LEGAL NATURE OF FACTORING FINANCING AGREEMENT; COMPARATIVE STUDY OF AMERICAN, ENGLAND, FRENCH AND IRANIAN LAW

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FEYZI CHEKAB GHOLAMNABI; DARZI ALI

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Journal: COMPARATIVE LAW REVIEW Year:2015 | Volume:5 | Issue:2 Page(s): 509-533

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Title

LEGAL NATURE OF FACTORING FINANCING AGREEMENT; COMPARATIVE STUDY OF AMERICAN, ENGLAND, FRENCH AND IRANIAN LAW

Author(s)

FEYZI CHEKAB GHOLAMNABI | DARZI ALI | Issue Writer Certificate

Keywords

FACTORINGQ2

FINANCEQ1

INTERNATIONAL TRADEQ1

PRIVATE CONTRACTQ2

SALE OF DEBTQ2

Abstract

In the context of INTERNATIONAL TRADE FACTORING, one of the important ways of financing is a dominant method of asset based financing for small and medium enterprises. Financing through FACTORING is done in the form of a contract between the creditor and factor. Determining the legal nature of this contract is important to identify and determine its effects. With this regard, this paper studied comparatively the legal nature of FACTORING financing in the national laws of developed countries and Iran’s legal system. Most countries, except France, use contractual form of assignment of debt for Legal justification of FACTORING financing. As the basis of FACTORING financing based on transfer of debt, in the domestic level Iran similar to others countries like itself, has no specific rules and can also use contractual frame works in which the transfer of debt is possible.

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APA: Copy

FEYZI CHEKAB, GHOLAMNABI, & DARZI, ALI. (2015). LEGAL NATURE OF FACTORING FINANCING AGREEMENT; COMPARATIVE STUDY OF AMERICAN, ENGLAND, FRENCH AND IRANIAN LAW. COMPARATIVE LAW REVIEW, 5(2), 509-533. SID. https://sid.ir/paper/246375/en

Vancouver: Copy

FEYZI CHEKAB GHOLAMNABI, DARZI ALI. LEGAL NATURE OF FACTORING FINANCING AGREEMENT; COMPARATIVE STUDY OF AMERICAN, ENGLAND, FRENCH AND IRANIAN LAW. COMPARATIVE LAW REVIEW[Internet]. 2015;5(2):509-533. Available from: https://sid.ir/paper/246375/en

IEEE: Copy

GHOLAMNABI FEYZI CHEKAB, and ALI DARZI, “LEGAL NATURE OF FACTORING FINANCING AGREEMENT; COMPARATIVE STUDY OF AMERICAN, ENGLAND, FRENCH AND IRANIAN LAW,” COMPARATIVE LAW REVIEW, vol. 5, no. 2, pp. 509–533, 2015, [Online]. Available: https://sid.ir/paper/246375/en

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