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Leasing News is a web site that posts information, news, and
entertainment for the commercial alternate financing,
, finance and leasing industries

Senior Credit Analyst

- Minimum 5 years of small ticket/high volume equipment finance underwriting experience preferred
- Relocation benefits available for the right candidate
- For a complete job description, please click here

Senior Credit Analyst - Transportation

- Minimum 5 years of small ticket/high volume equipment finance underwriting experience preferred
- Relocation benefits available for the right candidate
- For a complete job description, please click here
Established in 1982, Pawnee Leasing Corporation located in Fort Collins, CO specializes in commercial equipment leasing and financing up to $150,000 to smaller, closely-held business enterprises. Pawnee Leasing is a U.S. subsidiary of Chesswood Group Limited, a publicly-held specialty financial services company based in Toronto, Canada (TSX:CHW).

Friday, July 22, 2016

Today's Equipment Leasing Headlines

Dan Lee (1953- 2016) Obituary
 Response from Friends in Leasing & Finance
New Hires/Promotions in the Leasing Business
  and Related Industries
Leasing Industry Ads---Help Wanted
Positions Available
Affordable Marketing Packages
FinTech #102 by Brittney Holcomb
Siemens Tagged for Cutting Off Critical Healthcare
Supplies to Hospital in Retaliation for Breach of Lease
  By Tom McCurnin Leasing News Legal Editor
Monthly Active Users of Selected Social Networks
   and Messaging Apps --Chart
Leasing and Finance Conferences
  Some Early Bird Ending in a Week
Cosmos/Our Little Sister
Everybody Wants Some/Green Room/Carnival of Souls
Movie/Digital Reviews by Fernando Croce
Labrador Retriever -Special Needs/Blind
Boulder, Colorado  Adopt-a-Dog
Leasing News Classified Ads
Operations / Remarketing / Repossessions
News Briefs---
GATX Reports 2016 Second Quarter Results
   Has Paid a Quarterly Dividend, Uninterrupted, Since 1919
Maturing FinTech Startups Find Paths
    into Established Financial Firms
FinTech Startups in a 'Historic Moment'
      Thanks to Asian Funding
US Congress Calls Upon Government to Support
     Blockchain and FinTech
A rather unusual collaboration: Amazon teams up
     with Wells Fargo on private student loan deal

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
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      California Nuts Brief---
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          This Day in American History
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               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.

Working Capital from $10,0000 to $250,000                 




Dan Lee (1953- 2016) Obituary
Response from Friends in Leasing & Finance

Lee, Dan, 63, passed away unexpectedly June 27, 2016, as a result of complications from an accident while vacationing in Boulder, Colorado.

 A celebration of Dan's life will be held at 10 a.m. Saturday, July 30, 2016, at St. Andrew's Presbyterian Church, 3228 S.W. Sunset Blvd., Portland, OR 97239.

His wife, Vicky, and family invite you to attend.


Dan Del Lee
March 14, 1953 - June 27, 2016
Boulder, Colorado

Dan Del Lee was born in Boulder, Colorado on March 14, 1953 to Hal and Anna Lou Lee.  He enjoyed an adventurous childhood living in Colorado, California, Hawaii, and Oregon.  Dan graduated from Wilson High School and attended Forest Grove College in Oregon and eventually moved into sales, leasing, and aviation lending for his lifelong career.

He married Victoria Beayot on September 27, 1993, in Denali National Park, Alaska.  Dan and Vicky loved spending time with their friends and family, live music and local festivals, and traveling together.  Dan & Vicki also enjoyed their dogs Kelsey and Tanner.  Dan and Tanner especially enjoyed all their human and dog friends at the local dog park near their house in West Linn.  Dan enjoyed sailing and scuba diving, flying, and outdoor activities during visits with his brother in Colorado.

Dan experienced an interesting career in equipment and aircraft lending, which introduced him to many return clients and adventurous trips abroad.  His current position was at the Bank of the Cascades as their Senior Vice President of Aircraft Lending.  Prior to this position, he was Owner and Partner of Executive Capital and Horizon Leasing, leasing equipment and aircraft to companies and individuals. 

Dan is survived by his wife, Victoria Lee; his parents, Hal and Anna Lou Lee; his sister, Lynn Brown (Jack); his brother, Dave Lee (Maggie) and nieces Meagan (Nick) & Emmaline (Lee), nephews Matt, Ryan (Samantha), & Nolan (Brooke), and grandniece (Olivia) and grandnephew (Carter).

Photo Gallery

(Memory Book and other information)

Response from Friends in Leasing and Finance

"News of Dan Lee's passing came as a real shock to me this morning. I met Dan and his lovely wife thirty years ago and just spent a lot of time in conversation with him at NAELB in Las Vegas a couple of months ago. Dan was one of the real nice guys in our industry and carved out an amazing niche in the private aircraft leasing sector. Dan was one of the most admired leasing professionals that I can remember in my career and he did in his own confident, enthusiastic and low key manner. I had the greatest admiration for Dan and will truly miss him.  He was way too young to be leaving us at this time."
Paul J. Menzel, CLFP
President & CEO
Financial Pacific Leasing, Inc.,
 a subsidiary of Umpqua Bank

"Very sorry to hear about Dan Lee. He was my go-to guy for aircraft deals and I liked his style. RIP Dan Lee"
John M. Leber
Equipment Finance Specialist
Park Western Leasing

"Dan was a good friend and a colleague. I haven’t talked to Dan in the last six months. He and I shared a passion for aviation as I still am a private pilot. We have worked together on several aviation deals and Dan we will miss you. A quality gentleman."
Bud Callahan
National Equipment Leasing

I posted a piece on the NAELB Forum yesterday about my good friend Dan Lee. He was here in Portland with me so I knew him well.

"I was saddened to read in today's Leasing News that Dan Lee, who I always called the "airplane guy," has passed away. He was a long time member of the NAELB for as long as I can remember. You may have seen his name appear from time to time on this Forum, if someone posted a need for a lender who financed airplanes or helicopters. Dan was Sr. Vice-President of Aircraft Lending at the Bank of Cascades in Oregon. Being in the same city as I am, I became friends with Dan a very long time ago and I was happy to see him again at the NAELB annual conference in Las Vegas in May. I visited with him for quite some time at the conference. He looked great and he said he was feeling great. The obituary is not published yet, so I don't know any details yet and neither did Leasing News. If any of you knew Dan, you would agree that he was a great guy and very hard working. He had a terrific personality and loved the NAELB. He always enjoyed coming to the conferences. He looked forward to them every year. I will sure miss him. This was a real shock."
Rosanne Wilson, CLFP, BPB
1st Independent Leasing, Inc.

I just read Wednesday’s Leasing News and saw that Dan Lee has passed away. I have known Dan for many years and have always considered him as one of my “Leasing Buddies”. I am very sad and send my condolences to his close friends and family. Rest in Peace, Danny.
Ginny Young
Ortco, Inc.



New Hires/Promotions in the Leasing Business
and Related Industries

Bobby Briggs was hired as Vice-President, Executive Sales Officer, Signature Financial, New York, New York. He is based in Fort Worth, Texas. "He has nearly 20 years of experience in the transportation specialty finance industry.  Most recently, he was general manager and sales manager at Southwest International Trucks, Inc., a commercial truck dealership with six locations throughout Texas.  In addition, Briggs also was president and sales manager of commercial truck rentals and leasing in the fleet arena for the company’s truck leasing arm, Southwest Idealease.  Earlier, Briggs worked in sales at Navistar Financial, a subsidiary of Navistar, a leading manufacturer of commercial trucks, buses, defense vehicles and engines, where he handled debt and lease financing for clients located in North Texas, Oklahoma, Kansas and New Mexico."

John Butera was promoted to Business Development Officer, Signature Financial, Division of Signature Bank,  New York, New York. He is based at the Bank’s ABL offices in midtown Manhattan. He joined the bank February, 2016, as Vice President. Previously, he was Director, Capital One Business Credit Corp. (July, 2004 – February, 2016); Vice President, Transamerica Business Capital Corporation (2001 – 2004); Vice President, IBJ Whitehall Business Credit Corporation (1996 – 2001); AT, The Bank of New York Commercial Corporation (1992 – 1996). Education: The Bank of New York Credit Training (1992 – 1993). Saint John's University, Bachelor's degree, Accounting and Finance (1981 – 1985). Activities and Societies: Commercial Finance Association.

