Equipment Leasing and Finance Association - Equiping Business for Success

Legal Resources

Information regarding pertinent legal matters and their impact on the equipment finance business.
ELFA members enjoy special access to and discounts on many of the following resources. Learn more.

EL&F Articles

  • Federal Court in New York Enforces “Floating” Forum Selection Clause

    FORUM SELECTION CLAUSES are favored by most courts in most jurisdictions as a contractual mechanism to provide certainty with respect to where a litigation may be commenced in the event of a dispute between the contracting parties.

  • Syndications and Capital Markets: Recent Highlights

    Equipment financing providers and investors continue to rely upon syndications and capital markets transactions to create liquidity, facilitate capital equipment acquisitions and offer investment opportunities. ELFA’s Legal Committee established the ELFA Capital Markets Legal Subcommittee in 2017 to follow legal issues relating to this market segment.

Additional Articles


Also See:


State Tax Manual

Designed to aid equipment finance companies in tax compliance and planning. Provides state-by-state analysis of sales and property taxes.


State Law Compendium

50-state guide to  compliance with selected state statutes and regulations


What's New in the Law -
May 1, 2018

Summary of recent case law impacting the leasing and finance industry.

An e-mail discussion group focused on legal subjects.


Additional Resources:

  • Executive's Guide to Lease Documentation - A synopsis of issues that may arise during negotiation, drafting and administration of equipment lease agreements and related documents. 
  • Executive's Guide to Remedies - A synopsis of remedies available to lessors under many lease agreements and applicable law, and legal issues that may affect a lessor's exercise of those remedies.
  • Legal Buyers Guide - Seeking legal guidance? Look no further to find equipment finance and leasing lawyers ready to serve you.
  • Business Practices - Miscellaneous documents
  • ELFA Legal Committee - A member and staff resource on a wide range of national and international legal issues impacting the industry. Monitors and contributes to this page.
  • Edward A. Groobert Award for Legal Excellence - Honoring extraordinary contributions to initiatives sponsored by ELFA and its Legal Committee.
elfa foundation

Foundation donors receive benefits, including early access to many of the following resources. Learn more.


  • Securitization: A Renaissance for Equipment Finance?

    This report is the latest industry focused report from the Foundation. The report reviews current environment and analyzes the future of securitizations.

  • Digital Documents

    This Study quantifies the extent to which the equipment leasing industry is now engaged in Electronic Lease Transactions, and the challenges that have been addressed in the process.