UPDATE: Motor Vehicle Dealers License Requirement

Last spring, we reported on proposed legislation in New York that will require all motor vehicle lessors to obtain a dealer’s license in order to legally lease vehicles in the State of New York. While this legislation does not have the headline appeal of mask...

NY Commercial Finance Disclosure Law

On October 20, 2021, the New York Department of Financial Services (NYDFS) issued proposed rules under New York’s Commercial Financing Disclosure Law (CFDL). The CFDL will be effective January 1, 2022 and mandates consumer type disclosures for certain types of...

Have You Read Your Lease Lately?

By Edward P. Kaye, Esq. and Sloan Schickler, Esq. When was the last time you did a full review of your lease and loan documentation? How about a partial review? Anyone? If you are like most independent lessors, you are too busy running your daily operation to devote a...

2020 NVLA Annual Conference Goes Virtual

Originally Published by Leasing News After postponing its scheduled annual 2020 conference last March in Austin, Texas, the National Vehicle Leasing Association (NVLA) held a two-day virtual event, “Wins of Change,” last week. Clearly, there has been much change in...