Equipment Leases , Lemon Laws, and Legal

258 Views | 1 Replies | Last: 10 hrs ago by GeorgiAg
Jimmy Conway
How long do you want to ignore this user?
Don't want to get into a huge novel here but long story short a partner and I leased some heavy and expensive equipment, the equipment has never really worked right from the get go (constant servicing and constant down time), and unfortunately we noticed very fine print language in our contract to where it states the company providing the equipment (who also arranged the lease) can basically just come out and do things on their own timeline and to their own standards and we just gotta live with it. Admittedly , we should have caught this in the contract but here we are. Hoping we can find a way to either hold this company accountable or to get out of the lease and go with another lease entity where we can do a better job reading over our lease deal. I'm wondering if a) some sort of lemon laws might apply and b) if the board has any attorney recs who might be willing to look over our lease to see what our options are.
GeorgiAg
How long do you want to ignore this user?
AG
Definitely get a lawyer. Where are you? That may help with the attorney recs.

I'm a Georgia lawyer, but I don't think a lemon law would apply. That language in your contract doesn't help, but depending on the specific facts of your case, a Judge is not going to just let someone rent crappy equipment that doesn't work, not repair and provide an alternative and let you get screwed.

Every contract has implied good faith and fair dealing. Have they taken every effort to repair or provide substitute equipment? The devil is in the details.

Also, I know it seems like you can cut cost on the front end by not hiring an attorney for contract review, but in situations like this, it can cost you several multiples more on the back end. Good luck!
Refresh
Page 1 of 1
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.