Chris Byrnes was hired as Vice-President, Executive Sales Officer, Signature Financial, New York, New York. He is based in St. Louis, Missouri. He "...recently, he was general manager and sales manager at Southwest International Trucks, Inc., a commercial truck dealership with six locations throughout Texas.  In addition, Briggs also was president and sales manager of commercial truck rentals and leasing in the fleet arena for the company’s truck leasing arm, Southwest Idealease.  Earlier, Briggs worked in sales at Navistar Financial, a subsidiary of Navistar, a leading manufacturer of commercial trucks, buses, defense vehicles and engines, where he handled debt and lease financing for clients located in North Texas, Oklahoma, Kansas and New Mexico."

Phillip Carfora was hired by Signature Financial, Division of Signature Bank, New York, New York, ABL Team, Portfolio Manager and new Business Underwriter.  He is located at the Bank’s ABL offices in midtown Manhattan. He began his career at GE Capital, Asset Based Lending, 1998; promoted to SVP Risk; promoted to SVP, 1998. "He most recently as team leader and senior vice president for asset-based lending in New York City, where he managed a team of professional account managers and underwriters specifically for asset-based transactions." Education: Pace University-New York, Bachelor's Degree, Accounting and Finance.

Patrick Dunne was hired as Chief Capital Officer, Lending Club. He will "...manage Lending Club’s Investor Group which spans individual investors, strategic partnerships with retail distribution partners, banks and other institutional investors including asset managers, pensions, foundations, and endowments." Previously he was Managing Director, BlackRock, San Francisco, "...and Head of iShares Global Markets and Investments where he led the iShares Capital Markets, Investment Research and Product Management teams. Dunne reportedly oversaw more than 700 investment products with over $1 trillion in assets under management." Education: Stanford University, Graduate School of Business Master’s degree, Business Administration and Management, General (2000). University of California, Berkeley, Bachelor's degree, Economics (1987 – 1991).

Vincent Faino was hired as Vice President, Sales, Celtic Commercial Finance, "...heading up the new  Baltimore, Maryland operation." Previously, he was  Vice President, Director of Sales at TimePayment Corp (February, 2015 - December, 2015); Senior Vice President of Sales, LEAF Commercial Capital, Inc. (December, 2011 – October, 2014); Senior Vice President Global, Business Development, CIT Vendor Finance (October, 2010 – December, 2011); President Vendor Finance, Textron Financial (December, 2007 – February, 2010); Executive Vice President, CIT (2007 – 2008); Executive Vice President, Citigroup (2001 – 2007); President, American Equipment Leasing (1997 – 2001), Education: Saint Joseph's University, MBA, Business (1992 – 1993).

Kevin Freidheim was hired as Eastern Region Financial Services. Representative at Trail King Industries, Greater Milwaukee Area. Previously, he was Business Development Manager, Equipment Finance Industry (September, 2012 – July, 2016); Sales and Marketing, Wisconsin Kenworth (2009 – September, 2012); Marketing Manager, Equilease Financial Services (2007 – 2008); VP and Director, Construction and Industrial Group, Key Equipment Finance (Formerly American Express Business Finance. National Sales Management, P&L Responsibility, Business Development and Growth, National Accounts, Strategic Planning) (2003 – 2006). Director, CNH Global NV (1996 – 2003). Dealer Development/Finance Manager, Volvo Construction Equipment (1992 – 1996). Education: University of North Carolina at Chapel Hill, B.S., Business Administration (1982 – 1986). Activities and Societies: Sigma Chi Daily Tar Heel

Amy Gross was announced as Senior Vice President, Key Government Finance, Superior, Colorado. She joined the firm May, 2009, as Senior Vice President of Sales - Municipal; promoted April, 2006, Senior Vice President - Key Government Finance - Municipal and Federal. She began her career August, 1991, at GE Commercial Finance as Sr. Financial Analyst; promoted, January, 1996, Sales Representative; promoted March, 2000, National Sales Manager; promoted January, 2004, Relationship Manager; promoted March, 2005 to VP-Inside Sales & Operations. Education: Wartburg College, BA, Business, Administration - Accounting & Finance (1987 – 1991).

Jamie Halas was hired as Vice-President, Executive Sales Officer, Signature Financial, New York, New York. He is based in Bethel, Conn. He joined GE Capital, January, 2002, as Manager of Finance - Financial Planning & Analysis; promoted, July, 2006, Assistant Vice President; promoted, April, 2008, Senior Vice President. Previously, he was Credit Analyst, IBM Global Finance (February, 2001-December, 2001); Professional Accountant, IBM (July, 1997-January, 2001). Education: Western Connecticut State University, Bachelor of Business Administration (B.B.A.), Finance and Accounting. Danbury High.

Mark Locher was hired as VP Business Development at Triumph Healthcare Finance, a division of TBK Bank. He is based in Orange County, California.  Previously, he was Managing Director, Gemino Healthcare Finance (March, 2014 – July, 2016); SVP, NewStar Business Credit/CORE Business Credit (2007 – 2013); VP, BMO Capital Markets (2004 – 2007); VP, Heller Financial (2001 – 2002); VP, GE Capital (1997 – 2001); AVP, National Bank of Canada (1993 – 1997). Education: University of California, Los Angeles, The Anderson School of Management, MBA (1988 – 1990). Stanford University, BS, Management Science & Engineering (1981 – 1986); Activities and Societies: Sigma Chi Fraternity. Monta Vista High School (1977 – 1981).

Brigid McKale was hired as Vice President, Sales, Ascentium Capital, Kingwood, Texas. She is based in the Toledo, Ohio area. Previously, she was Senior Account Executive, Lease Corporation of America (February, 2012 – June, 2016); Regional Accountant Specialist, ADP (February, 2010 – February, 2012); She joined Lease Corporation of America, May, 2005, as Account Executive; appointed Senior Account Executive, December, 2008. Promotion Coordinator, J and L Marketing (April, 2004 – October, 2005); Receptionist, HMS Products Co. (2003 – 2004). Education: Oakland University, Bachelor of Science Degree in General Management, Minor in Applied Technology in Business (ATiB) (2001 – 2005). • ATiB Scholarship (September 2003) • Honorary Mentions (December 2001 – May 2005) • Alumnae Member of Phi Sigma Sigma Fraternity Inc.  • M.E.A.P Scholarship (June 2001) Activities and Societies: • ATiB is an exclusive, unique & highly-selective scholarship program focused on providing internship positions for business students to use proactive information technologies to solve business problems through real projects with major corporations. • Corporate Sponsors: Compuware, Lear, Detroit Economic Club. Troy High School

Tom Morante was hired by Signature Financial, Division of Signature Bank,  New York, New York, as Underwriting Officer-Vice President for the ABL Group. He is located at the Bank’s ABL offices in midtown Manhattan. He started at GE Capital, October, 1999, Associate - Underwriting and Portfolio Management; promoted September, 2002, Assistant Vice President - Underwriting and Portfolio Management; promoted December, 2004, Vice President - Underwriting and Portfolio Management.  He began his career as Senior Auditor, Congress Financial Corp. (June, 1997 – October, 1999). Associations: Commercial Finance Association, Starting December, 2015. Volunteer: GE Capital Corporate Lending liaison with STAR, Inc., Lighting the Way (July, 2007 – Present). Education: Bentley University, BS Accounting - Cum Laude, Accounting (1993 – 1997). Windsor High School (1989 – 1993).

Francis Nantel has been promoted to President, Canadian Leasing Enterprises (CLE), a subsidiary of Hitachi Capital Group. He replaces former CLE president, Luc Robitaille, who will remain with the company as senior advisor. Previously, he was Senior Vice President Eastern Canada, Montreal, Canada (January, 2001-July, 2016); Senior Vice President Eastern Canada, GE Capital Solutions (1995-July, 2016). Languages: French. Education: HEC Montréal, Finance (1983 – 1986).

