

$50,000 - $1,000,000
(Master Lease)

Does Subprime Leases

We do use an “evergreen clause” in our master lease, but we proactively communicate with our clients prior to the end of the lease term regarding their purchase options. Most of our leases have a fair market value purchase option with a cap and it is important for us to reach agreement with the client on a purchase price prior to the termination of the lease schedule. (All of our clients have multiple schedules under their master lease, so they are familiar with our process.)

We have had a few clients choose to extend on a moth-to-month basis and we always credit those payments to the purchase if and when they buy the equipment. We also allow clients with a good payment history to pay their buyout over 6 to 12 months if they prefer to.

In our business of leasing technology equipment which is deployed in thousands of locations, the evergreen renewal is an important tool only in the event that a client says they will not buy the equipment and they will not return it in working condition.
Hal Hayden

Allegiant Partners Incorporated
Scott Enbom
(415) 257-4200, x207
Nationwide, including Alaska & Hawaii
$20,000 to $275,000

"On a $1, EFA, Put, or lease with a fixed purchase option under 10% of original equipment cost, we do not do automatic renewal. On true operating leases we also always notify lessees of a residual due."
Scott Enbom

Bankers Capital
Larry LaChance - President
Nationwide - 50 States

$25,000 +

Bankers Capital’s policy and procedure at the end of the Lease term is to bill for the residual assuming there is no continuing default and the Lessee has satisfied its Lease Obligations. We either get paid or we will even work with them to stretch it out over a few months for cash flow reasons. We only do true Leases and do not do 1.00 out Leases. So we do notify all Lessees. We would rather have repeat business with a new Lease than a pissed off customer with renewal payments for who knows how long.

Our Lease documents do state that they either return the equipment, purchase the equipment, or if they choose neither, then the Lease will renew automatically month to month. We prefer that they exercise their purchase option and we try and make it easy for them to do that.

Side comments to Lessors who insist on Evergreen clauses and deceptively collecting on them: IF you can’t get your yield on the stream plus the intended residual, Don’t Bait and Switch to get it. That is what gives our industry and Lessors a bad reputation. If you keep it up, it won’t be long before we become regulated. When that happens, it will cost you more to stay in business under those regulations and you will make less money in the long run. And guess who will regulate you???
Larry LaChance

BSB Leasing, Inc.
1992 Colorado, Hawaii
Don Meyerson, Pres.
Bruce Zwillinger, Vice President
800.945.3372 ext. 306
Randy Propect, East Coast
Vicki Shimkus,CLP
West Coast Brokers

First we don't have a discounting program. We do however allow a broker to "own" the residual. But we only allow transactions to be documented using our document which does not contain an evergreen clause.

BSB Leasing, Inc. generally does not take a residual position in the leases we write for our own portfolio. We either write $1 purchase options or PUTS. We do not have an evergreen clause in our lease or EFA contracts. In the rare event that we do take a residual position we do notify the client when the agreement is coming to term and a residual is due.
Don Myerson

Black Rock Capital
George Booth
US Canada (F)

$50,000 to $3MM

$250,000 average transaction

They are in fact notified in that we will not only invoice them if notification is not received and also we call them.
George Booth

Calfund, LLC
Harry Saghian
Western States


Does Subprime Leases

We do not use Evergreen clauses and always notify the lessee before the lease expires about any residual or purchase option.
Harry Saghian

Commerce National Bank
Bob Robichaud, CLP
Primarily California
Full credit packages up to $1.5MM

"We do offer discounting as well as brokered transactions, and we have approved some Lessor documents for discount. But if we aren’t willing to accept a Lessor’s specific Lease or EFA documents we have a complete set of own “generic” documents they can use. However; our documents do not have any Evergreen, Wintergreen or any other form of renewal or extension provision language."

