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Equipment Failure As-Is Clauses Banks

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

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