Andrew Dahlman and Joseph Herz Promoted to Vice Presidents at Hilco Appraisal Services.Business Editors NORTHBROOK, Ill.--(BUSINESS WIRE)--April 29, 2002 Senior appraisers, Andrew J. Dahlman and Joseph D. Herz, have been promoted to vice president at Hilco Appraisal Services, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . The announcement was made by Norman Adler, Executive Vice President. Mr. Dahlman, who joined Hilco in 2001, has been in the auction, liquidation and appraisal industry since 1994. He is an AMEA AMEA Association of Machinery and Equipment Appraisers AMEA Alabama Municipal Electric Authority AMEA American Medical Equestrian Association AMEA Alabama Music Educators Association (University of Alabama, Tuscaloosa) (Association of Machinery and Equipment Appraisers) Certified Appraiser A person selected or appointed by a competent authority or an interested party to evaluate the financial worth of property. Appraisers are frequently appointed in probate and condemnation proceedings and are also used by banks and real estate concerns to determine the market and has served as a consultant to financial institutions on asset-based lending Asset-Based Lending A business loan secured by collateral (assets). The loan, or line of credit, is secured by inventory, accounts receivable and/or other balance-sheet assets. Also known as "commercial finance" or "asset-based financing". and recovery. Mr. Herz, also an AMEA (Association of Machinery and Equipment Appraisers) Certified Appraiser, has been in the auction, liquidation and appraisal industry since 1990. He joined Hilco in 2001. Hilco Appraisal Services, LLC, conducts nearly 1,000 appraisals per year, specializing in business assets, including consumer products and industrial inventory, machinery and equipment, business valuations, and intangible assets. The company is a subsidiary of Hilco Trading Company, Inc., a closely-held, leading provider of asset repositioning and financial services to retailers, wholesalers, distributors and manufacturers, and their financial institutions. Through its nine North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. and European operating companies, Hilco Trading offers retail store, warehouse and factory liquidation sales and auctions; asset appraisals; real estate disposition and leasehold restructuring; account receivables portfolio acquisition; wholesale inventory acquisition; and debt and equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. . |
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