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Equipment Lessor Articles

“Hey, watch this!” … and other Infamous Rental Customer Jargon

Lawsuit Accuses United Rentals, Other Construction Equipment Firms of Price-Fixing

A lawsuit filed in Chicago federal court claims that construction equipment giant United Rentals and four rivals conspired…

Lessons Learned from a Class Action Suit on Damage Waiver

This class action lawsuit filed against Hertz Equipment Rental is good reason to revisit your policy on damage waivers. &nbs…

Follow These Steps to Achieve Damage Waiver Success

After nearly 10 years of offering damage waivers at Busylad Rent-All in Tupelo, Miss., the company’s president, Buddy Stubb…

The State of the Equipment Industry – IEDA Presentation 2023

James Waite presents on The State of the Equipment Industry from an economic outlook and how to better prepare for what is t…

Marijuana & Employment Law: Dazed & Confused

An equipment industry client asked the following question: Can my employees use marijuana? If so, when, where, an…

The Case for a Bill of Sale

Question: I sell new and used equipment. I usually don’t have buyers sign a separate contract or bill of sale because…

Buying Assets or Equity

Question: I’m considering buying a competing equipment dealership. I’m being told that I should buy the assets rather than t…

Protecting yourself from Customer Bankruptcies

Question: I just had two large customers file bankruptcy. One of them was making payments on a rental that included an infor…