"Whoever discounts to us either has it in their document or gives us a written statement that they inform lessee in advance about the end of their contract, and don't abuse Evergreen clause."
Bob Robichaud, CLP

Dakota Financial
Mae Philpott
310.696.3030 x122
fax 310.696.3035
$10,000 to $1MM

"Dakota never has and never will write an evergreen clause into our leases. One of the great things about our program is that our purchase option is actually already calculated into our lease quotes (with the term residual structure) so that customers know from day 1 exactly how much they will pay to own their equipment at the end of the lease."
Mae G. Philpott

Madison Capital
(formed by merger of Harbor Leasing,
started 1983,
& Fox Valley Leasing, started 1974)
Allan Levine, COO
443.796.7333 x7337

Nancy Pistorio, EVP
443.796.7333 x7325

443.796.7333 x7348
Fax: 443.796.7200


U.S., Canada, Puerto Rico
$10,000 to $450,000, Vehicles: Unlimited



When our leases are up, they are up. No extra billing(s).
Allan Levine

Marquette Equipment Finance
(a subsidiary of Meridian Bank) Midvale, Utah
Dorran Sampson
Vice-President/Broker Relations
$100,000 - $5,000,000

Marquette Equipment Finance does not offer an Evergreen product. Our master lease provides for extensions but is negotiated at the schedule level. Notice periods are also negotiated at the schedule level and vary depending on the Lessee’s needs.
Dorran Sampson

Maxim Commercial Capital, LLC
Doug Houlahan, CLP
Shervin Rashti, CLP

$35,000 - $500,000

While we have an Evergreen clause, it is not our intention to rollover the lease and we are in
communication with our lessee regarding the termination of the lease contract.
Shervin Rashti, CLP

Mesa Leasing, Inc.
Jeff Macdonald
Arizona, California, Idaho, Oregon, Nevada, Utah, Washington

$10,000 - $100,000

Mesa Leasing does not have an evergreen clause in our contract.  We do have a clause that says
payments continue until the equipment or the residual is paid.  Mesa does notify lessees that the
lease has been paid and the residual is due or the equipment can be returned.  To date no one
has returned their equipment once they learn that the equipment has to be delivered to Mesa in good working order.
Jeff MacDonald

National Machine Tool Financial Corporation
Chris Chiappetta, Robert Lang, Susan Adamatis
800-669-7527 (CC)


We/I do not advocate the “Evergreen or Wintergreen Clause.”

The majority of our transactions are $1.00 option leases and we DO NOT continue to bill monthly payments after the last term payment has been made.

If there is a residual due, we DO notify lessees in advance via invoice for the residual amount.
Susan Adamatis

Northwest Leasing
Company, Inc.

Bellevue, Washington
Tad Rolfe 425-827-8386
(more info)

Washington, Oregon, and Idaho

$10,000 to $75,000 (Avg. $25K)

We send billing statements every month.  We have a signed Residual Agreement the day
the lease begins and bill the residual the month after the last billing statement.  We usually collect
a Security Deposit up front and that is automatically credited at the time of the Residual Billing.
Tad Rolfe

Pawnee Leasing Corporation
Gary H. Souverein President
(800) 864-4266 ext. 222
(Click here for further description)

$1,000 - $50,000

Does Subprime Leases

We do not discount with anyone so that's not an issue; everything is on our docs.

We do indeed have a thorough notification process that includes layman, written notices on FMV style leases at 90 days before expiration, at expiration and post expiration to all of our lessees.  I'd add that any renewal payments contractually are at 50% of the regular payment and is month-to-month.  We are cognizant of the negative ramifications that "evergreen" brings to our firm, our brokers and industry and do our best to avoid any and all abuses.  We think our processes are tilted to the benefit of our customers as they should be.


Classified Ads---Controller

(These ads are “free” to those seeking employment or looking
to improve their position)

Chicago, IL
experienced in lease accounting, operations, management, and Sarbanes-Oxley. Seeking position with equipment lessor. Would consider contract assignments or relocating.
Southeastern, MI
Controller & Management experience w/ equip lessors &broker. MBA, CPA w/ extensive accounting, management, securitization experience with public and private companies. Willing to relocate.

Southern CA
20 years exp. as hands-on leasing CFO, managing accounting, treasury, FP&A, including securitizations, Great Plains/FRx, budgets, risk management.  MBA.  Also available as interim Controller/CFO, consultant.

Free Posting for those seeking employment in Leasing:

All “free” categories “job wanted” ads:


Remembering Jeffrey Taylor, Age 60

Thank you for sharing the sad news. Jeff touched thousands positively in the leasing world. I'll always remember a dinner with him in Salt Lake City.

He had passion, personality, candidness, warmth and most importantly love of his family. He will be missed and his memory a blessing. “

Keith Drayer
Henry Schein Financial Services

Rest in Peace Jeff. He was a good man. “

Edward Castagna

Jeffrey was a multi-faceted individual who will be missed by those of us to got to know him well.”

