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Conditional Sale Doctrine

McGlinchey Stafford

California’s new legislation takes aim at GAP waivers

McGlinchey Stafford on

California Attorney General Rob Bonta has never minced words in expressing his position that consumers should be protected from guaranteed asset protection (GAP) waivers. This trend continued with his sponsorship of AB 2311,...more

Steptoe & Johnson PLLC

The “As-Is, Where-Is” Disclaimer – How Strong Is It?

Steptoe & Johnson PLLC on

A bank is planning to sell equipment collateral – either repossessed equipment taken after a borrower’s default or leased equipment that has been returned by a lessee at the end of the lease term. [In this article, the term...more

Dorsey & Whitney LLP

The Supreme Court - December, 2016

Dorsey & Whitney LLP on

The Supreme Court of the United States granted certiorari in seven cases on Friday afternoon: Impression Products, Inc. v. Lexmark International, Inc., No. 15-1189: 1) Whether a "conditional sale" that transfers title to...more

Snell & Wilmer

Supreme Court to Consider Patent Exhaustion for International Sales

Snell & Wilmer on

Last Friday, the U.S. Supreme Court granted certiorari in the patent exhaustion case, Impression Products, Inc. v. Lexmark International, Inc., Docket No. 15-1189.  The Supreme Court’s decision in this case could...more

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