Virginia Business Honors Legal Elite from 2017

Adam Casagrande of ADS Inc has been named one of Virginia Business’ most powerful attorneys in 2017. He is one of 34 lawyers to have been recognized as part of the Corporate Counsel category. As a valuable member of the ADS team, Adam is a problem solver renowned for his skills in solving. Having graduated James Madison University as a history undergrad, he later earned his law degree from the College of William and Mary. Virginia Business has worked together with the Virginian Bar Association in order to publish the yearly Legal Elite list in 2017. 1400 attorneys nominated 4,000 of their peers, in 18 categories of law, which resulted in only a quarter of those being picked at all. Casagrande works for ADS, Inc., a company ahead of its game as a well-valued logistics and supply chain producer. This provider serves all branches of the U.S. military, federal, state, as well as local organizations along with law enforcement agencies, first responders, nations we are partnered with including the defense industry. ADS is also a nationally recognized Great Place to Work, providing an excellent work environment for military veterans and helping support many military causes. ADS, Inc.’s customer service especially sets it apart from their competition since ADS Inc. believes in being the needed change in the...

C-III Under New Management

Since July 7th 2017, the new president of C-III Asset Management has been Barry Davis. Davis joined C-III in 2010 after the addition of Centerline’s servicing business. Davis took the position as chief operating officer position in 2011. Davis along with Lindsey Wright and Jenna Unell make up the new face of C-III’s executive management team. Wright has joined the management team as senior managing director and Unell has joined as general counsel. The firm is run under the leadership of Andrew Farkas, who serves as Chairman and CEO.

Clarion’s New Alliances and Departures

LM will soon create a mutual asset investment by turning its very own Permal Group subsidiary and EnTrust Capital (under Gregg Hymowitz) into one collective asset. This will increase its hedge funds accounts considerably into a $26 billion business. The company will also be able to garnish a growing trend of up to 83% through the increase in value and shares available to Legg Mason through its Clarion partnership. This will cause LM to gradually generate funds up into the billions in profit, because of its ownership of the $585 million stake it owns in Clarion, which is already a $40 billion market in real estate and investment properties. According to Marron Clarion’s involvement in his own company was a necessary component to their real estate market.

New York’s Polystyrene Problem

Recently Judge Margaret Chan overturned the New York foam ban that restricted he use of foam containers, stating they could be recycled in a cost effective way.

Dart Container Corporation Wins Its Suit against New York City

Dart Container Corporation Wins Its Suit against New York City

Dart Container Corporation recently won its claim against the New York foam ban. Dart is one of the largest producers of expanded polystyrene in the world, and the city of New York banned the use of the products because they could not be recycled. Dart took swift action in the case by offering concessions to the city, but a more direct approach was required. A win in this case changes the way Dart and New York City will work together on recycling initiatives. #1: New York City Could Not Recycle Expanded Polystyrene New York City has been trying to keep itself clean since Rudy Giuliani became mayor in the 90s, and their efforts to recycle as much trash as possible came to a halt over expanded polystyrene. The city did not believe that expanded polystyrene could be recycled properly, and a citywide ban on the product was instituted in 2013. Dart took action by offering to help the city to no avail. #2: Dart Offers to Pay Startup Costs Dart Container immediately offered to pay for the startup costs of a new recycling system that would filter out expanded polystyrene and plastics. The city would not have paid a dime for the service, and everyone would have won. The city did not accept Dart’s offer, and the ban still went into effect. Dart Container was forced to file suit to stop the ban. #3: The Legal Fight The Sanitation Commissioner of New York City determined that the city could not feasibly recycle these foam products, and several other companies joined Dart in the fight to lift the ban. A...