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Leasing

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  • Equipment leasing in the face of company difficulties (receivership and liquidation)

    By Charlotte GAUCHON
    2 April 2025
    Facing financial difficulties is an ordeal for any company. When the situation becomes critical and receivership or liquidation proceedings are initiated, many questions arise about the fate of existing contracts. What happens to your equipment financed by equipment leasing? Can you continue to use it? Can the lessor take them back immediately? The interaction between insolvency law and leasing rules is complex, and the consequences can be decisive for the future of your business or the course of the proceedings. This article aims to demystify the rules applicable to equipment leasing contracts when your company is the subject of insolvency proceedings. What happens to the leasing contract when the proceedings are opened The opening of receivership or liquidation proceedings by the commercial court marks the start of a period governed by specific rules that are not applicable to the leasing contract...
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