Automobile leasing and the vicarious liability of lessors.
INTRODUCTION In 2003, some of the largest automobile financing companies determined that they would no longer offer leasing in New York State. (1) These companies ceased leasing because of a 1920s New York law that creates vicarious liability for car owners. (2) The statute, New York Vehicle...

The Mint Leasing, Inc. Celebrates 10th Anniversary in 2009.
Provider of Innovative Vehicle Leasing Solutions Faces Bright Future as Franchised Auto Dealers Seek Financial Flexibility for Customers HOUSTON, Feb. 18 /PRNewswire-FirstCall/ -- The Mint Leasing, Inc., (OTC Bulletin Board: MLES), a provider of innovative vehicle leasing solutions, today announced that the Company is celebrating its 10th...

The Mint Leasing, Inc. Enters Into Agreement With ATG Capital Solutions, Inc. to Increase Presence in the Public Market.
HOUSTON, Feb. 13 /PRNewswire-FirstCall/ -- The Mint Leasing, Inc. (OTC Bulletin Board: MLES), a provider of innovative vehicle leasing solutions, today announced that the Company has entered into a consulting agreement with ATG Capital Solutions, Inc. for the provision of investor relations and public relations services to broaden the...

Sterling Bank Renews $33 Million Credit Facility With the Mint Leasing, Inc.
HOUSTON, Jan. 12 /PRNewswire-FirstCall/ -- The Mint Leasing, Inc. (OTC Bulletin Board: MLES), a provider of innovative vehicle leasing solutions, today announced that its primary lender, Sterling Bank, has renewed its $33 million revolving credit line with the Company. "Sterling Bank has been The Mint Leasing's primary...

Worcester's car registrations aren't adding up; Excise taxes in slow lane so far despite population rise.
Byline: Nick Kotsopoulos WORCESTER - Since 2000, the city's population has increased from 172,648 to slightly more than 176,000, yet in the past three years, the number of vehicles registered here has dropped by roughly 7,000. Those conflicting trends have left more than a few...

EuroBancshares, Inc. Reports Earnings for the Fourth Quarter and Year Ended December 31, 2006.
SAN JUAN, Puerto Rico, Jan. 29 /PRNewswire-FirstCall/ -- EuroBancshares, Inc. (the "Company") today reported its results for the fourth quarter and year ended December 31, 2006. Rafael Arrillaga-Torrens, Jr., Chairman, President and Chief Executive Officer of the Company said, "The year 2006 was a very difficult year...

The Mint Leasing, Inc. Appoints William Sklar as Chief Financial Officer.
HOUSTON, Dec. 2 /PRNewswire-FirstCall/ -- The Mint Leasing, Inc. (BULLETIN BOARD: MLES) , a provider of innovative vehicle leasing solutions, today announced that it has appointed William L. Sklar as the Company's Chief Financial Officer. Mr. Sklar has 20 years of experience as an advisor and consultant...

The Mint Leasing, Inc. Announces Revenues Exceeding $36,000,000.
HOUSTON, Nov. 20 /PRNewswire-FirstCall/ -- The Mint Leasing, Inc. (OTC Bulletin Board: MLES), today filed the Company's Quarterly Report for three months ending September 30, 2008 showing an increase in gross profit in comparison to the same period of 2007. When evaluating the Company's gross revenues for nine months...

The National Vehicle Leasing Association Hires LRG, Inc. to Provide Management Services.
ALEXANDRIA, Va., Jan. 5 /PRNewswire-USNewswire/ -- As the market changes and auto leasing becomes a more attractive option to consumers -- up 21 percent since 2005, according to data from automobile website Edmunds.com -- the National Vehicle Leasing Association (NVLA) has been making changes of its own -- beginning...

ALD Auto kicks off India ops.
Byline: George Smith Alexander MUMBAI: The spiralling growth in the Indian automobile market is attracting international car leasing firms. ALD Automotive, one of the world's largest car leasing companies, has kicked off operations in India, which is its first foothold in Asia. The company is also exploring...