William Osmun, Jr. was hired as Vice-President, Executive Sales Officer, Signature Financial, New York, New York. He is based in Mission Viejo, California. "He is a seasoned finance expert with a career that spans 40 years.  Most recently, he spent 12 years as vice president and regional manager at Fifth Third Bank in its Equipment Finance Group overseeing all new business development and direct marketing for California, Oregon, Washington, Alaska and Hawaii.  Prior, he spent 16 years at Banc of America Leasing & Capital, LLC, in Los Angeles as vice president and senior leasing specialist. Education: Syracuse University (1967 – 1973).

Sarah Palmer was promoted to Chief Executive Credit, Key Bank, Superior, Colorado. In this role, she will be responsible for underwriting and risk management activities, including oversight of underwriting for specialty finance, scored transactions and bank channel origination activities.  She joined the firm 2006 as a Credit Analyst; promoted in 2012 to Vice President, Credit Operations. Education: University of Colorado Denver Bachelor of Science, Finance and Financial Management Services.

Vincent Pecina was hired as Account Executive, World Business Lenders, Fort Worth/Dallas area.  Previously, he was Sales Executive Alliance Funding Group (January, 2015 - 2016); Personal Trainer World Gym, Glendale CA (December, 2013 – December, 2015); Sales Representative, Cellucor (September, 2013 – March, 2014); Sales, GNC (January, 2011 – February, 2012); Assistant Manager, Monte Cristo Night Club (2009 – 2012). Education: Pasadena City College, Kinesiology and Exercise Science (2009 – 2011); Notre Dame High School, High School Diploma, General (2004 – 2008).

Steve Shaclumis was hired as Senior Finance Manager, Priority Leasing, Inc. d/b/a Priority Capital, Melrose, Massachusetts. Previously, he was Business Development Manager-Franchise Group Marlin Business Services Corp., Portsmouth, New Hampshire. November 2015 – June 2016); Finance Manager, Direct Capital Corporation a CIT Company (October 2012-November 2015); Business Manager, Bournival, Inc (January 2001-October 2012); Sales Manager, Tims Truck Capital (January, 2010-2011); Sales Manager, Harley of Southampton ((January 2009-2010); Business Manager, Herb Chambers Ford (January, 2008-2009); General Manager, Belknap Hyundai (2008-2008).Organizations: NHADA, NADA. Education: R.W. Traip Academy, H.S. Diploma, Finance, General (1991-1995).



Leasing Industry Ads---Help Wanted
Positions Available for the Right Person

channel partners capital top20

Channel Partners Capital was formed in 2009 by a group of leasing professionals to work exclusively in the equipment finance market helping brokers/lessors gain access to working capital solutions for their customers. As a direct lender we provide small business loans that range in size from $10,000 to $250,000.

Inc. Magazine 500/5000 fastest growing private companies for 4 consecutive years
100 Best Companies to Work for in Minnesota by Minnesota Business Magazine

channel partners capital
channel partners capital
channel partners capital
channel partners capital top20


National Sales Representative
This position will be responsible for volume growth through existing and new third party relationships (TPRs). The NSR is the primary contact with TPRs actively managing customer contact, expectations, new product/program development and the sales pipeline. Nationwide scope with travel required from 25-50% of time.

Inside Sales Representative
This position is responsible for volume growth through existing and new third party relationships (TPRs). The ISR, supports assigned TPRs actively managing customer contact, expectations, new product/program development and the sales pipeline.

Please email cover letter and resume to:

channel partners capital
channel partners capital top20 channel partners capital

Senior Credit Analyst

- Minimum 5 years of small ticket/high volume equipment finance underwriting experience preferred
- Relocation benefits available for the right candidate
- For a complete job description, please click here

Senior Credit Analyst - Transportation

- Minimum 5 years of small ticket/high volume equipment finance underwriting experience preferred
- Relocation benefits available for the right candidate
- For a complete job description, please click here
Established in 1982, Pawnee Leasing Corporation located in Fort Collins, CO specializes in commercial equipment leasing and financing up to $150,000 to smaller, closely-held business enterprises. Pawnee Leasing is a U.S. subsidiary of Chesswood Group Limited, a publicly-held specialty financial services company based in Toronto, Canada (TSX:CHW).

Nationwide Sales Positions Available
  Medical, Commercial and Industrial
 Transportation, FF&E, Technology

Superior pricing - Superior Buying window
 - Superior back office - Superior stability

For more info click here

Bank of the Ozarks

Recognized as the top performing bank in the United States,
based on financial performance, five years in a row
(2011, 2012, 2013, 2014, and 2015).


Inside Sales Manager
San Francisco

We are currently seeking qualified talent to be primarily responsible for overseeing the Inside Sales Department within the Vendor business group of the Equipment Finance Division, while developing and improving policies and procedures to properly support high production volume.

For more information
click here




Affordable Marketing Packages
FinTech #102 by Brittney Holcomb

I bet you get emails every day to be placed number one on Google or how to market.  They come from India, Pakistan, the Philippines, and even the United States.

Digital marketing, particularly Search Engine Optimization (SEO) should be viewed as a long term investment. Looking for the cheapest and shortest term packages can often lead to trouble. Agencies that properly implement digital marketing strategies spend time and put actions into place that generally do not produce results until months down the road. So when you are preparing to establish a marketing campaign, plan on committing for at least six months to a year at minimum. It cannot be done effectively in a few weeks.

For financial companies, it is important to remember that just because a marketing agency says that their strategies ‘worked for others’ does not necessarily mean that it will work for you or the financial industry. Each industry has specific needs and marketing campaigns need to be customized around each particular business. Any agency that has prepackaged marketing services most likely does not care to customize the services around what will work best for their client and the industry their client is in.

Some sales traps financial businesses should be wary of when researching a marketing agency to work with:

Agencies That Guarantee Results
Because of the ever-changing search engine that Google is, marketing companies cannot really provide guaranteed results for their clients. What marketing companies can do is provide a detailed strategy around the client’s goals so that they can predict results based on the market and past success they have had with other financial clients. Trustworthy marketing agencies will explain their strategies and walk you through the campaign plan, as well as provide a timetable of action items to be executed.

Agencies That Advertise ‘Instant Results’
‘Instant results’ are generally only involved with pay per click advertising (PPC). Any instant results a marketing agency advertises with SEO and other online marketing service most likely implies that they are using practices that may hurt your website and company in the long run. In the marketing industry we call these types of strategies and agencies ‘Black Hat’. Normal SEO success and results take months to see or gain traction.

Agencies That Can Get You ‘#1 On Google’
 Similar to instant results, getting a website #1 on Google is no easy or quick task. If a marketing agency is able to get you #1 on Google for your desired keyword then that’s great! Generally, this is something that takes anywhere from six months to 1 year, sometimes even longer! Agencies that promise #1 on Google are more than likely performing the black hat tactics mentioned before. This includes keyword stuffing as well as building links to your website from other websites on the internet that are viewed poorly by Google. When you associate your site with other negatively viewed websites, Google will start to view your site as poor quality. You are only good as the company you keep. Before you sign on for link building services, make sure the agency provides you with their link strategy so that you are aware if it is ethical by Google’s guidelines & white hat.

You Get What You Pay For
When seeking out digital marketing services, try not to get caught up in looking for the cheapest packages. While we all want to stay within a budget and are hesitant to spend money on something without a guaranteed ROI, it’s very easy to low ball marketing agencies when it comes to purchasing their services. When you do find a marketing company with the ‘lowest price’ it can seem exciting, but be wary of what is included in those services and also what their overall strategy is to obtain results. A good marketing agency should run an audit on your website first to understand your business and also to determine what they need to add or remove from your website to get you on the right track to properly setting up your website for SEO.

What To Know Before Researching Marketing Agencies
With technology basically ruling the way we live our lives these days, your website is no better than a billboard in a dessert without digital marketing.

