ABS

Baron & Budd Representing Family of Victim Involved in Severe Crash in Ohio in Vanderhall 3-Wheel Vehicle

Retrieved on: 
Tuesday, May 17, 2022

Today, the national law firm of Baron & Budd announced it is representing the victim and family of an Ohio teen who was critically injured in a single vehicle crash involving a 2020 Vanderhall Venice 3-wheel vehicle.

Key Points: 
  • Today, the national law firm of Baron & Budd announced it is representing the victim and family of an Ohio teen who was critically injured in a single vehicle crash involving a 2020 Vanderhall Venice 3-wheel vehicle.
  • The victim and his passenger suffered injuries in the crash that occurred on April 23, 2022 on I-275 in Union Township, OH.
  • The crash occurred when the victim was travelling down a straight roadway and attempted to make a lane change.
  • The Vanderhall overturned in the crash and the victim was ejected, suffering devastating injuries.

Global Jet Capital Completes Securitization, Raising $609M

Retrieved on: 
Tuesday, May 17, 2022

Danbury, CT, May 17, 2022 (GLOBE NEWSWIRE) -- Global Jet Capital, a global leader in financial solutions for business aircraft, announced today the closing of its BJETS 2022-1 securitization, raising approximately $609 million.

Key Points: 
  • Danbury, CT, May 17, 2022 (GLOBE NEWSWIRE) -- Global Jet Capital, a global leader in financial solutions for business aircraft, announced today the closing of its BJETS 2022-1 securitization, raising approximately $609 million.
  • Vivek Kaushal, CEO of Global Jet Capital, stated, We completed yet another successful issuance despite turbulent market conditions.
  • The Global Jet Capital management team has served the business aircraft industry for a combined 250-plus years and has completed over 3,500 aircraft transactions.
  • Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions.

QC Labs Achieves American Bureau of Shipping's Service Supplier Recognition

Retrieved on: 
Tuesday, May 17, 2022

HOLLYWOOD, Fla., May 17, 2022 /PRNewswire-PRWeb/ --  QC Laboratories, Inc., a leading non-destructive testing and inspection lab supporting the Additive Manufacturing, Aerospace, Defense, & Space Industries, announced today it has successfully completed the certification process to become a Recognized Service Supplier under the rigorous American Bureau of Shipping(ABS) process. Categorized under the Nondestructive Inspection (NDT, NDE, NDI) category, QC labs has demonstrated a commitment to safety and quality and conformity to recognized industry standards and applicable ABS Rules.

Key Points: 
  • HOLLYWOOD, Fla., May 17, 2022 /PRNewswire-PRWeb/ -- QC Laboratories, Inc. , a leading non-destructive testing and inspection lab supporting the Additive Manufacturing, Aerospace, Defense, & Space Industries, announced today it has successfully completed the certification process to become a Recognized Service Supplier under the rigorous American Bureau of Shipping (ABS) process.
  • Categorized under the Nondestructive Inspection (NDT, NDE, NDI) category, QC labs has demonstrated a commitment to safety and quality and conformity to recognized industry standards and applicable ABS Rules.
  • "Recognition as an Approved Service Supplier through ABS shows our customers our dedication to safety and validates our deep knowledge of NDT for marine structures.
  • QC Laboratories, Inc. (QC Labs) is an industry-leading Non-Destructive Testing and Inspection service provider incorporated in the State of Florida in 1965 with branches in Hollywood, Florida, and Cincinnati, Ohio.

BTIG Expands Structured Products Trading Team with James Mozer

Retrieved on: 
Monday, May 16, 2022

BTIG announced today that James Mozer has joined the firms Structured Product business within BTIGs Fixed Income, Currency and Commodities division as a Managing Director.

Key Points: 
  • BTIG announced today that James Mozer has joined the firms Structured Product business within BTIGs Fixed Income, Currency and Commodities division as a Managing Director.
  • We are excited to welcome James to the firm, said Alejandro Feely, Managing Director and Head of Structured Products at BTIG.
  • The Structured Products team navigates a global marketplace with precision and a focus on client success.
  • BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services.

KBRA Releases Research – Home Improvement Loan Sector on the Rise

Retrieved on: 
Friday, May 13, 2022

KBRA releases research on the home improvement loan (HIL) asset-backed security (ABS) sector.

Key Points: 
  • KBRA releases research on the home improvement loan (HIL) asset-backed security (ABS) sector.
  • The report provides a broad overview of the HIL sector, including the market, product overview, product comparisons, credit risk factors, KBRA rating activity, and sector performance.
  • KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada.
  • KBRAs ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

"Hot Hardware and Hand Tools" Webinar Spotlights Taiwan Excellence Award Winners and Their Innovations

Retrieved on: 
Thursday, May 12, 2022

Mr. Huang Hsin-Te, Chairman of the Taiwan Hand Tool Manufacturers Association , will provide an overview on trends and developments in Taiwans hardware and hand tools industry.

