Global law firm Rimon PC has added Scott Chait as an Equipment Leasing and Finance Partner in New Jersey.

Chait joins the firm from Sumitomo Mitsui Banking Corporation, where he served as a director and as in house counsel.

Chait has deep experience in the equipment leasing and finance industry, having served as in-house counsel for two of the top 100 equipment leasing and finance companies in the United States; as an attorney with a law firm focusing on equipment leasing and finance; and in an in-house counsel role as well as a non-legal role within the business operations and documentation units at another well-known equipment leasing and finance company.

Chait advises clients on a wide range of asset and transaction types in the large, medium and small ticket sectors. He has negotiated, structured and drafted all manners of direct originations, syndications, assignments, refinancings, workouts, vendor/dealer referrals, and remarketing programs.

Chait also routinely advises senior management and other business professionals on complex legal issues under Articles 2A and 9 of the Uniform Commercial Code and other commercial law, including lien perfection and priority, documentation, deal structuring, workouts, compliance, and internal policies and procedures.

Rimon Managing Partner Juan Zuniga said, “We are pleased to be continuing our growth with the addition of Scott to our team. With substantial in-house experience, Scott is truly in touch with client needs. We are excited to be expanding our equipment finance practice.”

Equipment Finance Partner Ken Weinberg commented, “Scott not only has a great legal mind (and the ability to spot, understand, explain and address complex legal issues) but also understands practical issues at play, the way the industry works, and how to deliver what clients want and need in the ever-evolving equipment leasing and finance industry— outstanding service at great value.”

Chait graduated from Brooklyn Law School (J.D.) and New York University (B.A.)

Rimon has 48 offices across five continents.