Drafting Solutions For Rapid Compensation In Case Of Damage To Rented Or Leased Equipment, Property Or Machinery

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This article discusses drafting solutions that lawyers can adopt when drafting agreements for clients who bail (rent) out goods and equipment, to ensure that they can rapidly enforce their contracts and get compensation in the event the goods are damaged due to the bailee’s breach of the contract. Keywords: Bailment, Equipment rental agreements, equipment damage, compensation…

Contract Manufacturers And Equipment Repair Services Can Withhold Delivery Of Goods Till They Are Paid. Drafting Solutions For Rapid Enforcement And Protection Of Both Parties’ Interests.

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This article deals with disputes concerning a manufacturer or service provider’s right to retain the finished goods until payment by the purchaser, in cases where the purchaser supplies the raw material or the goods to be assembled, serviced, or repaired. The article discusses solutions that can be incorporated in the contracts to prevent such disputes…