Find an agency that takes time to define your marketing goals with you and clearly defines their strategies and how they will ultimately work with achieving your goals. Always ask agencies you research why your financial business would benefit from their particular marketing strategy and practices.

Brittney Holcomb is the Director of Paid Search at The Finance Marketing Group. She works exclusively with finance companies and banks to help better develop their business online through digital marketing strategies. Brittney has been trained by some of the top leaders in the industry giving her a vast knowledge she is able to pass along to her client base.


Previous Financial Technology Articles





Siemens Tagged for Cutting Off Critical Healthcare
Supplies to Hospital in Retaliation for Breach of Lease

by Tom McCurnin
Leasing News Legal Editor

Court Allows Lessor to Refuse Supplying Hospital with Non-Critical Supplies But Orders Lessor to Continue to Supply Critical Reagents

MHA, LLC v. Siemens Healthcare Diagnostics, Inc., No. CV 15-1573 (JLL), 2015 WL 9304543 (D.N.J. Dec. 21, 2015). 

Here’s a public relations disaster. Lessor Siemens and its subsidiaries supplied Meadowlands hospital with equipment and supplies. It is alleged that some of the equipment did not function, so the hospital stopped paying the lease payment. In retaliation, Siemens shut off the hospital’s supply of critical care chemicals. The facts follow.

Meadowlands hospital of Secaucus, New Jersey leased certain diagnostic equipment and also agreed to provide the hospital with the proprietary chemicals for the testing. The lease was on a cost per test basis with a one year service contract.Some of the equipment failed to work, allegedly from date of installation. The lessee hospital stopped paying on the lease and demanded that Siemens take the equipment back. Siemens refused. The lessee hospital purposely failed to renew the service contract.

The lessee hospital sued in New Jersey state court and obtained an injunction preventing Siemens from refusing to supply both its critical non-critical chemicals.

Siemens, which is a California corporation with its principal place of business in New York, removed the action to New Jersey federal court, got a new judge and sought a review of the state court injunction, essentially a second bite at the apple.

Siemens has since answered the complaint and filed a counter-claim for $348,000 for unpaid rent, past and future. According to the answer and counter-claim, Siemens had a service contract and performed during the one year warranty period, but Meadowlands did not renew the contract. Hence, when the equipment failed to work, Siemens was not contractually obligated to fix it.

When the federal court agreed to reconsider the injunction, the lessee hospital argued that Siemens should remain to be required to supply the hospital with all chemicals, because “irreparable injury would occur.” It did not detail what “irreparable injury would occur. This was fatal.

Siemens argued that the lessee hospital could contract with other suppliers for non-critical chemicals, which were readily available. Only about 29% of the chemicals were classified as critical.

The trial court held that the injunction issued by the state court would be modified and a new injunction issued requiring Siemens to supply the lessee with only critical chemicals. It could withhold non-critical chemicals. Lessor wins, at least temporarily, lessee loses this battle.

What are the lessons here?

First, For Lessees, Service Contracts on Equipment Are Big Deals. It might have been wiser for the lessee hospital to pay on the service contracts, then sue, if the equipment couldn’t be made to work. The lessee really invited the breach and then shut off of chemicals.

Second, For Lessors, Pick and Choose Your Battles. Having an equipment failure issue (whether justified or not) as a matter of public record might not be the wisest decision. This is especially true where the industry is small and the lessor is a major player. I note that the court mentioned the parties are talking settlement, which is a good thing.

Third, For Lessors, withholding critical chemicals for patients in a hospital, which was obviously not justified is a public relations disaster, especially in this small industry. We can only hope the parties continue to talk settlement.

Fourth, for Lessors, Removal of a Case Can Be a Great Strategy. Federal courts are generally less sympathetic to the plight of lessees and tend to analyze matters of the precise legal principals.

The bottom line on this case is that while the lessee hospital probably invited the shut off of supplies, it did not require the lessor to actually carry through with this threat, which invited this lawsuit by throwing down the gauntlet. Pick and choose your battles.

Siemens Case (4 pages)

Tom McCurnin is a partner at Barton, Klugman & Oetting
in Los Angeles, California

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ave.
Suite 2200
Los Angeles, CA 90071
Direct Phone: (213) 617-6129
Cell (213) 268-8291
Visit our web site at
Previous Tom McCurnin Articles:

Previous Tom McCurnin Articles:


Not shown on this chart: Microsoft's Skype, which also comes in around 300 million, and LINE, the biggest tech IPO of 2016 so far, which is around 215 million, according to Statista.




Leasing/Finance Conferences --- 2016


September 16-17, 2016
2016 Eastern Regional Meeting
Cincinnati Airport Marriott
Hebron, KY
Conference Chair:
Rodny Blecha, Precision Leasing

(Sorry, no further information available)

CFLA 2016 Program

Hotel Accommodations


First delegate $1,390
Second delegate $1,325
Third delegate $1,260
Fourth delegate FREE
Additional delegate $1,260
Daily rate - Wednesday $585,
Thursday $775, Friday $295
Chairman's Banquet Only $185
Companion’s registration $365

First time $1,390
Second-time + $1,810
Daily rate - Wednesday $715,
Thursday $905, Friday $425
Chairman's Banquet Only $285
Companion's registration $525
Students $25



Second Annual Conference
Announcing Our Second Annual 
October 4th - 6th, 2016
Red Rock Casino & Resort
Las Vegas, Nevada

Christopher "Kit" Menkin, Leasing News, will be speaking
at the “Reporters Viewpoint” panel discussion to address the whole conference about the state of the leasing industry.

Kris Roglieri, Co-Founder of NACLB, says: "I think it would be wise for anybody to attend that provides capital to businesses or brokers capital to businesses. It does not matter what form of capital it is (leasing, working capital, factoring, etc.)...almost 90 percent of brokers and lenders are in the business financing space."

However, the primary benefit of the conference will be to provide enormous growth opportunities for both brokers and bankers to grow their loan portfolios and increase revenues and profits.

Go to our website for more information:

Q&A with Kris Roglieri Co-Founder of NACLB



October 5 – 7
Chicago Marriott Magnificent Mile
Chicago, Illinois

Attendee Registration Rate



October 6-8, 2016
NEFA 2016 Funding Symposium
Radisson Blu Mall of America


Information on 2016 Funding Symposium

The NEFA conference hotel is just five miles from the Minneapolis-Saint Paul International Airport which has direct flights to one hundred and fifty-five other cities and connections to hundreds more. It’s also convenient to both downtown Minneapolis and downtown Saint Paul.

Chairperson for the 2016 Funding Symposium is Jim Peach, CLFP, VP/Sales Manager, Stearns Bank, in Albany, Minnesota. Working with a dedicated team of volunteers, the Chairperson pulls together the educational lineup of the conference.

Said Jim Peach, “we get great feedback from the attendees following each NEFA conference and we’ve used that to focus our educational sessions on things that are both timely and important to NEFA Members.”


For more information, visit: 
or call: 847-380-5050.


October 23 -25th
2016  55th Annual Conference
Palm Desert Springs
Palm Desert, California

More Information plus Register 

Monday, August 1, 2016
Deadline for early-bird discount on convention registration fee. Note: To take advantage of the discount, you must also reserve your accommodations at the JW Marriott Desert Springs.

Monday, September 19, 2016
Last day to receive the special ELFA convention rate for your accommodations at the JW Marriott Desert Springs.

Monday, October 10, 2016
Last day for mail-in and online registrations. After this date registrations can be made on-site. Please note: There are no refunds of registration fees after this date.

Keynote speaker Joe Scarborough will provide timely analysis 
and insight into the upcoming presidential and congressional elections.


October 23 – 26
Las Vegas, Nevada
(75% of exhibit space/sponsorship booked)

October 24-26, 2016
100th Anniversary Annual Meeting
American Financial Services Association
The Breakers Palm Beach
Palm Beach, Florida

Join us for the latest on the political landscape, compliance and regulatory challenges, business trends, and enjoy plenty of networking opportunities.