Bruce Kropschot, Senior Managing Director and
Merger & Acquisition Advisory Practice Leader
The Alta Group, LLC

Sorry about your loss. I had not met Jeffrey in person but we had e-mailed many times about the program. He is going to the heaven. A good man.”

Curt Webster, CVLE
Vehicle Lenders Group, LLC

So sorry to hear of Jeff's passing. I know how close you were to him.”

Rob Day
Pawnee Leasing

My condolences to Jeff’s family…and especially to Toby, who stood by him through thick and thin….”

Debbie Monosson

I did not know Jeff very well but it appeared he was blessed and cursed with a staggering intellect. His quest for knowledge and recognition gave this industry some excellent resources which will survive into the future. He battled his demons and may he now rest in piece.”

Hugh Swandel
The Alta Group

It was only a couple of weeks ago when I spoke to Jeff Taylor in the hospital. He and I had been friends for years and I have a couple of the remarkable books he has written. On the phone at the hospital, he talked so much about wanting to go home and do his gardening, and plant flowers, and get his hands dirty. He loves working in the yard. He was so very focused on getting out of that hospital and coming home. He had such a passion for his yard and I felt that his attitude was so great & full of hope that he would be home soon. I never figured we would lose him, especially this soon. He sounded so tired on the phone, yet he wanted to keep talking. I feel so privileged that I got to speak to my long time friend before he passed on. We even had a couple of laughs. He gave me encouragement to keep fighting with my own battle against Cancer. We talked about each other's treatments and it seemed to help both of us to have each other to talk to. He seemed more worried about me than himself. Incredible. We were good therapy for each other. I hope I helped his remaining time in some small way. I know he sure inspired me to tough it out and get through the treatments. He is now with God and in no more pain. Perhaps there are even flowers up in heaven that Jeff can enjoy. He was truly a remarkable man who touched many lives and I will remember him always. God bless you Jeff and may you have eternal peace and happiness.

Rosanne Wilson

P.s. - I feel sad for you Kit. I know he was a long time friend of yours. Don't beat yourself up for not calling him each week. You did a damn good job of reaching out to him. He slept so much of the time too Kit. (just like me) There were many times you probably tried to call but he was not awake and his wife and/or the nurses didn't want to wake him up. Thanks to you for telling Jeff that I also wanted to call and talk to him. I thank God I had at least the one nice chat with Jeff. I really did not expect him to die this quick. In fact, I thought there was still a possibility they could get him turned around. Perhaps that was wishful thinking. But I am grateful to you Kit for telling Jeff that I wanted to call and getting his "okay" first.

I am still sleeping about 16 or 17 hours a day Kit. It's amazing how the cancer treatments knock you down.

thank you my friend - I am so sorry for your loss too.

Rosanne Wilson, CLP

1st Independent Leasing, Inc.


Kingsbridge Holdings doubles size with Trilogy Leasing

Kingsbridge Holdings, LLC, Lake Forrest, Illinois has acquired Trilogy Leasing Co. LLC, Cranbury, N.J., a leasing services provider of new and previously owned technology equipment, increasing Kingsbridge’s Total Assets in excess of $420 MM; bringing the total original equipment cost financed in their portfolio to approximately $600 MM.

Dan Flagstad, co-founder and co- CEO of Kingsbridge Holdings

“We are excited about adding Trilogy to the Kingsbridge team, “Dan Flagstad, co-founder and co- CEO of Kingsbridge Holdings, said,” Our goal is to develop a solid base of offerings in the high growth technology leasing space. The earlier acquisition of Capital, Technology & Leasing, LLC ("CT&L") was one move in this direction. Trilogy has created a brand based on relationships and tremendous customer service which is a great fit with the culture of Kingsbridge.”

Jeff Liebenthal, Trilogy Leasing Company’s President and CEO

“Kingsbridge Holdings will provide capital to continue our growth while broadening our product offerings in the areas of healthcare, material handling and manufacturing equipment,” Jeff Liebenthal, Trilogy Leasing Company’s President and CEO, said. Additionally our firms share the core values of providing superior customer service and building long-term relationships.”


Green and Fawke form Afinagri LTD

Phil Green has retired from De Lage Landen International and along with his colleague David Walke has established Afinagri.

Phil Green

Green has four decades of global experience gained in a number of senior roles including living and working in Australia and South East Asia where he established new businesses. He has played a pivotal role in structuring, negotiating and developing a number of highly successful and long standing joint venture finance businesses.

