Equipment Lease Defaults, Terminations and Recoveries

The Rose Law Group provides a comprehensive set of services to commercial lessors of equipment and other personal property pursuant to Uniform Commercial Code Article 2A as enacted in Arizona. The firms services encompass lessors of heavy equipment and machinery, lessors of medical and hospital equipment and lessors of rolling stock.

The firm handles lease enforcement arising from defaults of both true leases and leases intended as security. Many times such claims involve master leases with separate addendums for each additional lot of acquired equipment, Where desired by the lessor, the firm will assist its lessor clients with negotiated workouts. Similarly, when the lessor feels that the prospects for successful negotiation without litigation are slim, the firm will commence appropriate litigation against the lessee and any guarantors.

When a bankruptcy filing is undertaken by the lessee, the firm can provide a complete suite of bankruptcy related services including motions to lift the automatic stay, the filing of pre-filing proofs of claims and applications for post-petition administrative expense allowance, adequate protection and insurance motions, motions to compel the debtor to accept or reject executory lease contracts, the prosecution of complaints objecting to dischargeability or discharge, plan confirmation disputes, and the defense of adversary complaints seeking to recharacterize true leases as secured debt transactions.

Attorneys in the firm have experience in negotiating with lessees to secure consensual liquidation of  leased equipment at auctions conducted by Ritchie Bros. Auctioneers and other well known sale resources.

Attorneys of the Rose Law Group team possess numerous credentials attesting to their expertise and specialization in the area of equipment leasing litigation and claims. These credentials include, but are not limited to, Certified Business Bankruptcy Specialist, American Board of Certification; Certified Creditors’ Rights Specialist, American Board of Certification; and Certified Bankruptcy Specialist, State Bar of Arizona Board of Legal Specialization.

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(Disclosure: Rose Law Group represents Phoenix Country Day School.) By MacKenzie Brower | YourValley The special use permit amendment for Phoenix Country Day School to build a new performance arts center is scheduled for action and a public hearing April 11. Paradise Valley Town Council recently reviewed the application March 14 after the Planning Commission recommended it for approval. Vice

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Jordan Rose, founder and president of Rose Law Group, moderates homebuilding panel at LIFT AZ 2024 Summit

Investing in Talent to Elevate Arizona Join us at LIFT AZ 2024, an exclusive and immersive annual summit, where we’re taking Arizona’s investment industry to new heights. Presented by the Arizona Fund Manager Association, this exclusive one-day Summit is designed for institutional investors, family offices, private fund managers, and dedicated investment professionals committed to advancing Arizona’s financial future. At AFMA, we

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MORE ON: Fairmont Scottsdale Princess expansion

(Disclosure: Rose Law Group represents Fairmont Scottsdale Princess.) By J. Graber | Scottsdale Progress The Fairmont Scottsdale Princess, one of the jewels in Scottsdale’s resort and spa crown, could soon be expanding. The Scottsdale City Planning commission voted unanimously during its Feb. 28 meeting to recommend approval of a master plan update for the Princess, 7575 E. Princess Drive, that includes: • A new, 10,000-square-foot Italian restaurant, • A new,

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