Factoring and financial lease in insolvency II.

Author: István Gárdos - Péter Gárdos


The new Hungarian Civil Code regulates factoring and financial lease. The new rules of the Civil Code did not lead to the revision of the Insolvency Code. The authors argue this should not lead to the consequence that these assets do not belong to the insolvency estate of the debtor. The article proves that this interpretation would be in line with the new rules of the Civil Code, and this would not be contrary to the provision of the Insolvency Code either. The article is available in Hungarian.