Cross-border financing lease contracts and Compliance with national law and international subject matter rules in accordance with the 1988 Unidroit Convention

Abstract

In today's global landscape, a financing lease is one of the most important contracts and considered an effective means by which the lessee obtains the transferred property or real estate without having to buy it. This will be the result of a contract between the lessor and the importer according to the desire and requests of the lessee. Because of its prevalence and importance, especially in western countries, the International Institute for the Unification issued the UNIDROIT Convention on Financing Leases. In this study, the researcher relied on analytical and comparative methods in order to analyze and present the differences between the laws. This paper consists of an introduction and three chapters. The first chapter explains the purpose of a cross-border financing lease. The second chapter is the subjection of financing leases to national laws in accordance with traditional conflict rules. The third chapter is devoted to the compliance of this contract with international objective rules.