Legal Regulation of Financial Leasing According to The Convention on International Financial Leasing from 1988

Authors:

Pages: 112-120

Abstract:

available, regulates the distinctive triangular relationship created by the financial leasing transaction and governs a financial leasing transaction in which the lessor, on the specifications of the lessee, enters into a supply agreement with a third party under which the lessor acquires plant, capital goods or other equipment (the equipment) on terms approved by the lessee so far as they concern its interests, and enters into a leasing agreement with the lessee, granting to the lessee the right to use the equipment in return for the payment of rentals.

Keywords:

financial leasing, supply agreement, leasing agreement, parties, lessor, lessee, supplier (third party), equipment, movables, rentals, amortisation, option, sub-leasing, place of business, international trade, private international law, rights, duties, operation leasing, substantial default, transfer of rights, risk.

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