Sessions will cover the overall industry challenges as well as operational issues relevant to specific market sectors. The final day of the meeting - called Spotlight Compliance - will shine light on the ever changing legal, regulatory and compliance realms that are so important in today's financial businesses.

 AFSA’s 350 members include consumer and commercial finance companies, vehicle finance/leasing companies, mortgage lenders, credit card issuers, industrial banks and industry suppliers. The association was founded in 1916 as the American Association of Small Loan Brokers. The group formed to promote state laws that would make small loans more readily available to average Americans, who had few options at the time to receive small personal loans.


November 11-12, 2016
2016 Western Regional Meeting
Doubletree by Hilton Hotel Anaheim-Orange County
Orange, CA

 (Sorry, no further information available)


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Fernando's View
By Fernando F. Croce

A couple of very different films (“Cosmos,” “Our Little Sister”) make for a splendid yin-yang visit to theaters, while easygoing comedy (“Everybody Wants Some!!”), scrappy tension (“Green Room”) and lyrical horror (“Carnival of Souls”) come to DVD.

In Theaters:

Cosmos (Kino Lorber): Known for his portraits of unhinged psyches, the late Polish auteur Andrzej Zulawski (“Possession”) hardly disappoints in his final film, an appropriately startling canvas of passions running amok. At its center is Witold (Jonathan Genet), a pallid law student who, with his friend Fuchs (Johan Libéreau) by his side, turns a summer vacation into a very strange detective story. Surrounded by oddball characters and clues that hint at larger and more eerie conspiracies, the duo searches for meaning that might not be there. A simple description of the plot scarcely does justice to the churning textures of Zulawski’s movie, where the camera moves as if trying to mimic the form of the story’s wild turns and bizarre dialogue. Certainly not for all tastes, but an exhilarating roller-coaster for game viewers. With subtitles.

Our Little Sister (Sony Pictures Classics): A specialist in gentle family tales, Japanese filmmaker Hirozaku Koreeda (“Nobody Knows”) serves up another delicate and meditative view of human connection with this acclaimed, understated drama. Set in a traditional Kamakura household, the film chronicles the effect unexpected news have on the fabric of family. As three sisters (Haruka Ayase, Masami Nagasawa, Kaho) learn about the death of their estranged father, they attend the funeral where grief gives way to surprise. Suddenly faced with a teenaged half-sister (Suzu Hirose) they knew nothing about, the women nevertheless develop an immediate rapport with their new relative. The ways in which their lives are altered comprise the flow of the story, which is composed by Koreeda with characteristic warmth and poignancy. With subtitles.

Netflix Tip: One of modern cinema’s most beloved masters, Iranian director Abbas Kiarostami (1940-2016) combined sophisticated cinematic invention with a profound humanism. So check out Netflix for a dose of his best works, which include “Close-Up” (1990), “A Taste of Cherry” (1997), “The Wind Will Carry Us” (1999), and “Certified Copy” (2010).


Everybody Wants Some!! (Paramount): Indie stalwart Richard Linklater ("Boyhood") returns to one of his most beloved works with this spiritual sequel to his 1993 cult favorite "Dazed and Confused." Shifting the backdrop from the 1970s to the edge of the 1980s, the pleasingly loose-limbed narrative charts the intertwining stories of a posse of Texas friends. Though bound by their college baseball team, the young men comprise a varied group that includes cocky McReynolds (Tyler Hoechlin), sweet-tempered freshman Jake (Blake Jenner), wannabe lothario Finnegan (Glen Powell) and perpetually discombobulated Willoughby (Wyatt Russell). Though their meandering individual scrapes and ambitions, a  snapshot of a place and a time begins to emerge. Woven with Linklater's trademark gentle observation and easygoing humor, the film combines charm and wisdom with a masterly touch.

Green Room (Lionsgate): Writer-director Jeremy Saulnier ("Blue Ruin") continues his run of visceral action with this claustrophobically suspenseful thriller. Set in the backwoods of Oregon, the film begins with a band of punk musicians, led by Pat (Anton Yelchin) and Sam (Alia Shawkat), as they drive deeper into dangerous territory in the search of a new gig. Things take a sharp turn when violence erupts in their latest show at a skinhead bar and become witnesses fighting for their lives. Together with a local girl (Imogen Poots), the band members lock themselves in the club's green room and ready themselves for one brutal confrontation after another. Can their image as punk toughies stand up to real evil? Though not for squeamish viewers, Saulnie's gritty, darkly humorous movie showcases the young filmmaker's knack for generating truly nightmarish tension.

Carnival of Souls (Criterion): A cult classic that makes up in poetic dread what it lacks in budget and polish, this memorable 1962 film is a prime example of cinematic horror achieved through sheer atmosphere. The simple story follows a young woman named Mary (Candace Hilligoss) who, after miraculously surviving a car accident, finds herself pursued by a mysterious and creepy figure (played by director Herk Harvey). The more she tries to lead a normal live, however, the more she realizes that the crash has left her virtually suspended between the world of the living and the world of the dead. Turning its limitations into assets, Harvey’s film uses off-kilter characters and locations to create a genuinely uncanny tone, creating a vision that goes beyond scaring audiences and into haunting them.


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2323 55th Street, Boulder, CO 80301
Phone: (303) 442-4030

Animal Shelter Hours
Monday - Friday
Adoptions and Animal Visitation: 11:00 a.m. - 6:30 p.m.
Lost & Found, Relinquishment, Retail Store, Euthanasia Services: 11:00 a.m. - 7:00 p.m.
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Operations / Remarketing / Repossessions

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Remarketing: Los Angeles, CA
Video, Audio, Film, Computer, IT, Test, Presentation Equipment
We pay cash / 3 million in buying power /Quick Quotes
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News Briefs---

GATX Reports 2016 Second Quarter Results
   Has Paid a Quarterly Dividend, Uninterrupted, Since 1919 

Maturing FinTech Startups Find Paths
     into Established Financial Firms

FinTech Startups in a 'Historic Moment'
      Thanks to Asian Funding

US Congress Calls Upon Government to Support
     Blockchain and FinTech

A rather unusual collaboration: Amazon teams up
     with Wells Fargo on private student loan deal


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--You May Have Missed It

Want to build your Wine Country dream home? Hall Ranch, in Alexander Valley, minutes to Healdsburg, at the heart of the Wine Country.
Dream big… Create your own unique sanctuary…


SparkPeople--Live Healthier and Longer

8 Top Diet Myths Debunked
Discover the Truth Behind Common Myths


Baseball Poem

This poem by Robert L. Harrison depicts one of the best teams of all times. The 1927 Yankees or "Murderer's Row" were legendary and this poem pays tribute to those magnificent Yanks. In 1929, Babe was the first to hit 500 home runs.


1927 Yankees

by Robert L. Harrison ©
Published: New York Baseball Poems (1999)

Gather 'round you fans of baseball
you lovers of season past,
let me take you back to the greatest team
that ever played on grass.

Guided by Miller Huggins
known as "murderer's row,"
never was such a string of pearls
so feared this side of Hell.

Greedy was this awesome bunch
with Ruth and Gehrig leading the punch,
and Hoyt and Moore on the mound
shooting all the batters down.

Gasping crowds assemble
like sinners in a tent,
watching all the other teams
trying to repent.

God blessed those boys of summer
those pin-striped renegades,
with a winning passion
while others saw only the haze.

Gathering in the rosebuds
by playing excellent ball,
called the "five o'clock lightning"
taking the pennant in the fall.

Gone were any pretenders to the throne
no on stood wherever these Yankees roamed,
twenty-five men made up this team
and all had a year better than their dreams.

1927 Yankees by Robert L. Harrison ©

Fast Facts

Murderer's Row was anchored by Babe Ruth, who hit sixty home runs and batted .356; and Lou Gehrig, who had forty-seven home runs and batted .373.

The team won one-hundred ten games and the other members included: Earle Combs, who hit .356 and led the league in hits, singles and triples; Tony Lazzeri, who hit eighteen home runs and batted .309; and Bob Meusel who hit .337.