He has purchased and sold companies and portfolios and has experience of working with captive finance companies. He has done business in 20+ countries across Europe, USA, China, Brazil and Russia.

Dai Fawke

Fawke has worked in the finance and leasing industry for over 35 years with manufacturers, dealers and end users in many European countries including Central and Eastern Europe. He has been instrumental in setting up new start global vendor programs by understanding the "point of sale" market needs and developing solutions to fit local conditions.

Email :
Web :
Mobile : +44 (0) 7738 467235
Office : +44 (0) 7851 213343
Fax : +44 (0) 1438 718506



Up-date: Photos on Stalwart Contract Facebook

"Fyi, the photos of the women in a restaurant referenced on Stalwart Contract Finance’s Facebook are from the 2010 Women in Leasing Luncheon at NAELB Annual Convention."
   Sharil Lipski

"The Photos are from the 2010 Women in Leasing Luncheon coordinated by ACC Capital...
If my recollection serves, each of us that attended paid $15. - $20, which covered our meal.  My understanding was that, as long as we had around 20 attendees, this "cover" would pay the entire bill."
   Sonia v.M. Stoddard

(Loni Lowder confirmed that the photos were from the NAELB Women's Luncheon and the owner of Stalwart is not in the photos. editor)

Photo's on the Stalwart Facebook page:



Leasing Industry Help Wanted

Equipment Leasing Opportunities throughout the U.S. Controller: West Coast • Copier Sales Reps: Florida
• Producing Healthcare Leasing Mgr: Midwest
• Truck / Trailer Leasing Rep: Southwest
• Vendor Sales Team: Anywhere U.S.

For information on placing a help wanted ad, please click here:

Please see our Job Wanted section for possible new employees.



#### Press Release #############################

Agility Ventures Announces Third Investment Fund;
First Two Funds Provide Healthy Returns on Broadband Financing

Lease Fund III Widens Net of Investment Opportunities to Include Solar, Data Services, GPS and Web Services

(Prescott, Ariz.)– Agility Ventures, a leader in the leasing and financing of early-stage technology and broadband companies, is pleased to announce the closing of their third investment fund. The Agility Fund lll will participate in a broad range of technology, investing in opportunities from broadband to medical devices. All of the investments that the third fund will take part in show a promising future of rapid growth and recurring revenue. The funding has been raised from accredited investors located all across the United States.

“Our success has been due to cautious investments in early stage companies with recurring revenue for mission-critical services,” said Hal Hayden, managing partner of Agility Ventures. “Because our investment model mitigates much of the risk associated with rapidly growing early-stage technology companies, we will stick closely to it as we expand our footprint.”

Agility launched its first fund in 2004 with a three-year investment window to finance capital equipment for the wireless broadband industry. All capital was returned to investors by the end of 2009 and income is still being distributed. Funds two and three have been larger than the first fund; however, both have followed the proven path of the previous funds. The Agility Lease Fund III was organized and raised by Hal Hayden and Bill MacNamara over the course of four months. All Agility funds are characterized as venture debt funds, designed to provide funding for early stage companies that need capital for immediate growth. Typically, Agility comes in alongside funding from angels or VC’s, leveraging the equity already invested in a company. Funding support of this nature is attractive to both the client company itself as well as the equity investor due to the fact that it provides the needed capital without having to organize an additional equity round.

Ernie Strauch, an Agility investor, goes on to say, “Over the years Agility has proven to deliver on their investments, often going far beyond traditional yields. Their portfolio is dynamic and their service and transparency is unmatched. I was excited to be a part of this third fund.”

Agility will widen its reach with this fund to include data centers, solar, Software-as-a-Service (SaaS) and GPS among other technologies. Agility’s approach to investing is a fully managed, monitored process, earning them a reputation of integrity and trust over the past seven years. Virtually all of Agility’s investors in the first two funds elected to participate in the third. To date, Agility has made six investments from their third fund, providing commitments of $4.3 million.

About Agility Ventures
Agility Ventures specializes in leasing, financing and consulting for early-stage technology companies. Fully owned and managed by experienced executives, Agility has been offering sound, reliable opportunities to investors since 2004. Agility creates valuable relationships between their investors and the companies they invest in that result in financial benefits to both the investor and the companies being funded. For more information visit

### Press Release ##############################

Gary DiLillo, President 216-658-5618 or

Comprehensive personal property tax outsourcing services.
Click here to see what our clients say about us.


