2014 Archives - Page 4 of 10

Growing Confidence Levels: Lenders Encouraged by Strengthening Economy

The Phoenix Management Q2/13 “Lending Climate in America” survey revealed waning lender optimism; however, sentiment has taken a more positive turn over the last 12 months. The Q2/14 survey indicates that despite a few signs of caution, lenders are increasingly optimistic about the U.S. economy and commercial lending on a near-term and long-term basis.

Cross-Border, Asset-Based Loans: Transforming Challenges Into Opportunities

As more small and middle market domestic companies venture into foreign countries to capitalize on overseas opportunities, lenders must educate themselves on jurisdictional laws to successfully engage in cross-border, asset-based loans.

August 22, 2014 cross-border ABL ABF Journal

From the Ground Up — Eastern Bank Calls on Barnhard to Launch ABL Group

Eastern Bank’s recent growth has led to its launch of an asset-based lending unit, headed by Robert Barnhard as team leader. Drawing upon experience gained at RBS Citizens, LaSalle Bank, IBJ Schroder and Gordon Brothers Finance, Barnhard has just the level of expertise the bank needs to become a go-to asset-based lender.

August 22, 2014 Eastern Bank | Robert Barnhard ABF Journal

Moving Companies Forward Into the New Normal

In a Q&A with ABF Journal, Jack Butler of Hilco Global provides insight into the state of the restructuring industry in the current economic and political environment and what he sees down the road for capital markets, corporate restructuring and Bankruptcy Code reform.

August 22, 2014 Jack Butler ABF Journal

Debt Buyers — Shrinking Opportunities Amid Regulatory Reform

As the pool of available credit portfolios has shrunk, many debt buyers have failed to diversify into other types of credit. Michael Flock notes that specialty lenders need to develop new solutions for a wider variety of portfolio asset classes amid increasing regulatory challenges that are changing the playing field.

August 22, 2014 debt buyers ABF Journal

Eighth Circuit Rules on Case of First Impression In Three-Party Preferential Transfer Dispute

Lesley Anne Hawes offers insight into Bankruptcy Code preference provisions. Using underpinnings of the Eighth Circuit’s recent decision in the case In re LGI Energy Solutions, Inc., she details the exceptions and defenses to preference recovery, noting that the analysis and rationale of the statute must be applied in a manner consistent with the policies and purposes it was intended to promote.

August 22, 2014 Three-Party Preferential Transfer Dispute ABF Journal

FinalCut: Love Culture Files Chapter 11; Owes Salus Capital $13.7MM

ABF Journal illustrator Jerry Gonzalez provides his take on the recent bankruptcy filing of Love Culture, a women’s retail chain that owes Salus Capital Partners $13.7 million under a pre-petition credit agreement. Salus will serve as administrative and collateral agent for a lender group for the pending $12 million DIP financing.

August 22, 2014 ABF Journal

September 2014

SEPT 2014
ABL Borrowers’ Issue
Vol. 12, No. 6

August 20, 2014 ABF Journal

Asset-Based Lending 2.0

Over the past two decades, banking has changed radically. From the rise of interstate banking to new regulation and financial reform, asset-based lending has maintained static — until now. Triune managing director Timothy Alexander asks, “Can you teach an old ABL dog new tricks?”

August 15, 2014 Asset Based Lending | timothy alexander ABF Journal

ABL Borrower Jailed for Scheme to Defraud Amalgamated

ABF Journal illustrator Jerry Gonzalez provides his take on Rodney Watts’ scheme to defraud Amalgamated Bank of $2.1 million fraudulent loans.

July 15, 2014 Amalgamated Bank | Final Cut | Rodney Watts ABF Journal

Category: 2014