Sports Briefs----

N.B.A. to Move All-Star Game to Protest North Carolina Bathroom Law

Howard Beck: 'NBA Is Making the Right Move'
   Pulling All-Star Game from Charlotte

Sports Court Upholds Ban on Russian Track and Field Athletes

Mystery surrounds Stanford star Lili Thompson's decision to skip senior season


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to help support the growth of Lease Police)


California Nuts Briefs---

SF Bay Area home prices set 3rd straight monthly record

The 40 coolest people under 40 in Silicon Valley


“Gimme that Wine”

California Crop Forecast: 4 Million Tons

Barefoot Tramples Other Top Wine Brands

Mateus Rose Winning Over Millennials this Summer

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Leasing News Wine & Spirits Page


This Day in American History

     1587 - The second English colony was established on Roanoke Island off what is present-day North Carolina. The Roanoke Island Colony, sponsored by Sir Walter Raleigh, was established under the leadership of Sir Richard Grenville and Sir Ralph Lane. The settlers fared badly and returned to England in June of 1586. In 1587, Raleigh sent out another group under John White, consisting of 117 men, women and children, who landed this day. White returned to England for supplies, but was unable to get back to Roanoke until August 17, 1590, three years later. He found all the colonists gone and the only clue to their fate was the word Croton carved on a tree. The meaning of this remains unexplained and no trace was ever found of the settlers. Whether they met their fate by Indians, a cold winter, lack of food, or disease is not known. 
    1620 - A small congregation of English Separatists, led by John Robinson, began their emigration to the New World. Today, this historic group of religious refugees has come to be known as the 'Pilgrims.' Pastor John Robinson was the last face the Pilgrims saw as their ship left for the New World. He never made it to America, but this one man is credited with planting a single word – independence.
    1667 - New Netherlands was ceded to England by the Dutch by the Peace of Breda, which ended the second Anglo-Dutch War (1665-1667). The British had captured Fort Amsterdam and divided the territory into New Jersey and New York. Colonization was slow and the territory was re-organized in 1674. 
    1724 - The Alamo, to become famous as the site of a great battle of the war for Texas independence in 1836, was constructed at about this time as a Franciscan mission, the Mission San Antonio de Valero. 
    1775 – George Washington took command of the Revolutionary Army.
    1796 - Surveyors commissioned by General Moses Cleaveland (1754-1806) completed the plan for what became the town of Cleveland, Ohio.
(lower half of: 
    1849 – Poet Emma Lazarus (d. 1887) was born in NYC.  She is best known for "The New Colossus", a sonnet written in 1883; its lines appear inscribed on a bronze plaque in the pedestal of the Statue of Liberty.
    1860 - Birthday of Mother Marie Joseph Butler (1860-1940) in Ballynunnery, County Kilkenny, Ireland.  Roman Catholic American nun. As the Mother General of the Congregation of the Sacred Heart of Mary, she began the Marymount school system. She opened 14 schools in the United States, three of which became colleges.
    1861 - An intention to issue an Emancipation Proclamation was announced by President Lincoln to his Cabinet. He read the entire proclamation. He wanted to issue it the same day as a strictly military effort to cripple Confederate manpower. His Cabinet persuaded him to wait as it was not good political timing, both because the Union was not doing well in the war, and many politicians were questioning the cause. Lincoln argued it needed to be done soon, but was persuaded to wait for a more favorable military situation to avoid the appearance of “desperation.” 
     1864 - The Battle of Atlanta, GA., concludes. Young General John Bell Hood attacks General William Tecumseh Sherman on July 20, resulting in terrible losses for the Confederate Army. Estimated casualties: 12,140 (3,641 Union, 8,499 Confederate) 
    1872 - Birthday of Tom “Boss” Pendergast (1873-1945) in St. Joseph , MO.  The Pendergast organization helped launch the political career of President Harry S. Truman, a fact that caused Truman's enemies to dub him "The Senator from Pendergast."\ 
    1882 - Birthday of painter Edward Hopper (1882-1967), Nyack, NY. 
    1886 - In San Francisco, a brewery workers union formed last month among mostly socialist German workers to resist the prevailing 16-18 hour workday. Today, breweries admitted defeat and gave in to union demands for FREE BEER, the closed shop, freedom to live anywhere for brewery workers (who had, until now, typically lived in the brewery itself), a 10-hour day, six-day week, and a board of arbitration.
    1888 - Birthday of detective novelist Raymond Chandler (1888-1959) in Chicago.  In 1932, at age forty-four, Chandler decided to become a detective fiction writer after losing his job as an oil company executive during the Great Depression.  Chandler had an immense stylistic influence on American popular literature, and is considered by many to be a founder, along with Dashiell Hammett, James M. Cain and other Black Mask writers, of the hard-boiled school of detective fiction. His protagonist, Philip Marlowe, along with Hammett's Sam Spade, is considered by some to be synonymous with "private detective," both having been played on screen by Humphrey Bogart whom many considered to be the quintessential Marlowe.
    1890 - Rose Elizabeth Fitzgerald Kennedy’s (1890-1995) birthday in Boston’s North End. Rose Kennedy became the epitome of a stalwart woman who maintained her dignity while her wealthy husband openly flaunted his many adulteries.  She also somehow maintained her composure when three of her four sons were killed, her other son caused the death of a young woman, and a daughter who proved to be mentally limited, and the deaths of several grandchildren.  Their nine children included President John F. Kennedy and Senators Robert F. Kennedy and Ted Kennedy.
    1890 - The observation “Everybody talks about the weather, but nobody does anything about it” was written by editor Charles Dudley Warner in the Hartford Courant.  The remark has wrongly attributed to his Hartford friend Mark Twain. 
    1893 – Katherine Lee Bates (1859-1929) wrote “America the Beautiful,” hastily jotted down in a notebook while she was teaching English at Colorado College in Colorado Springs.
    1893 - Birthday of Karl Menniger (1893-1999), American psychiatrist, at Topeka, KS. Along with his father and brother, he founded the Menniger Clinic and Foundation at Topeka in the 1920s.
    1908 - Amy Vanderbilt’s (1908-74) birthday in Staten Island, NY.  A renowned U.S. author, she wrote “Vanderbilt's Complete Book of Etiquette” that took a more modern approach to manners and etiquette than did Emily Post. 
    1909 - For the first of four times in his career, Ty Cobb stole second base, third, and home in an inning, doing it in the 7th against Red Sox.
    1915 - Birthday of trumpet player/singer Taps Miller, born Marion Joseph Miller, Indianapolis, IN.  He gained fame in the late 1930's and 40’s as a dancer in stage productions as well as a sideman in several big bands including two stays with Count Basie's organization (1942 and 1947-49) as a singer and trumpet player.
    1916 - A bombing in San Francisco during a Preparedness Day parade killed 10 persons and wounded 40. In 1917, labor leader Tom Mooney was sentenced to hang and Warren K. Billings was sentenced to life imprisonment for the dead. President Wilson commuted Mooney's sentence to life imprisonment in 1918, but because of confessions of perjured testimony at the trial, the case was an international cause celebre for many years. On January 8, 1939, Governor Culbert L. Olson of California pardoned Mooney. Billings was released a later in the year. 
    1917 – Trombonist, violinist, and singer Lou McGarity’s (1917-71) birthday in Athens, GA.
    1918 - A single bolt of lightning struck 504 sheep dead in their tracks at the Wasatch National Forest in Utah. Sheep often herd together in storms, and as a result the shock from the lightning bolt was passed from one animal to another. 
    1923 – The Washington Senators’ Walter Johnson became the first Major League pitcher to reach 3,000 strikeouts on the way to 3,508 at his retirement.
