Drones, also known as unmanned aerial vehicles or remotely piloted aircraft (RPA), are not new. Indeed, drones were first developed in the '50s and have been used by the military for years. However, drones have only recently come on the civilian market. There are many possible commercial applications for drones, ranging from leisure, photography and logistics to the surveillance of infrastructures and crops. As with all new technologies, it is expected that the development of RPA technology will create new...

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Historically, national currencies were based on a gold standard, then gradually on the belief that the State which issues the currency will be able to guarantee its value and its stability. With the emergence of multiple financial and economic crises, the reliance on States and confidence in the financial industry have declined and virtual currencies, which were initially confined to a very few initiated people, gained the interest of an ever growing part of the population. Bitcoin and other virtual currencies...

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Trepp's July loss analysis showed a second straight month-over-month drop in CMBS loans resolved with losses. Four loans took losses of 100% or more and two B notes were written off in full. Another two B notes were resolved with less than 100% loss. The $65.00 million Philips at Sunrise Shopping Center loan was disposed with a 20.88% loss and the $33.00 million Goodwin Square office loan in Hartford, CT took an 83.60% loss. Ignoring one small manufactured housing loan that took a 150% loss,...

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How can companies identify value-creating opportunities in a global economy that is increasingly shaped by disruptive technologies and new ways of doing business? At an event hosted by AlixPartners in New York entitled Value Creation Amid Global Disruption, we gathered influential speakers and corporate leaders to try to answer that question. Together with ABC News chief global affairs correspondent Martha Raddatz, AT&T senior vice president and chief security officer Ed Amoroso, and GoCoin CEO and founder Steve Beauregard, we discussed...

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According to an email from Fitch on Tuesday, the $80.3 million Atlantic Development Portfolio loan has been sent to special servicing. The note makes up 4.15% of the collateral behind JPMCC 2005-LDP5. Servicer comments indicate that the loan is backed by eight properties spread across Warren and Somerset, New Jersey, but one of the properties may have been released. The original five offices and three industrial properties totaled 902,237 square feet but servicer notes indicate that the portfolio is now just under 800,000 square...

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