Alexis Leventhal

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New York’s New Law Impacting Commercial Financing Transactions

The New York Commercial Financing Disclosure Law (“CFDL”) imposes consumer-style disclosure requirements for a variety of commercial financing transactions, including loans, sales-based financing, including merchant cash advances, and factoring transactions.  The original bill, SB 5470, was signed into law in December 2020 and then amended by SB 898 in February 2021. State or federally chartered … Continue Reading

Chattel paper in the electronic age

The world is going digital and equipment lease transactions are no exception.  Today, business is increasingly conducted online, and the necessity to do so has only been amplified with the COVID-19 health crisis.  Luckily, because the movement of transactions into the digital space was already well underway prior to COVID-19, the law and the market … Continue Reading