    1924 - Singer Margaret Whiting (1924-2011) was born in Detroit. Her father was the famous songwriter Richard Whiting. She began her career in the early 1940's singing with the bands of Freddie Slack and Billy Butterfield. With trumpeter Butterfield, Whiting recorded the 1944 million-seller "Moonlight in Vermont." Her 1948 recording of "A Tree in the Meadow" also sold a million, as did her 1949 duet with Jimmy Wakely, "Slippin' Around." 
    1924 - Birthday of tenor saxophonist Bill Perkins (1924-2003) in San Francisco.
    1928 - P Red Faber of the White Sox came to bat in the 8th with two runners on base and the game with the Yankees tied at 4. He swung twice right-handed and missed against righty Wilcy Moore. He then switched to the left side and knocked in the winning runs with a single to center.
    1930 - The Philadelphia Athletics executed a triple steal in the first inning of a game against the Cleveland Indians and another one in the fourth inning. This is the only game in which two triple steals have occurred. 
    1934 - Birthday of tenor sax player Herman “Junior” Cook (1934-92), Pensacola, FL. 
    1934 - Outside the Biograph Theatre in Chicago, "Public Enemy No. 1" John Dillinger was mortally wounded by FBI agents.
    1936 - Birthday of Don Patterson (1936-88), organist, Columbus, OH. 
    1937 - Hal Kemp and his orchestra recorded the now-standard, "Got a Date with an Angel," for Victor Records in Hollywood. The distinctive vocal on the tune is provided by Skinnay Ennis 
    1937 - The Senate voted down President Franklin Roosevelt’s attempt to “pack the Court” in a proposal to add more justices to the Supreme Court.  The Judicial Procedures Reform Bill of 1937 (frequently called the "court-packing plan") was a legislative initiative proposed by FDR to add more justices to the Supreme Court. Roosevelt's purpose was to obtain favorable rulings regarding New Deal legislation that the court had ruled unconstitutional.  The central provision of the bill would have granted the President power to appoint an additional Justice to the U.S. Supreme Court, up to a maximum of six, for every member of the court over the age of 70 years and 6 months.
    1937 – Singer Chuck Jackson, one of the first to record material by Burt Bacharach and Hal David successfully, was born in Latta, SC.  Between 1957 and 1959, he was a member of The Del-Vikings. After leaving them, he recorded his first single, "I Don't Want to Cry," which he co-wrote and was his first hit (1961). In 1962, Jackson's recording of the Bacharach-Bob Hilliard song "Any Day Now" became a huge hit and his signature song.
    1939 - The first African-American woman judge, Jane Matilda Bolin, was appointed judge of the Court of Domestic Relations by Mayor Fiorello La Guardia of New York City. She was also the first African-American woman to graduate from Yale Law School and the first to be admitted to the New York City Bar. 
    1941 - Robert “Lefty” Grove (1900-75) of the Boston Red Sox won the 300th and last game of his major league career, defeating the Cleveland Indians, 10-6.  One of the greatest left-handed pitchers in Major League history, Grove led the American League in wins in four separate seasons, in strikeouts seven years in a row, and had the league's lowest ERA a record nine times. Over the course of the three years from 1929 to 1931 he twice won the pitcher's Triple Crown, leading the league in wins, strikeouts, and ERA, while amassing a 79-15 record as the ace for the Athletics' dynasty teams.  He was elected to the Baseball Hall of Fame in 1947. 
    1941 – Dick Wakefield, recently graduated from the University of Michigan, became baseball's first "bonus baby" when he signed with the Tigers for $52,000 and a new car.
    1942 - Harry James with Helen Forrest record “I Had the Craziest Dream.” 
    1942 - Compulsory civilian gasoline rationing due to the wartime demands began.
    1943 - Two weeks after the July 10 Allied invasion of Sicily, led by General George Patton, the principal northern town of Palermo was captured. Americans had cut off 50,000 Italian troops in the west, but Germans were escaping to the northeastern corner of the island.  After 39 days, on August 17, 1943, the entire island of Sicily was under the control of Allied forces. The official total of Germans and Italians captured was put at 130,000. The Germans, however, managed to transfer 50,000 of their 90,000 men back to the Italian mainland. 
    1944 - The Bretton Woods (New Hampshire) Conference created the International Monetary Fund. The IMF is “...a cooperative institution that [many] countries have voluntarily joined because they see the advantage of consulting with one another in this forum to maintain a stable system of buying and selling their currencies so that payments in foreign money can take place between countries smoothly and without delay.” The IMF was based on the ideas of the U.S. Treasury Department's Director of Monetary Research, Harry Dexter White, John Maynard Keynes of England and the IBRD (International Bank for Reconstruction & Development). The IMF began operations in Washington, D.C. in May 1946 with 39 member countries. 
    1944 - SKAGGS, LUTHER, JR., Medal of Honor
Rank and organization: Private First Class, U.S. Marine Corps Reserve, 3d Battalion, 3d Marines, 3d Marine Division. Place and date: Asan-Adelup beachhead, Guam, Marianas Islands, 21 -22 July 1944. Entered service at: Kentucky. Born: 3 March 1923, Henderson, Ky. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as squad leader with a mortar section of a rifle company in the 3d Battalion, 3d Marines, 3d Marine Division, during action against enemy Japanese forces on the Asan-Adelup beachhead, Guam, Marianas Islands, 21 -22 July 1944. When the section leader became a casualty under a heavy mortar barrage shortly after landing, Pfc. Skaggs promptly assumed command and led the section through intense fire for a distance of 200 yards to a position from which to deliver effective coverage of the assault on a strategic cliff. Valiantly defending this vital position against strong enemy counterattacks during the night, Pfc. Skaggs was critically wounded when a Japanese grenade lodged in his foxhole and exploded, shattering the lower part of one leg. Quick to act, he applied an improvised tourniquet and, while propped up in his foxhole, gallantly returned the enemy's fire with his rifle and hand grenades for a period of 8 hours, later crawling unassisted to the rear to continue the fight until the Japanese had been annihilated. Uncomplaining and calm throughout this critical period, Pfc. Skaggs served as a heroic example of courage and fortitude to other wounded men and, by his courageous leadership and inspiring devotion to duty, upheld the high traditions of the U.S. Naval Service. 
    1944 – Estelle Bennett (1944-2009) of the Ronettes was born in NYC.  With her sister, Ronnie Bennett, they were 2/3 of the group that had a string of hits in the 60s, “Be My Baby,” “Walkin in the Rain,” “(The Best Part of) Breakin Up,” Baby I Love You.”  It was Estelle who called Phil Spector about an audition while the group, then known as Ronnie and the Relatives, was still with Colpix Records.  By March 1963, the group was officially signed to Spector's Phillies Records and were renamed The Ronettes. The Ronettes recorded "Be My Baby" in July 1963, and it was released in August. By the fall of that year it had become a top 10 hit, peaking at number two on the Billboard Top 100, and #4 in the UK.  Among the backup vocalists on the recording:  Sonny and Cher, Nino Tempo, Darlene Love, and Leon Russell on the keyboards.
    1944 - Albert Walter “Sparky” Lyle was born in DuBois, PA.  Lyle pitched sixteen years in the Majors solely in relief and won the 1977 AL Cy Young Award with the Yankees (the first AL reliever to do so).  He was one of the best-known relievers of his era. For the 1978 season, the Yankees acquired free-agent closer Goose Gossage, making Lyle redundant a year after winning the Cy, and was traded after the 1978 season.  Overall he held a World Series ERA of 1.73 having been on three World Series winners.
    1945 - Birthday of guitarist Al DiMeola, Jersey City, NJ. 
    1947 - Top Hits 
“Peg o' My Heart” - The Harmonicats 
“I Wonder, I Wonder, I Wonder” - Eddy Howard 
“Chi-Baba, Chi-Baba” - Perry Como 
“Smoke! Smoke! Smoke! (That Cigarette)” - Tex Williams 
    1947 – Don Henley was born in Gilmer, TX.  He is a founding member of The Eagles and the drummer.
    1949 - Birthday of film score composer Alan Menken, New Rochelle, NY. 