Newport Beach, California-- Adopt-a-Dog


Breed: Bichon Frise/Poodle (Miniature) Mix Color: White - With Tan, Yellow or Fawn Age: Young

Size: Small 25 lbs (11 kg) or less Sex: Male

I am already neutered, housetrained, up to date with shots, good with kids, good with dogs, and good with cats.

SPENCER's Story...

You may meet and apply to adopt Spencer at our ADOPTION EVENT on SUNDAY, JULY 17th from 12 Noon - 3:00 at PETCO in NEWPORT BEACH.

"Spencer is a 2 year old Bichon Frise poodle mix. He is short and compact and is a healthy, happy young 11 pound boy. Spencer has very soft white fur with light tan ears. His coat is hypoallergenic and non-shedding. He has short little legs and he trots around very busily, investigating everything around him. Spencer is loving and friendly and seems able to adjust easily to his surroundings. Spencer was a victim of pet overpopulation - brought into a very overcrowded shelter where he was subsequently placed on the euthanasia list due to lack of space. He was rescued on his last day and we are so happy to give him a second chance. There is no question he deserves it. He is a first class dog and we are amazed that he was even in the shelter in the first place. Spencer is eager to please, smart and very willing. He loves to go for walks and should fit in to pretty much any household. He needs someone to show him what love and loyalty are all about and we are sure he would be thrilled to return the favor."

Spencer’s adoption donation is $350. He has been NEUTERED, MICROCHIPPED, VACCINATED, DEWORMED, DEFLEAED and PROFESSIONALLY GROOMED. Also included is his collar with ID, harness, leash, folder with all of his records, a great PETCO coupon book, and a fun goodie bag with toys, etc.

Spencer is being fostered by Pet Match Rescue Foster Volunteer, Amanda and is ready for his forever home.

You may meet and apply to adopt Spencer at our ADoPTION EVENT on SUNDAY, JULY 17th from 12 Noon - 3:00 at PETCO in NEWPORT BEACH located at 1280 Bison Ave., Newport Beach, CA 92660.

Let 'em know you saw "SPENCER" on!

Address: P.O. Box 12613
Newport Beach, CA

Adopt-a-Pet by Leasing Co. State/City

Adopt a Pet


Client Looking For A Leasing Attorney

Birmingham, Alabama
The lawyers of Marks & Weinberg, P.C. have over 30 years experience in dealing with virtually every type of equipment financing and are recognized throughout the industry for prompt, practical solutions and exemplary service. They offer cost-conscious, effective lease enforcement and good counsel.
California, National: city: Riverside
Ellen Stern - get results, reasonable pricing; numerous industry contacts, nearly 30 yrs SoCal, 20 yrs equip.: CFL license specialist, documentation, work-outs, litigated collections, recoveries; deal-maker.

Kenneth C. Greene
California & Nevada
Hamrick & Evans, LLP, Universal City , LA; San Francisco Bay
Area, No.Calif. & Nevada. Call for free consultation (828)763-5292 or (415) 806-2254,
Connecticut, Southern New England:
EVANS, FELDMAN & BOYER, LLC Collections, litigation, documentation, portfolio sales and financing, bankruptcy. We represent many of the national and local leasing companies doing business in this state. Past chairman EAEL legal committee. Competitive rates.
Los Angeles, Southern CA
Seasoned attorney representing secured creditors in auto finance and truck/equipment lease industry.  Bankruptcy and State Court litigation.   Vincent V. Frounjian (818) 990-0605 or email:

Encino, California: Statewide “ELFA”
Hemar, Rousso & Heald, LLP 30 yr excellent reputation Lessor representation commercial litigation, debt collection, and bankruptcy.
Call Stephen E. Jenkins Esq (818) 501-3800

Los Angeles, Statewide: CA.     "ELFA" Aggressive creditors rights law firm specializing in equipment leasing handling collection matters on a contingency, fixed fee or hourly cbasis.

