A Legal Analysis of Financial Leasing



This paper aims at providing a theoretical analysis of international financial leasing and discusses some controversial issues within this area. Accordingly, it is divided into three main parts. The first part of the essay probes into the definition and fundamental features of international financial leasing. Then the second part focuses on certain debatable issues in the practice field of international financial leasing. The last part of the essay aims at providing a little analysis of the UNIDROIT Convention on International financial leasing which may be of some help to know the development of international financial leasing. This part mainly discusses rights and obligations of each party of an International financial leasing contract and particular remedies of breach of contract. Then, the conclusion provides some future perspectives of international financial leasing.
Key words: UNIDROIT Convention; International Financial Leasing; Private Law

Resumé: Cet article vise à fournir une analyse théorique de crédit-bail international et examine certaines questions controversées dans ce domaine. En conséquence, il est divisé en trois parties principales. La première partie de l'essai sonde dans la définition et les caractéristiques fondamentales de crédit-bail international. Puis la deuxième partie se concentre sur certains points discutables dans le domaine de la pratique du crédit-bail international. La dernière partie de l'essai vise à fournir une petite analyses sur la Convention d'UNIDROIT de crédit-bail qui peut être utile pour connaître le développement du crédit-bail international. Cette partie traite essentiellement des droits et obligations de chaque partie d'un contrat de crédit-bail international et des solutions spécifiques de rupture de contrat. Ensuite, la conclusion donne quelques perspectives d'avenir de crédit-bail international.
Mots-clés: Convention d'Unidroit; CrÉDit-Bail International; Droit PrivÉ


UNIDROIT Convention; International Financial Leasing; Private Law;Convention d'Unidroit; CrÉDit-Bail International; Droit PrivÉ


David. A. Levy. Financial leasing under the Unidroit Convention and the Uniform Commercial Code : a comparative analysis, 5 Ind. Int'l & Comp. L. Rev. 267, 1994-1995

Lawrence M. Taylor, Jr. (1988). International leasing, in 2 equipment leasing - leveraged leasing, In Bruce E. Fritch et al. Eds., 3rd ed., 1225

The preamble of the UNIDROIT Convention on International Financial Leasing (OTTAWA, 28 MAY 1988)

LS Sealy & RJA Hooley. (2009). Commercial Law: Text, Cases, and Materials, 4th ed., 927.

Ronald Cuming, Legal Regulation of International Financial Leasing: the 1988 Ottawa Convention, 7 Ariz. J. Int'l & Comp. L. 1989-1990, 41

Accounting for Leases and Hire Purchasing Contracts, Statement of Standard Accounting Practice No.21, August, 1984, para.15

International Accounting Standard 17 Leases, EC staff consolidated version as of 24 March 2010

Emer Hunt & Mark Middleditch, Finance Leasing -- A Snapshot , Tax Journal, Issue 727, 14, 2004, 9, February

Herbert smith, UK: Lords clarify law on taxing statutes, International Tax Review, February 2005. Retreived 20 April, 2010 from http://www.internationaltaxreview.com/?Page=10&PUBID=35&ISS=14050&SID=494288&TYPE=20

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DOI: http://dx.doi.org/10.3968/j.ccc.1923670020110702.015


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