Find Lawyers in Chicago, Illinois for Equipment Finance Law
Practice Area Overview
- Tax and financial reporting planning and strategies related to equipment finance.
- Origination of true leases of equipment to operating lessees (i.e. finance leases under Article 2A of the Uniform Commercial Code).
- Origination of secured loans to borrowers collateralized by equipment (i.e. secured transactions under Article 9 of the Uniform Commercial Code).
- Purchases and sales of individual equipment leases and loans, or portfolios of leases and loans, in the equipment finance syndications market.
- Private and public securitizations of portfolios of equipment leases and loans, structured and credit enhanced in a variety of ways.
- Structuring other methods of providing capital to equipment lessors or lenders, such as warehouse lines of credit.
- Workouts and restructurings of troubled equipment finance transactions, including those in bankruptcy.
- Collections and enforcement of rights under equipment leases and loans in default situations, including foreclosure on and recovery of equipment.
- Other post-lease term transactions such as remarketing arrangements.
- Litigation arising out of disputes under equipment lease or loan documentation, or disputes arising out of the use, possession, and ownership of equipment.
- Corporate and commercial aircraft.
- Rolling stock such as railcars and locomotives.
- Automobiles, trucks, and other over-the-road transportation equipment.
- Agricultural, construction, and mining equipment, including off-road vehicles.
- Office, retail, manufacturing, and other business equipment.
- Computer hardware and other IT equipment and software.
- Medical technology and other healthcare equipment.
- Marine vessels.
- Solar arrays, wind turbines, and other alternative energy and energy conservation equipment.
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