Los Angeles -statewide: CA      "ELFA"
Practice limited to collections, bankruptcy and problem accounts resolution. Decades of experience. 10-lawyer firm dedicated to serving you. Call Ronald Cohn, Esq. (818)591-2121 or email. Email:   

Long Beach, CA
Wagner & Zielinski,  successfully representing lessees/ lessors.  Not a member of any leasing organization, therefore not beholden to special interests.  Richard Wagner
(562) 216-2952

Long Beach CA.
Paul Bent -- 30 years experience in all forms of equipment leasing, secured lending, and asset based transactions, from analysis and deal structuring to contract negotiations to closing to private dispute resolution. (562) 426-1000

Law Firm - Service, Dallas, TX. "ELFA"
Mayer regularly practices in leasing, secured financing, project development and finance and corporate finance.

National: Coston & Rademacher: Business attorneys serving the lease-finance industry since 1980. Transactional, documentation, corporate/finance, workouts, litigation, bankruptcy, portfolio management. Chicago-based national practice. Jim Coston, CLP (Members: ELFA, NEFA).

National:  The OMEGA Network Group-nationwide legal representation of small and mid ticket equipment lessors-flat fee bankruptcy & replevin, contingent collection,
billable litigation (704-969-3280)

St. Louis County , MO. - statewide:
Schultz & Associates LLP., collections, negotiation, and litigation. Also register and pursue recovery on foreign judgments. Contingency and reasonable hourly rates.
Ronald J. Eisenberg, Esq. (636) 537-4645 x108
NJ,De,Pa: Specializing in leased equipment/secured transactions. Collections, replevins/workouts reasonable rates. Sergio Scuteri/Capehart & Scratchard, PA /
Thousand Oaks, California:
Statewide coverage Spiwak & Iezza, LLP 20+ years experience,Representing Lessors banks in both State/ Federal Courts/ all aspects of commercial leasing litigation.
Nick Iezza 805-777-1175


Listings are free to attorneys who specialize in equipment leasing and have a good reputation. Posting instructions:

News Briefs----

Caterpillar completes biggest deal ever in its history

Navitas Lease Launches Hardware as a Service for MSPs

Paris Air Show Wrap-Up by Phillip Copple

SeaCube Container Leasing Limited (BOX): Zacks Rank Buy

Gold hits record high on debt fears and chance of more Fed stimulus

Office leasing rate grows in NYC

Amazon sales tax battle centers on jobs,0,2902994.story

Banks will no longer sell Savings Bonds

Ted Danson takes over 'CSI'

You May Have Missed---

Congress hears outcry from business lobby on debt ceiling and deficit


Sports Briefs----

Fielder hits three-run blast as NL wins All-Star Game 5-1

Michael Irvin: Backs Same-Sex Rights in Out Magazine


California Nuts Briefs---

'Trickle' of foreclosures continues in Silicon Valley

SF Bay Area man feared dead in Maui blowhole accident

(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)


“Gimme that Wine”

