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Paul Bent Named 2024 Recipient of ELFA’s Edward A. Groobert Award for Legal Excellence

Posted 05/07/2024

Paul Bent HiResWASHINGTON, D.C.—The Equipment Leasing and Finance Association (ELFA) has awarded Paul Bent, Senior Managing Director at The Alta Group, the Edward A. Groobert Award for Legal Excellence. ELFA Legal Committee Chair Molly Simon, Senior Legal Counsel at DLL, presented the award to Bent on May 6 at the ELFA Legal Forum in Scottsdale, Arizona, in recognition of his significant contributions to the association and the equipment finance industry.

Bent is a recognized leader in the equipment finance industry who has been an active member of ELFA and a contributor to the association’s legal community for more than three decades. He is a past member of the ELFA Legal Committee, which is a member and staff resource on a wide range of national and international legal issues impacting the equipment finance industry. He also has participated in a number of subcommittees of the Legal Committee, including Equipment Finance Regulatory and Compliance, Amicus Curiae and Equipment Leasing & Finance Magazine.

In addition, Bent has served as an information resource for ELFA members regarding legal issues impacting equipment finance. He is a frequent speaker at industry events and conferences, including the ELFA’s Legal Forum and Annual Convention. He has written dozens of articles for industry trade publications, including ELFA’s Equipment Leasing & Finance Magazine, the Equipment Leasing & Finance Foundation’s Journal of Equipment Lease Financing as well as Foundation reports.

Prior to his current role with The Alta Group, Bent served as legal counsel for an equipment finance firm specializing in tax benefit transfers, as CEO and General Counsel for a boutique corporate advisory firm, and as an expert witness in scores of cases involving equipment leasing and secured financing.

A U.S. Navy veteran, Bent was awarded the American Spirit Honor Medal and served as a satellite navigation specialist in the submarine service, Pacific fleet. He was named Lawyer of the Year by the Long Beach (California) Bar Association and is a Past President of the Ball/Hunt/Schooley Chapter of the American Inn of Court. He holds an A.B. degree cum laude in mathematics and computer science from the University of California, Los Angeles, and a J.D. degree from Southwestern University School of Law.

About the Award

The Edward A. Groobert Award for Legal Excellence is named for ELFA’s long-time Secretary and General Counsel Edward A. Groobert, who was active in the legal affairs of the association from the mid-1960s until his retirement in 2010.

About ELFA

The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 580 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. For more information, please visit www.elfaonline.org.