UniCapital Corporation provides asset-based financing in strategically diverse sectors of the commercial equipment leasing industry. UniCapital has originated, acquired, sold and serviced equipment leases and arranged structured financing in the big ticket, middle market, small ticket and computer and telecommunications segments of the commercial equipment leasing industry. In December 2000, the Company filed petitions for reorganization under Chapter 11 of the United States Bankruptcy Code. Chapter 11 petitions were filed on behalf of UniCapital Corporation and substantially all of its subsidiaries, not including certain special purpose entities related to the company's conduit and securitization financings. The Chapter 11 cases were filed in the United States Bankruptcy Court for the Southern District of New York. Prior to the Chapter 11 filing, UniCapital sold its lease servicing operations to Portfolio Financial Servicing Company.