California wines making inroads in China

Rutherford winery and vineyard sold for $40 million

Five Restaurants Earn New Grand Awards in 2011

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Winery Atlas\

Leasing News Wine & Spirits Page


Please send to a colleague---Leasing News is Free

This Day in American History

      1585 - A group of 108 English colonists, led by Sir Richard Grenville, reached Roanoke Island, North Carolina. Roanoke Island near North Carolina became England's first foothold in the New World. Sir Walter Raleigh sent a detachment of 108 men to build a fort on the island. The detachment included two scientists, Thomas Hariot, a surveyor, mathematician, astronomer and oceanographer, and Joachim Gans, a metallurgist.
    1729—Birthday of Minuteman John Parker. “Stand your ground. Don't fire unless fired upon, but if they mean to have a war, let it begin here.” Captain John Parker to the company assembled on Lexington Green. 
    1787- the Continental Congress enacted a slavery ban for a territory of the United States. The law prohibited slavery forever within the borders of the Northwest Territory, a region east of the Mississippi River, north of the Ohio River, south and west of the Great Lakes, and west of Pennsylvania.     1821--I am sorry to report this is an official holiday in the State of Tennessee, where they celebrate the birthday ( 1821) of Forrest Nathan Bedford. He is a Confederate cavalry commander who was also one of the founders of the original Klu Klux Klan. The KKK was composed of many ex-Southern Civil War soldiers, almost as if it were a “veterans organization.”
    1832 - Ethnologist Henry R. Schoolcraft was the first white person to arrive at the source of the Mississippi River at Lake Itasca, Minnesota. A pioneer in Native American studies, Schoolcraft conducted ethnological research among the Ojibwa in the Great Lakes region.
    1863-starting today and lasting until July 16, antidraft riots broke out in New York City. Modern history's bloodiest riot began when a mob of 50,000 Civil War draft protesters burn buildings (including an orphan asylum), stores and draft offices, attack police. Some club, lynch and shoot large numbers of blacks, who they blamed for the war. Rioters were protesting the provision allowing true red-blooded flag-waving Americans to make cash payment in place of serving in the army. When troops returning from Gettysburg finally restored order, 1,200 were dead.
    1863-- Mary Emma Woolley birthday, president of Mt. Holyoke College (1900- 1937) who under strong leadership expanded it to a major learning institution.
   She was voted one of the 12 most influential women in America.
    1865 Horace Greeley advises his readers to "Go west young man.”
    1868 --Oscar J Dunn, former slave, installed as lieutenant governor of Louisiana.
    1869 -- Street riots against Chinese laborers begin in San Francisco.
    1869 --  Street riots against Chinese laborers begin in San Francisco
    1886--- Birth of Father Edward Flanagan, American Catholic parish priest. Believing there was 'no such thing as a bad boy,' in 1922 he organized Boys Town near Omaha, Nebraska.
    1897- A US patent is granted to inventor Guglielmo Marconi for the radio.
    1915- Baltimore, MD, became the first city to support a City orchestra  ( $6,000 ).
    1936 112ø F (44ø C), Mio, Michigan (state record)
    1936 114ø F (46ø C), Wisconsin Dells, Wisc. (state record)
    1938 - When the first television theatre opened in Boston, Massachusetts, spectators paid 25 cents to witness the event. Attended by 200 people, the variety show included dancing and singing, and lasted 45 minutes. The acts were transmitted to the room, by television, while the were being performed on the floor above the theatre. 
    1939 - Making his recording debut with the Harry James band was Frank Sinatra, who sang "Melancholy Mood" and "From the Bottom of My Heart."
( lower half of: )
    1940  Captain Jean-Luc Picard Birthday.
    1946---Top Hits
They Say It's Wonderful - Frank Sinatra
The Gypsy - The Ink Spots
I Don't Know Enough About You - The Mills Brothers
New Spanish Two Step - Bob Wills
    1954---Top Hits
Little Things Mean a Lot - Kitty Kallen
Hernando's Hideaway - Archie Bleyer
The Little Shoemaker - The Gaylords
Even Tho - Webb Pierce
    1958- While on tour in Rhinelander, Wisconsin, Buddy Holly water skis across Lake Rhinelander and nearly drowns when he loses control and falls into the water.
    1959 - The Shirelles song, "Dedicated To The One I Love", was released. The song only hit number 83 on "Billboard" magazine's Top 100 chart. When the song was re- released in 1961, it went to number three on the charts. 
    1959- Paul Anka's' "Lonely Boy" hits #1
    1960 --Democratic National convention nominates Senator John F Kennedy for president.
    1962---Top Hits
The Stripper - David Rose
Roses are Red - Bobby Vinton
Al Di La' - Emilio Pericoli
Wolverton Mountain - Claude King
    1963--- At the age of 43, Early Wynn pitches the first five innings to register his 300th win as the Indians down the Kansas City A's, 7-4. It will be his last major league win.
    1968-Paul Simon and Art Garfunkel's album, "Bookends" is #1 for the third week in a row. That album along with the "Mrs. Robinson" soundtrack will give the duo 16 straight weeks at #1 on the L.P. charts.
