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011.Международная лизинговая энциклопедия. The International Leasing Encyclopedia by Steven Gilyeart. / Bankruptcy / Bankruptcy and Insolvency from an International Perspective (Part 2)
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Types of Commercial Creditors: Secured, Unsecured, Undersecured There are really only three types of commercial creditors: secured, unsecured, and undersecured. (Note: These terms are used generically and not specificially in reference to US bankruptcy law.) Tax authorities, employee claimants, persons providing services to the bankruptcy estate itself, such as accountants and lawyers, usually have special rights because of their peculiar relationship with the insolvent, and have their claims treated in a separate manner. . .
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012.Международная лизинговая энциклопедия. The International Leasing Encyclopedia by Steven Gilyeart. / Bankruptcy / Bankruptcy and Insolvency from an International Perspective (Part 3)
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Simple Finance Leases As Installment/Conditional Sale As you may have already surmised, a typical simple finance lease in which the lessee receives the title to the asset upon the conclusion of the lease term for no additional consideration, or only a nominal, token, or trivial consideration, has all of the same economic characteristics of an installment or conditional sale. . .
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013.Международная лизинговая энциклопедия. The International Leasing Encyclopedia by Steven Gilyeart. / Bankruptcy / Bankruptcy and Insolvency from an International Perspective (Part 4)
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Priorities Most bankruptcy and insolvency proceedings follow what has been called "the absolute priority rule." This rule provides that after categorizing of a claim according to its status, every claimant of a higher rank must receive satisfaction of its claims in full before those on inferior rank are paid at all. This usually means that the class just above the class that will get nothing does not have enough funds available to it to satisfy everyone in full. . .
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014.Международная лизинговая энциклопедия. The International Leasing Encyclopedia by Steven Gilyeart. / Collection / When to Place Accounts for Collection by Bonded Collections of Tucson. Contact: Tamara Gehauf, [email protected]
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23 September 1999. Creditor's often ask, "When should I place an account with a collection agency?" They seek a specific point in time when an account should be placed with a collection agency. The General Rule Generally, if an account is 120 days delinquent (ninety days after the invoice date), a creditor should initiate placement with their collection agency, particularly if no response has been received from the customer. At that point, most creditors have sent out several statements and collection letters and made several collection calls. . .
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015.Международная лизинговая энциклопедия. The International Leasing Encyclopedia by Steven Gilyeart. / Collection / Selecting A Collection Agency by Bonded Collections of Tucson. Contact: Tamara Gehauf, [email protected]
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6 October 1999. Selecting a collection agency based upon the lowest fee charged may not be the best choice. While price is always a factor in making any business decision, it should not be the sole determining factor, particularly where qualitative factors also need to be assessed. Most of us are familiar with the old adage, "You get what you pay for." Low collection fess often result in an agency scaling back its collection efforts. . .
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016.Международная лизинговая энциклопедия. The International Leasing Encyclopedia by Steven Gilyeart. / Repossession / Repossession From an International Perspective by Steven Gilyeart
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One of the reasons financial leasing has been so successful is the stronger set of rights and protections provided the lessor as the owner of the leased asset compared to the rights and protections given the traditional bank lender who takes an interest in collateral, whether by non-possessory pledge, chattel mortgage or security interest. Just how much stronger those rights are depends upon a number of factors, including not only the provisions in the law, but the judicial environment of the country, the terms in the lease contract and the culture of the marketplace. This article will examine some of those aspects. . .
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017.Международная лизинговая энциклопедия. The International Leasing Encyclopedia by Steven Gilyeart. / Conference and Convention Reports / Leasing: A Fractured Market--A Report on the 17th World Leasing Convention Held 17-19 May 1999
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20 May 1999. Seeking to bring together members of the leasing industry from all parts of the world, Euromoney's 17th World Leasing Convention was held in Toronto May 17th through the 19th. With 155 delegates from 27 countries in attendance for presentations on over 16 topics, it was an opportunity for not only business networking but for assessment of the current state of international leasing. So just what is the state of the world-wide leasing industry? . . .
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018.Международная лизинговая энциклопедия. The International Leasing Encyclopedia by Steven Gilyeart. / Conference and Convention Reports / Leasing, Gambling and Sunshine--the EAEL & UAEL Joint Convention in Las Vegas Held 25-27 April 1999
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Leasing--the financial world's most creative tool inside. Which is the biggest draw? Las Vegas' attractions make it the biggest convention city in the world, but once you get your attendees there, you may have to remind them why they really came. Yet for over 371 members and others who came together in the desert sunshine at the second joint conference of the Eastern Association of Equipment Lessors (EALA) and the United Association of Equipment Leasing (UAEL) to share their problems, their views, their opinions and their forecasts for leasing both now and into the near future, it was leasing by day and Las Vegas by night. . .
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019. Международная лизинговая энциклопедия. The International Leasing Encyclopedia by Steven Gilyeart. / Conference and Convention Reports / Report on the Fourth African Leasing Convention Held 27-29 July 1998
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Under the theme "Leasing in Africa: The Challenges of Recent Global and Regional Developments," the African Leasing Association (AFROLEASE), in collaboration with the Association of African Development Finance Institutions (AADFI) and with the strong support of the Leasing Company of Nigeria, held its Fourth African Leasing Convention and Senior Policy Workshop at the Sofitel Hotel, Abidjan, Cфte d'Ivoire on 27-29 July 1998. . .
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020. Международная лизинговая энциклопедия. The International Leasing Encyclopedia by Steven Gilyeart. / Conference and Convention Reports / Report on the XVIth World Leasing Conference Held in May 1998
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21 May 1998. The XVIth World Leasing Conference and Annual FELALEASE Conference, held back-to back in Cancun, Mexico, on 18-19 and 20 May 1998, have just concluded. But what, if anything, can be concluded about the future of leasing in the world? . . .
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