Industry News
Repossession in Todayβs New Economy
In my line of business – asset repossession and liquidation – I don’t always walk in lockstep with the prevailing sentiment regarding the economy. My point of view is from the reverse side. When the economy started to turn down in the fourth quarter of 2006, it was the asset and equipment managers who spotted the first substantial cracks.
More...InPlace Auction Sets Date for Intellectual Property Auction
InPlace Auction and a strategic partner, IpAuctions, are accepting bids from noon, April 9 through noon, April 10, EDT, for the online sale of the intellectual property of Intelepix’s geospatial technology.
More...Powerquest Ordered to Liquidate all Assets in Online Auction
Powerquest Boats has been ordered by a secured creditor to liquidate all assets, including remaining equipment and boat molds, to the highest bidder via online auction.
More...Creative Processes Add Value to Asset Management Systems
During uncertain economic times, users of capital equipment are inclined to keep productive assets in service longer, delaying the capital outlay and playing the odds that prices of new equipment will soften further. For lessors, this creates portfolio “upside” as lease terms are extended or renewals are negotiated.
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