Lease Agreement Equipment Five Things You Probably Didn’t Know About Lease Agreement Equipment

Reich Brothers Business Solutions, an automated absolute acreage close based in North White Plains, has won a $3.2 actor accolade adjoin a aggregation that chock-full advantageous for architecture equipment.



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U.S. District Judge Cathy Seibel issued a absence acumen Oct. 23 adjoin U.S. Crossings Unlimited, an oil and gas activity architecture aggregation in Belmont, Ohio, and Mike Lind, the aggregation owner, for abortion to acknowledge to a lawsuit.

She additionally ordered them to acknowledgment the equipment, admired at $2 million, and burden from “dismantling, removing, concealing, using, hiding, selling” it.



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Reich Brothers’ primary business is buying, managing and repurposing abeyant factories and administration accessories beyond the country, including the accouterment and accessories that appear with the old structures.



In June 2018, Reich Brothers addled a accord with U.S. Crossings to charter acclimated architecture equipment, such as trucks with as abundant as 830,000 miles, trailers, backhoes, pipelayers, air compressors and augers.

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U.S. Crossings agreed to pay $61,481 a ages for four years. Lind, according to the complaint filed in January, alone affirmed the payments. Payments chock-full afterwards four months.

U.S. Crossings “purposely” interfered with Reich Brothers accomplishment its property, Adam M. Reich, co-CEO, declared in an affidavit. He said U.S. Crossings was still application the accessories in Illinois, Ohio and Pennsylvania and was stripping genitalia to adjustment added vehicles.

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Reich Brothers sued U.S. Crossings for aperture of contract, aperture of assurance and conversion.

The absence acumen includes $2.6 actor still owed beneath the charter agreement, additional backward fees, interest, administration costs and advocate fees.

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Reich Brothers was represented by Barry M. Kazan of Thompson Hine LLP in Manhattan.

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 13 Simple Equipment Lease Agreement Templates ᐅ Template Lab - lease agreement equipment

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 13 Simple Equipment Lease Agreement Templates ᐅ Template Lab - lease agreement equipment

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Last Updated: November 16th, 2019 by darurat
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