The Equipment Leasing and Finance Association (ELFA) awarded Stewart G. Abramson, senior managing counsel at Wells Fargo Equipment Finance, and Dominic A. Liberatore, deputy general counsel at DLL, the Edward A. Groobert Award for Legal Excellence.
ELFA Legal Committee Chair Dustin Lee, VP and assistant general counsel at Fifth Third Bank, presented the award to Abramson and Liberatore on May 7 at the ELFA Legal Forum in Washington, D.C.
Abramson has been an active member of ELFA for more than 22 years and a contributor to the association’s legal community. He is a past chair of the ELFA Legal Committee and has participated in several subcommittees as well, including Amicus Curiae, State Legislative & Regulatory, E-Commerce, Equipment Leasing & Finance Magazine and Capital Markets, as well as working groups on Automatic Renewal and the Uniform Commercial Code.
Abramson has served as an information resource for ELFA members regarding legal issues impacting the equipment finance industry. He has made many presentations and participated on numerous panels at the ELFA Legal Forum and other ELFA events on topics including syndications and capital markets; letters of credit, guaranties and securities account collateral; confidentiality agreements and intercreditor agreements; regulatory compliance issues for leasing and finance companies; and confidentiality agreements. He also has contributed articles on legal matters to the association’s Equipment Leasing & Finance Magazine. In addition, he has provided input to ELFA’s state advocacy department on issues affecting the equipment leasing and finance industry at the state level.
In addition, Abramson is an active member of ELFA’s LegalTalk, an e-mail discussion group where members post questions and exchange commentary on legal topics, sharing his industry expertise, insights and analysis on a wide range of legal issues important for equipment leasing and finance lawyers.
Before serving in his current position as senior managing counsel in the Wells Fargo Law Department, Abramson served as senior vice president and general counsel of Charter Financial from 1988 until Charter’s acquisition by Wells Fargo in 2000. Previously he was general counsel of North American Corporation prior to joining Charter.
Liberatore has been an active member of ELFA and an advocate for the equipment finance industry for more than 20 years. He is also a past chair of the ELFA Legal Committee and has also participated in a number of subcommittees, including E-Commerce, Equipment Leasing & Finance Magazine, Legal Resources, Capital Markets and Equipment Finance Regulatory and Compliance. He is the current Legal Subcommittee coordinator.
Liberatore is an authority on e-leasing and has been a major contributor to ELFA’s advocacy and outreach efforts on this issue. He has spoken on this topic numerous times at the ELFA Legal Forum and the ELFA Annual Convention and has contributed articles on e-leasing to ELFA’s Equipment Leasing and Finance Magazine. Liberatore also has contributed to the work of the Equipment Leasing & Finance Foundation, serving on the E-Signatures Study Subcommittee and the Editorial Review Board for the Journal of Equipment Lease Financing.
Liberatore also has contributed to ELFA’s advocacy efforts, preparing materials for and attending meetings with the Consumer Financial Protection Bureau on Section 1071 of Dodd-Frank.
In addition to his current position as deputy general counsel for DLL, Liberatore has served in a variety of senior in-house legal positions with DLL, IOS Capital (the captive finance subsidiary of IKON Office Solutions), Copelco Financial Services Group, and the FDIC. Prior to going in-house, Liberatore was an associate at Cravath, Swaine & Moore in New York City and Wolf Block in Philadelphia.
What do you see as the potential disruptors that could change the course of our industry in 2019? What factors could make a difference? I see 2019 as an evolutionary year not a revolutionary year, though identifying these disruptors feels... read more
A favorite question of the year-end issue is, “What lies ahead?” In the U.S., Canada, Latin America, Europe and China, expect continued industry growth that, in some cases, lacks the gusto of 2018. Trends to watch include the impact of... read more