Structuring Equipment Financing: Developments for 2018
New Lease Accounting Rules; Bundling With Services and Software; Recent Cases on UCC and Bankruptcy Treatment
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will examine important new developments in equipment financing, including the new lease accounting standards and bundled lease structures which include service components. The panel will also discuss recent case law regarding “true lease” categorization, damages and other issues, and how recently enacted tax reform might affect tax treatment of equipment leases.
- Equipment finance—standard lease structures
- Capital leases
- Operating leases
- New lease accounting standards—change in treatment of operating leases
- Bundled or mixed equipment transactions
- Recent case law
- Effect of tax reform on equipment financing
The panel will review these and other key issues:
- What is the significance of the new lease accounting standard, and what is the compliance timeline?
- How should bundled services and products be reflected in equipment leases?
- What do recent court decisions say about when a lease is deemed a “true lease” as opposed to a lease that creates a security interest? What is the significance in bankruptcy?
- How will tax reform impact equipment financing?
Denise L. Blau
As a member of the firm’s Tax Practice and the Global Transportation Finance Team, Ms. Balu focuses on federal... | Read More
As a member of the firm’s Tax Practice and the Global Transportation Finance Team, Ms. Balu focuses on federal income tax planning and tax controversy representation of international corporate, partnership and individual clients. She has extensive experience in cross-border equipment lease financings. She lectures extensively and is a published author on financing, securitization and leasing matters.Close
Edward K. Gross
Mr. Gross has over 25 years of experience representing bank-affiliated and large, independent equipment financing... | Read More
Mr. Gross has over 25 years of experience representing bank-affiliated and large, independent equipment financing companies in all aspects of equipment finance transactions, and handles all types of equipment finance matters and structures. He received the Distinguished Service Award in 2008 and ELFA’s Legal Committee Edward A. Groobert Excellence in Leasing Award in 2011.Close
Dominic A. Liberatore
Deputy Chief Counsel
De Lage Landen Financial Services
Mr. Liberatore has been practicing law for 28 years focusing in the areas of leasing and asset based lending, and has... | Read More
Mr. Liberatore has been practicing law for 28 years focusing in the areas of leasing and asset based lending, and has served in a variety of senior in-house legal positions with DLL, IOS Capital, Inc. (the captive finance subsidiary of IKON Office Solutions, Inc.), Copelco Financial Services Group, Inc. and the FDIC. Prior to going in-house, he worked at Cravath, Swaine & Moore in New York City and Wolf Block in Philadelphia. He is a frequent speaker at industry events.Close
Ernst & Young
Mr. Nagus has over 14 years of experience in both Public Accounting and industry, including 13 years of audit and... | Read More
Mr. Nagus has over 14 years of experience in both Public Accounting and industry, including 13 years of audit and technical accounting experience and 1 year as a Revenue Manager for a publicly traded company. His areas of specialization include technical accounting, financial reporting, financial and project management. He is knowledgeable in complex accounting and reporting matters, including lease accounting and revenue recognition for multiple deliverable arrangements, software revenue recognition, as well as the new revenue (ASC 606) and lease (ASC 842) accounting standards.Close