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		&lt;p style="margin:0pt;text-align:left;font-family:Times New Roman;;font-size: 10pt"&gt;&lt;font style="display: inline;font-weight:bold;"&gt;&lt;/font&gt;&lt;font style="display: inline;font-weight:bold;"&gt;7. &lt;/font&gt;&lt;font style="display: inline;font-weight:bold;"&gt;Gain contingencies:&lt;/font&gt;
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			&lt;font style="display: inline;font-size:10pt;"&gt;ATEL filed a claim on behalf of the &lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;Company&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt; and certain affiliated entities in Federal court in New Orleans for the under-reporting of revenue by a fleet manager of &lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;three&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt; marine vessels, seeking to recover an approximate amount of &lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;10&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;% of gross proceeds, which in the aggregate for all affiliated entities represents $&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;2.8&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt; million for the years 2005-2007 (of which the &lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;Company&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;&amp;#x2019;s portion is an approximate $&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;350&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt; thousand&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;). The annual allocable portion of the claim is not considered material to the &lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;Company&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt; in any given year. The trial was concluded during the first week of August 2012. &lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;In October&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt; 2012, &lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;the matter was remitted to&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt; the Federal Judge to render a decision o&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;n both the law and the facts. The decision of the Court was rendered at the end of June 2013&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt; and the &lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;court found in favor of the defendants. The Company filed an appeal of the court&amp;#x2019;s decision and &lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;is hopeful for a recovery of all or portion of its asserted claims, but the outcome of the litigation remains uncertain as of such date.&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;&amp;nbsp;&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;As a result of the ruling, the defendants have filed a claim for legal fees and costs, of which the Company&amp;#x2019;s portion would amount to approximately &lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt;$88&lt;/font&gt;&lt;font style="display: inline;font-size:10pt;"&gt; thousand, however, this claim remains in dispute pending the outcome of the appeal, and a final award in favor of either party remains uncertain at this time.&lt;/font&gt;
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