News & Analysis as of

Creditors Equipment Lease

Moritt Hock & Hamroff LLP

Equipment Lessor's Damages Calculation Ruled Unenforceable

In a related update, we called attention to risks and pitfalls to lenders and lessors when seeking prepayment premiums and other charges upon the occurrence of an event of default: Lenders Beware: Acceleration May Defeat...more

Cole Schotz

The Fifth Circuit Clarifies Equipment Lessors’ Rights Under The Texas Equitable Lien Doctrine In Sierra Equipment V. Lexington...

Cole Schotz on

The reality of a bankruptcy proceeding is that creditors often receive less than a full distribution on their claims, forcing them to absorb such losses or look for new avenues to make themselves whole. The “bankruptcy...more

Bennett Jones LLP

Recent Case Offers Insight Into the Protection of Security Interests

Bennett Jones LLP on

The failure to perfect a security interest could result in losing property rights altogether despite being the unqualified owner of the property. A very recent example of this is the case of Wells Fargo Foothill Canada ULC v...more

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