    1954 - In an attempt to put more pop in the lineup, Casey Stengel inserts Mickey Mantle in the infield as the shortstop. The experiment works as the 'Commerce Comet' homers in the tenth inning giving the Yankees a 3-2 victory over the White Sox. 
    1955 - Top Hits 
“Rock Around the Clock” - Bill Haley & His Comets 
“Honey-Babe” - Art Mooney 
“The House of Blue Lights” - Chuck Miller 
“I Don't Care” - Webb Pierce 
    1956 - The Baseball Hall of Fame announced special rules governing elections. Writers should vote every two years, alternating with the Veterans Committee.  Because of criticism, this will revert back in 1962. To be eligible, players must have been retired for five years.
    1958 - US performed atmospheric nuclear tests at Bikini Island.  
    1960 – Cuba nationalized all US-owned sugar factories.
    1962 - Gary Player of South Africa became the first nonresident of the US to win the PGA championship. He defeated Bob Goalby by one stroke at Aronimink Golf Club in Newtown Square, PA. 
    1963 - Top Hits 
“Surf City” - Jan & Dean 
“So Much in Love” - The Tymes 
“Memphis” - Lonnie Mack 
“Act Naturally” - Buck Owens 
    1963 - History records the first bank to lease personal property was the Bank of America, San Francisco, which instituted the service under the direction of Robert D'Oyly Syer.  James Joseph Saxon, Comptroller of the Currency, advised national banks on March 18, 1963 that they were permitted to lease personal property, buy equipment and lease it directly to customers. 
    1963 - The Beatles' first US album, "Introducing The Beatles" was pressed by Vee-Jay Records, who thought they had obtained the legal rights from EMI affiliate, Trans-Global Records. When it was finally released in January, 1964, Capitol Records would hit Vee Jay with an injunction against manufacturing, distributing, advertising, or otherwise disposing of records by the Beatles. After a trial, Vee-Jay was allowed to release any Beatles records that they had masters of in any form until October 15th, 1964. After that time, they no longer had the right to issue any Beatles product.
    1963 - World Heavyweight Champion Sonny Liston hung on to his boxing title by knocking out challenger Floyd Patterson in the first round of a bout in Las Vegas, NV. 
    1965 - "Till Death Us Do Part" debuted on England's BBC-TV. The show was so popular that it became a TV series in Great Britain and was the forerunner of the 1971-92 CBS-TV hit, "All in the Family", starring Carroll O'Connor and Jean Stapleton. 
    1966 – Clay Dalrymple broke up a no-hitter by Giants hurler Gaylord Perry with an 8th-inning single. It was the second time the Phillies catcher spoiled a no-hit bid in the 8th inning at Candlestick Park, having collected the only hit in Juan Marichal’s debut in 1960.  Not a bad career, breaking up the no-hitters of two Hall of Fame pitchers.
    1967 - Using five pitchers in same inning, the Braves establish a major league mark for the number hurlers called upon in one inning. Ken Johnson, Ramon Hernandez, Claude Raymond, Dick Kelley and Cecil Upshaw all face the Cardinals in the ninth inning. 
    1967 - The "Billboard" singles chart showed that "Windy," by The Association, was the most popular record in the U.S. for the fourth straight week. The Los Angeles-based sextet would make way for Jim Morrison and The Doors a week later when "Light My Fire" became the hottest record of the mid-summer. 
    1968 - Elvis Presley begins filming his twenty-ninth movie, “Charro!”, on location in Arizona. It is the only Elvis movie where he sports a beard, and the only one in which he does not sing on-camera.  Only two songs are recorded for the film, and only the title track, another Mac Davis composition, is used... over the credits only. A "serious" Western, it is nonetheless a critical and commercial failure.
    1969 - The All-Star Game is postponed by rain for the first time in Major League history. 
    1971 - Top Hits 
“It's Too Late/I Feel the Earth Move” - Carole King 
“You've Got a Friend” - James Taylor 
“Don't Pull Your Love” - Hamilton, Joe Frank & Reynolds 
“When You're Hot, You're Hot” - Jerry Reed 
    1971 - The Doors' "L.A. Woman" is certified gold
    1975 - Confederate General Robert E. Lee had his U.S. citizenship restored by the U.S. Congress. 
    1977 - Tony Orlando announced his retirement from show business. Orlando was performing in Cohasset, MA when he said that he had finally decided to call it quits. Orlando had two solo hits in 1961 ("Halfway to Paradise" and "Bless You") and 14 hits with his backup singers (known as Dawn) through the mid-1970s. He also hosted a weekly TV variety show with Dawn (Telma Hopkins and Joyce Vincent) from 1974-1976. 
    1979 - Top Hits 
“Bad Girls” - Donna Summer 
“Good Times” - Chic 
“Makin' It” - David Naughton 
“Shadows in the Moonlight” - Anne Murray 
    1979 - Golfer Sam Snead (1912-2002), age 67, became the first to shoot below his age on a Professional Tour, on the fourth day of the Quad Cities Open Tournament at Coal City, IL. His score was 277 (70, 67, 74, 66). 
    1983 - -128ø F (-89ø C) recorded, Vostok, Antarctica (world record) 
    1984 - Kathy Whitworth won the Rochester Open to become the all-time winningest professional golfer. Her 85th victory surpassed the 84 tournament wins of Sam Snead. Her picture made the Wheaties “Breakfast of Champions” box.,1977,839844,00.html 
    1984 - TV Host George Alexander "Alex" Trebek born July 22, 1940 in Sudbury, Ontario, Canada.  He began hosting “Jeopardy” in 1984 and is still going strong.
    1985 - Bruce Springsteen's fans crashed the phone system in Washington, DC by overloading the circuits with requests for tickets to the Boss's show at Robert F. Kennedy Stadium. The concert was sold out within an hour-and-a-half. 
    1986 - Hurricane Estelle passed 120 miles south of the Hawaiian Islands creating a ten to twenty-foot surf. The large swells resulted from a combination of high tides, a full moon, and 50 mph winds. The hurricane also deluged Oahu Island with as much as 6.86 inches of rain on the 24th and 25th of the month. 
    1986 - The Cubs fired their ball girl, Marla Collins, the first ball girl in the Majors, when it is revealed that she posed nude for Playboy magazine. The photos appeared in the October issue and accompanied shots of Marla in her Cubs uniform and one of Harry Caray pointing to a tattoo on her right thigh. Caray remained as the Cubs announcer.
    1987 - Top Hits 
“Alone” - Heart 
“Shakedown” - Bob Seger 
“Don't Disturb This Groove” - The System 
“I Know Where I'm Going” - The Judds 
    1988 - The Atlanta Hawks began a 13-day trip through the Soviet Union by beating a Soviet team, 85-84. The Hawks won the second game but then lost the third to conclude the first such tour by an NBA team. 
    1990 - Greg LeMond won his third Tour de France. He outdistanced all other cyclists by finishing in 90 hours, 43 minutes and 20 seconds. His time was slower than his past wins. LeMond won in 1986 and again in 1989 with his best time of 87 hours, 38 minutes and 35 seconds. It seems like you have to be French to win 
    1991 – Jeffrey Dahmer confessed to killing 17 males in 1978.
    1994 - More than 54,000 fans jammed Giants Stadium in East Rutherford, New Jersey as Billy Joel and Elton John performed the first of five concerts together. They duetted on "Your Song," "Honesty” and "I Guess That's Why They Call It the Blues." 
    1994 – OJ Simpson entered a plea of not guilty in the murders of Nicole Brown Simpson and Ron Goldman.
    1997 – Greg Maddux threw only 78 pitches in a complete game win over the Cubs.
    2002 - Over 20,000 fans gather at Fenway for a two-hour tribute entitled, "Ted Williams: A Celebration of an American Hero".  The two hour salute of the man many consider to be the greatest hitter in baseball history, a vet of the World War II and the Korean War, and a generous supporter of the Jimmy Fund, in addition to moving music and video, includes comments from present and former Red Sox players and broadcasters, historian Ken Burns, and former U.S. Senator John Glenn, who was Ted's wing man during the Korean War.
    2003 - Members of the US 101st Airborne Division, aided by Special Forces, attacked a compound in Iraq, killing Saddam Hussein’s sons Uday and Qusay, along with Qusay's 14-year-old son and a bodyguard.
    2006 - The fourth day over 100 in Los Gatos/Saratoga. Today it reached 107, and we didn't go into the swimming pool until after 6pm when there was more shade in the backyard, as the sun was much too hot, even to go into the water.



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