Factoring and financial lease in insolvency I.

Author: István Gárdos - Péter Gárdos

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A judge from the Curia and a judge from the appeal court published an article on the new rules of the Civil Code on financial lease, and how these should be treated in insolvency. István Gárdos and Péter Gárdos disputes the consequences of the article and explains how the rules of the new Hungarian Civil Code should be handled in case of insolvency of the debtor. The article is available in Hungarian.