Equipment Leasing / Secured Lending

EQUIPMENT LEASING/SECURED LENDING

The firm represents large national and regional commercial finance companies in the negotiation and enforcement of security agreements and finance leases. The firm’s representation includes workouts, pre-trial litigation, trials, appeals, pre- and post- judgment remedies and bankruptcy.

The firm’s lawyers regularly appear in state and federal courts to enforce security agreements and finance leases. We seek the repossession of collateral and litigation of deficiency balances. In bankruptcy court, the firm’s lawyers regularly obtain relief from the automatic stay to foreclose on or otherwise take possession of collateral, compel rejection or assumption of executory contracts and unexpired leases, obtain the allowance of administrative expense and other priority claims, defend or prosecute adversary proceedings and contested matters (including preference and other avoidance actions), and generally defend and preserve the lessor’s rights in the bankruptcy forum.

Reported Cases

Lowell A. Stanley, P.C. v. Danka Bus. Sys., 57 Va. Cir. 290 (Norfolk) (2002).