By Yasmine EDDAM
2 May 2025
The end of a finance lease and corporate crisis situations The end of a finance lease deserves special attention. This phase involves complex legal issues, particularly if the lessee is in financial difficulty. The contract may be terminated under normal conditions, on the scheduled expiry date, or early. Each scenario has its own specific consequences. Business crises amplify these difficulties. If insolvency proceedings are instituted against the lessee, the terms of the contract are radically altered. The lessor then has to navigate between his status as creditor and that of owner. Understanding these mechanisms is crucial to securing its position. Early termination of the contract Early termination is a common way of terminating a contract. It occurs mainly when the tenant defaults. Termination for non-payment of rent Non-payment of rent generally triggers termination. Contracts systematically include a resolutory clause...