Welcome to the new Lien Solutions blog – insights and resources to help professionals reduce risk and shape the future of their business. You’ll find articles on thought leadership, practical tips, and an exchange of ideas that drive innovation and better outcomes.
It is imperative when signing contracts to be explicit in your agreement before a contract is assigned. Learn what happened when a contract had ambiguity between the two parties. In this Chapter 11 action, the court was tasked with determining whether a contract constitutes a true lease or security interest. Ford Motor Credit Company, LLC (“Ford”) brought motions for relief from stay to exercise its rights against trucks that are the subject of a master lease agreement with the debtor, Lasting Impressions Landscape Contractors, Inc. (“Debtor”).