Legal Considerations for Factors & Receivable Financiers

Legal Considerations for Factors & Receivable Financiers

20 November 2018 by Erik Timmermans


WOA expert advisor and founding member Ulrich Brink from German lawfirm Bette-Westenberger-Brink walks you through the most important legal questions that all Factoring and Receivables Finance Companies have to ask themselves. 

This is the first in a series of 4 premium contributions by Dr Ulrich Brink in the Learning Lab on Legal Environment.

Table of Contents

1. Definitions: Asset Finance, Receivables and Transfer

2. Receivable Finance Business Models

3. Legal Environment Favorable to Receivable Finance:

    • Assignment of future receivables and global assignments
    • Ban of assignment clauses
    • Debtor protection
    • Representations of Assignor
    • Third Party Rights



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