Preserving and Collecting a Deficiency Balance After Repo and Sale

Repossession and sale of equipment rarely covers the debt owed to an equipment financier after repo and sale. Andrew Voorhees outlines how following UCC formalities in collateral disposition can preserve the right to collect a deficiency.... read more

July/August 2024

Liability and the Collapse of the Francis Scott Key Bridge – Are You Protected?

Merrick Benn, Dillon Redding, Joshua Wabnik

The recent collapse of the Francis Scott Key Bridge in Baltimore, Maryland caused shockwaves around the world. Closer to home, this event has had considerable implications for the equipment finance industry. In the aftermath, many vessel owners and financing parties... read more

June 2024

Wire Fraud!

Hackers are finding new ways to commit wire fraud. Stephen Whelan explores examples from recent case law and outlines precautions that equipment financiers can take to avoid becoming a victim.... read more

Monitor 100 2024

Tipping the Scales: The Great Escape

Almost everyone procrastinates a little, but it’s the last thing you want to do when filing a continuation of a UCC financing statement. Steve Whelan examines how a failure to file came back to haunt the LNV Corporation when one of its borrowers declared bankruptcy.... read more

March/April 2019