TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
January 2, 2024
Source: Armstrong Teasdale
Over the course of its 123-year history, Armstrong Teasdale has enjoyed a proud tradition of strong and visionary leadership. In keeping with that tradition, Armstrong Teasdale is proud to announce that effective Jan. 1, 2024, Richard (Rick) W. Engel, Jr. has been elected managing partner.
Engel, who has worked closely with outgoing Managing Partner Patrick Rasche over the years in various leadership positions, has been at the firm for 36 years. Rasche will return to the practice of Intellectual Property law at Armstrong Teasdale.
“I am confident that Rick will be a strong leader for the firm,” said Rasche. “We have worked closely for several decades during which time he has impressed me with his visionary approach. Rick has great relationships with our people and is well respected within the broader legal community. I am looking forward to returning to my patent practice, and continuing to grow with the firm well into the future.”
Engel most recently served as the firm’s general counsel and as a partner and former practice group leader of the Financial and Real Estate Services group. He sits on the firm’s Executive Committee, and previously served as a member of the firm’s Compensation Committee, Hiring Committee and as chair of the Restructuring, Insolvency and Bankruptcy practice.
“I am honored that my peers have entrusted me with this tremendous responsibility,” said Engel. “In my role as general counsel, I was responsible for protecting the firm’s legal interests, maintaining its operations and providing guidance on risk management and related liability issues. I bring that careful attention to my new role and am humbled to have the opportunity to continue serving the firm, our people and our clients.”
In his legal practice, Engel has represented the interests of local, regional, national and international corporations and financial institutions in all aspects of corporate and financial counseling. He has advised high-profile organizations, primarily in the energy, retail and transportation sectors, such as Abengoa Bioenergy, Foresight Energy, Armstrong Energy and Payless ShoeSource through Chapter 11 proceedings and restructuring.
Engel also counsels clients on a variety of corporate matters, and through mergers and acquisitions, often serving as an outside corporate counsel. He has long served in that capacity for one of the largest Great Clips franchisees in the U.S., and in that role, has handled all aspects of representation, including franchise agreement issues, employment, landlord tenant and other contractual and legal issues.
“Rick’s broad-ranging skill set combines a number of complementary disciplines that will lend to his role as managing partner,” said Partner and longstanding Executive Committee member Martha Hereford. “I’ve had the opportunity to work closely with Rick and I am confident in the strengths that he brings to the table as a leader and steward of the firm.”
Active in the professional community, Engel is a member of The Missouri Bar, Illinois State Bar Association, Bar Association of Metropolitan St. Louis and the American Bankruptcy Institute. He also serves as co-chair of the Asset Distribution Subcommittee of the Business Law Section of the American Bar Association. He is a proponent of several area philanthropic organizations, including the United Way, Independence Center, Mental Health America and St. Louis Arc.
Engel has been recognized by industry organizations for his work in bankruptcy and creditor rights. He is among The Best Lawyers in America® for Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law; was recognized at the 2017 M&A Advisor Turnaround Awards for “Sec. 363 Sale of the Year” in the $250-500 million category; Missouri/Kansas Super Lawyers® (2010-present); and is AV® Peer Review Rated by Martindale-Hubbell.
About Armstrong Teasdale: Armstrong Teasdale LLP has a long and distinguished track record of delivering sophisticated legal advice and exceptional service to a dynamic client base around the world. Whether an issue is global or local, large or small, Armstrong Teasdale provides each client with an invaluable combination of legal resources and practical advice in nearly every area of law. Armstrong Teasdale is listed in the Am Law 200, published by The American Lawyer, and the NLJ 250, published by The National Law Journal. For more information, please visit www.atllp.com.

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