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What's New in the Law
Highlights of the latest equipment leasing law from around the country.
Features
Machinery and Equipment Supply Contracts
Having negotiated and drafted supply contracts throughout the United States and Canada, as well as other parts of the world (with the help of local counsel), the author has observed that the key legal issues are usually the same. Four of the most fundamental are: 1) getting paid; 2) warranties; 3) indemnities; and 4) limitations of remedies.
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In the Courts
Analysis of a recent ruling by the Fifth Circuit.
Major Embezzlements
Embezzlements are rarely large enough to cause major concern to in-house counsel, directors, officers and other members of management. But under at least four scenarios, embezzlements can threaten an entity's ability to execute its overall strategy.
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How Leasing Can Maximize Benefits in Wind Power Project Financings
With the extension of the full suite of federal incentive programs for wind energy projects — this year with increased depreciation benefits — and tax equity still elusive, well-structured sale leaseback transactions may continue to help wind projects get financed.
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