Equipment Leasing

Contact Neufeld Legal PC for commercial leasing legal matters at 403-400-4092 / 905-616-8864 or Chris@NeufeldLegal.com

Equipment leasing creates its own unique set of business challenges, as equipment is not interchangeable as is real estate. Without real estate’s demand, the legal expectations and impositions are significantly elevated, since defaulting on an equipment lease forces the lessor to scramble to find a replacement lessee for used equipment. As such, the importance of an effectively negotiated and well drafted equipment lease cannot be understated. For it is through this initial legal work that an equipment lessor secures its financial position and, where necessary, has the means to battle through the court system for the money that is owed. Effective equipment leases are driven by their legal underpinnings – requiring lessors and lessees alike to have solid legal representation, to advance their business interests without being blind-sided by the tactical maneuvers of the other side.

Equipment leasing initiatives can benefit significantly by retaining the appropriate lawyer to advance your business interests, including:

- negotiating and drafting equipment lease agreements

- preparing guarantees, general security and priorities agreements

- reviewing and registering security interests under the applicable law

- coordinating equipment leases with bank financing

- enforcing security agreements and guarantees

- seizing and reclaiming property

- attaining compliance with the terms of the equipment lease agreement

- resolving legal disputes

- enforcing your rights in bankruptcy proceedings

For knowledgeable and experienced legal representation in negotiating, reviewing and drafting lease agreements, and protecting your business’ legal rights thereunder, contact lease lawyer Christopher Neufeld at 403-400-4092 [Alberta], 905-616-8864 [Ontario] or Chris@NeufeldLegal.com.

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