ABF Journal, January 2007
January 2007

Do You Have the Right Tools to Catch a Thief?



Fraud, an Ever Present Danger: Prevention, Detection & the Tools to Manage it
By Jerry Oldham, 1st West Financial Corp

Do you have the right tools to catch a thief? Let’s face it, fraud is a given in business today and our cover story this month gives insight into preventing it, catching it and managing it. (Ref # FRD016)

Sovereign Specialty Lending: Where a Positive Internal Approach & Fierce Customer Loyalty Reign Supreme
By Amanda Gutshall, Assistant Editor

How does an asset-based lender make its mark in an industry crowded by both traditional and non-traditional lenders? By looking at the big picture. And that’s exactly what Sovereign Bank’s Mike Maiorino is hard at work to achieve. (Ref # COMP019)

The Time is Now: U.S. Automakers & Their Supply Chain Face a Daunting Crisis
By Kevin Kuby and Armen Emrikian, FTI Corporate Finance

The past four years have seen unprecedented turbulence for the traditional icons of the automotive industry.
This month, we take a hard look at the tough situation facing the industry and its supply chain. (Ref # IND088)

Getting Ready for ‘The Next Wave’ TMA Positions Itself for the Future
By Linda Delgadillo, Turnaround Management Association

TMA executive Director Linda Delgadillo shares the association’s strategy on a variety of topics from adapting to the changing industry environment to its international membership.
(Ref # TM063)

Time-Tested Title Insurance Emerges as ‘Best Practice’ Risk Management Tool for Secured Lenders
By Theodore H. Sprink, Fidelity National Financial Family of Companies

With change comes uncertainty. With uncertainty comes risk. A risk manager should use all available tools in shifting risk.
UCC insurance is a time-tested concept, now available to secured lenders and commercial risk managers. (Ref # INS013)

Everything you Need to Know About Secured Lending in Germany
By Neil James, CMS Cameron McKenna, LLP

This is the second article in our series on lending, security and bankruptcy issues in Europe. In this issue, Neil James considers Germany. (Ref # INTL032)


Cash, Communication & Control: A Three C’s Mantra to any Successful Turnaround
By Cynthia Romano, TRG

In this month’s turnaround column, specialist Cynthia Romano uses a three C’s mantra — cash, communication and control — to take us well beyond techniques for mere survival to a realm of inspiration. (Ref # TM064)

Using the Double Lockbox to Navigate Healthcare Asset-Based Lending
By Robert L. Harris, Waller Lansden Dortch & Davis, LLP

Lenders entering the healthcare industry must be cognizant of the regulations concerning the assignment of governmental receivables. A carefully structured double-lockbox agreement can comply with recent judicial and CMS-guidance regarding reassignment provisions. (Ref # LGL066)

Risk Management: Collateral Inspections a Key Tool for Asset-Based Lenders
By Kevin Power, Collateral Specialists, Inc.

As the competition expands in the industry, it has become increasingly more important to have a collateral inspection
program in place. But which steps should you consider as the most important to avoid unnecessary risk?
(Ref # FIELD012)