{"id":171,"date":"2026-05-19T12:27:12","date_gmt":"2026-05-19T16:27:12","guid":{"rendered":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/?p=171"},"modified":"2026-05-19T12:27:13","modified_gmt":"2026-05-19T16:27:13","slug":"improperly-documented-agreement-leads-to-lenders-loss-in-equipment-financing-dispute","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/2026\/05\/19\/improperly-documented-agreement-leads-to-lenders-loss-in-equipment-financing-dispute\/","title":{"rendered":"Improperly Documented Agreement Leads to Lender&#8217;s Loss in Equipment Financing Dispute"},"content":{"rendered":"\n<p>By \u00a0<a href=\"https:\/\/www.duanemorris.com\/attorneys\/mairivluce.html\">Mairi V. Luce<\/a> and\u00a0<a href=\"https:\/\/www.duanemorris.com\/attorneys\/klarabradbury.html\">Klara Bradbury<\/a><\/p>\n\n\n\n<p>In <em>Wingspire Equipment Finance LLC v. E-Crane International USA Inc.<\/em>, the United States Bankruptcy Court for the District of Delaware closed a long-running equipment-financing dispute with a practical warning for lenders: Funding a borrower\u2019s purchase of equipment does not, by itself, give the lender an interest in the equipment or a direct claim against the vendor. The decisions in the case are a reminder that an equipment lender needs a documented path to title, control or other enforceable collateral rights to ensure it has a path to recovery in the event of a bankruptcy scenario.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.duanemorris.com\/alerts\/improperly_documented_agreement_leads_lenders_loss_equipment_financing_dispute_0526.html\">Read the full <em>Alert<\/em> on the Duane Morris LLP website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By \u00a0Mairi V. Luce and\u00a0Klara Bradbury In Wingspire Equipment Finance LLC v. E-Crane International USA Inc., the United States Bankruptcy Court for the District of Delaware closed a long-running equipment-financing dispute with a practical warning for lenders: Funding a borrower\u2019s purchase of equipment does not, by itself, give the lender an interest in the equipment &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/2026\/05\/19\/improperly-documented-agreement-leads-to-lenders-loss-in-equipment-financing-dispute\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Improperly Documented Agreement Leads to Lender&#8217;s Loss in Equipment Financing Dispute&#8221;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"ppma_author":[37],"class_list":["post-171","post","type-post","status-publish","format-standard","hentry","category-general"],"authors":[{"term_id":37,"user_id":6,"is_guest":0,"slug":"duanemorris3","display_name":"Duane Morris","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/843ff6e7a8fe5fc92109b47a45f34b6cf0ea499e6e788db23456c838b0ae6747?s=96&d=blank&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/posts\/171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/comments?post=171"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/posts\/171\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/media?parent=171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/categories?post=171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/tags?post=171"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/ppma_author?post=171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}