Shipping & Transport updates

France

Finance leasing: from resolution to lapse
  • France
  • 18 September 2019

A Court of Cassation decision relating to a finance lease agreement for a truck has brought longstanding jurisprudence in line with recent legislation. As such, finance lessors must ensure that indemnity provisions are ring-fenced and protected from the voiding of the finance lease agreement if the underlying sales contract disappears.


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