Key Points: 
  • Mr. Huang Hsin-Te, Chairman of the Taiwan Hand Tool Manufacturers Association , will provide an overview on trends and developments in Taiwans hardware and hand tools industry.
  • Dan Tratensek, Chief Operating Officer of the North American Hardware and Paint Association and publisher of Hardware Retailing , will provide insights and trends on the US hand tools and hardware industry.
  • And analyst firm Technavio projects the Americas will continue to dominate the hand tools market in 2022 and beyond.
  • Information about TAIWAN EXCELLENCE and TAITRA:
    The symbol of Taiwan Excellence was established in 1992 by Taiwans Ministry of Economic Affairs, and subsequently the Taiwan Excellence Selection was launched the following year.

KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2022-P2

Retrieved on: 
Thursday, May 12, 2022

KBRA assigns preliminary ratings to five classes of notes issued by Carvana Auto Receivables Trust 2022-P2 (CRVNA 2022-P2), a prime auto loan ABS transaction.

Key Points: 
  • KBRA assigns preliminary ratings to five classes of notes issued by Carvana Auto Receivables Trust 2022-P2 (CRVNA 2022-P2), a prime auto loan ABS transaction.
  • CRVNA 2022-P2 represents the third term ABS securitization for Carvana, LLC (Carvana or the Company) in 2022, the seventh under its prime shelf, and the seventeenth overall.
  • Carvana was launched out of DriveTime Automotive Group Inc. (DriveTime) in 2012 as an eCommerce platform for buying used vehicles.
  • KBRA considered its operational review of Carvana, which was conducted at its Tempe, AZ headquarters, as well periodic update calls with the Company.

Castlelake Appoints Ronan Kelleher as Aviation Chief Financial Officer

Retrieved on: 
Thursday, May 12, 2022

MINNEAPOLIS, May 12, 2022 /PRNewswire/ -- Castlelake, L.P. ("Castlelake"), a global alternative investment firm with 16 years of tenure investing in, financing and managing aviation assets, today announced the appointment of Ronan Kelleher as Managing Director and Chief Financial Officer, Aviation.

Key Points: 
  • MINNEAPOLIS, May 12, 2022 /PRNewswire/ -- Castlelake, L.P. ("Castlelake"), a global alternative investment firm with 16 years of tenure investing in, financing and managing aviation assets, today announced the appointment of Ronan Kelleher as Managing Director and Chief Financial Officer, Aviation.
  • "Ronan has a distinguished and impressive background in aviation finance and we are thrilled to welcome him on board," said Brad Farrell, Partner and Chief Operating Officer at Castlelake.
  • "I am honored to join such an esteemed firm within the aviation finance and aircraft investment space and have long admired Castlelake's differentiated capabilities and history of financial innovation," said Ronan Kelleher, Managing Director and Chief Financial Officer, Aviation at Castlelake.
  • Prior to joining Castlelake, Mr. Kelleher was Chief Financial Officer of AMCK Aviation and was integral in its transaction activity, including the sale of a portfolio of 128 aircraft to Carlyle Aviation Partners.

Wolters Kluwer Launches OmniVault for Real Estate Finance

Retrieved on: 
Tuesday, May 10, 2022

Wolters Kluwer Compliance Solutions has today launched its OmniVault for Real Estate Finance solution.

Key Points: 
  • Wolters Kluwer Compliance Solutions has today launched its OmniVault for Real Estate Finance solution.
  • The OmniVault Real Estate Finance solution provides clients with the same user experience and visibility across all asset classes.
  • Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), meanwhile, is a global market leader in the provision of integrated regulatory compliance and reporting solutions.
  • The divisions legal solutions businesses are Wolters Kluwer CT Corporation and Wolters Kluwer ELM Solutions.

Applied Business Software Inc. Appoints New Director of Business Development

Retrieved on: 
Tuesday, May 10, 2022

LONG BEACH, Calif., May 10, 2022 /PRNewswire/ -- Applied Business Software Inc., ("ABS"), the leader in loan servicing and originationsoftware in private lending, announced today the appointment of Nate Goodhart as Director of Business Development.

Key Points: 
  • LONG BEACH, Calif., May 10, 2022 /PRNewswire/ -- Applied Business Software Inc., ("ABS"), the leader in loan servicing and originationsoftware in private lending, announced today the appointment of Nate Goodhart as Director of Business Development.
  • Nate joined Applied Business Software in January of 2019 and has since established solid relationships in the lending space while simultaneously reaching record high sales in ABS.
  • "Nate's personality along with his drive and determination, make him the perfect candidate for this new key role in our expansion," commented Carlos Nodarse, Applied Business Software CEO.
  • Applied Business Software is a market leader and global provider of software systems and solutions to the lending industry.