    1968-Steppenwolf's "Born To Be Wild" is released.
    1970---Top Hits
Mama Told Me (Not to Come) - Three Dog Night
Ball of Confusion - The Temptations
Ride Captain Ride - Blues Image
He Loves Me All the Way - Tammy Wynette
    1971 - At the All-Star Game at Tiger Stadium at Detroit, Michigan, Reggie Jackson hit a home run off Doc Ellis. The ball bounced off a light tower deep in right field. With a score of 6-4, the American League won the game. 
    1972 - Baltimore Colts owner Carroll Rosenbloom and Los Angeles Rams owner Robert Irsay proposed a unique trade to the NFL, when the wealthy businessmen traded teams. 
    1973 - During a concert at the John Wayne Theatre in Buena Park, California, the Everly Brothers broke up. Right in the middle of the concert Phil Everly walked off the stage, brother Don said, “The Everly Brothers died ten years ago.”  They recently joined together to sing with the “Simon and Garfunkle” Tour, as both Paul Simon and Art Garfunkle have acknowledged they started singing together to become just like their idols, the Everly Brothers.
    1973 - Alexander Butterfield reveals the existence of the Nixon tapes to the special Senate committee investigating the Watergate break in.
    1974---George McCrae's "Rock Your Baby" begins the first of two straight weeks at #1.
    1974--Eric Clapton's "I Shot The Sheriff" is released.
    1977 --  New York City blackout
    1978---Top Hits
Shadow Dancing - Andy Gibb
Baker Street - Gerry Rafferty
Take a Chance on Me - Abba
I Believe in You - Mel Tillis
    1980 - Afternoon highs of 108 degrees at Memphis, TN, 108 degrees at Macon, GA, and 105 degrees at Atlanta, GA, established all-time records for those three cities. The high of 110 degrees at Newington, GA, was just two degrees shy of the state record
    1982 - In Montreal, Canada, the first All-Star Game to be played outside the United States took place. For the eleventh consecutive year, the National League won when it defeated the American League 4-1. 
    1984- The Yankees retire Roger Maris (#9) and Elston Howard (#32) uniform numbers. The team also erect plaques in their honor to pay tribute to their achievements as Bronx Bombers..
    1984 - When sportscaster Howard Cosell asked to leave "Monday Night Football," saying he was “tired of being tied to the football mentality." Roone Arledge gave him what he wanted, and a year later, Cosell was removed from television altogether. 
    1985 - Simultaneously, the "Live Aid" concert, for African famine relief, occurred in Philadelphia, Pennsylvania and London, England. Performances from JFK Stadium in Philadelphia, London's Wembley Stadium and other venues were broadcast world-wide and raising over $70 million. The all-day and most-of-the-night concert showcased some of rock 'n' roll's biggest names including Mick Jagger, Tina Turner, Madonna, Bob Dylan and Paul McCartney. The concert was attended by 162,000 people, while 1.5 billion people watched the show from their televisions. Bob Geldorf, singer for Boomtown Rats organized the "Live Aid" concert and was responsible for gathering the big name stars, all of agreed to perform without pay. 
    1985 - "A View to a Kill," from the James Bond movie of the same name, performed by Duran Duran, went to the top of the record charts, staying on top for two weeks. Both themes from James Bond movies, "Live and Let Die" by Wings and "Nobody Does It Better" by Carly Simon only reached number two on the record charts. 
    1986---Top Hits
Holding Back the Years - Simply Red
Invisible Touch - Genesis
Nasty - Janet Jackson
Hearts aren't Made to Break (They're Made to Love) - Lee Greenwood
    1986 - Philadelphia Phillie Kent Tekulve broke the National League record for relief appearances for his 820th performance. He helped his team win in the 11-inning over the Houston Astros 5-4. The old record holder was Elroy Face of Pittsburgh.
    1987-Representatives of fifty of America's largest record retailers are guests at Michael Jackson's home in Encino, California to preview his new album, "Bad". The LP, which includes the singles, "I Just Can't Stop Loving You", "Bad", "The Way You Make Me Feel", "Man in the Mirror" and "Dirty Diana", would go on to reach number one on the Billboard Hot 200 chart and sell over 30 million copies worldwide.
    1989 - A thunderstorm at Albany, GA, produced 1.40 inches of rain in forty minutes, along with wind gusts to 82 mph. Afternoon highs of 98 degrees at Corpus Christi, TX, 110 degrees at Tucson, AZ, and 114 degrees at Phoenix, AZ, equaled records for the date. Greenwood, MS, reported 55.65 inches of precipitation for the year, twice the amount normally received by mid July.
    1995-Rush vocalist Geddy Lee sings "Oh Canada" before the All-Star Game at Baltimore's Camden Yards. 
    1995 - The temperature in Chicago, Illinois reached its all-time high -- 106 degrees (Fahrenheit) -- recorded at Midway Airport.
    1996- A Guinness World Record for largest jam session ever is broken when over 2,000 guitarists play a version of Elvis Presley's "Heartbreak Hotel" for 75 straight minutes.
    1999 - Boston Red Sox pitcher Pedro Martinez became the first pitcher to open an All-Star Game with four strikeouts and fanned five in two dazzling innings to lead the American League to a 4-1 victory over the National League at Fenway Park.





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