Banking and securities law
The legal mechanisms of factoring: subrogation and cession Dailly
By Charlotte GAUCHON2 May 2025Your company uses factoring, but the choice between personal subrogation and cession Dailly is not without consequences. These two mechanisms for transferring receivables offer different levels of protection in the event of a dispute with the factor or the insolvency of the debtor. Here's an overview of the legal rules governing each arrangement and the points to watch out for.
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