Forfeiture and the Operating Lease

Posted: 10 Jun 2015

See all articles by Lee Aitken

Lee Aitken

The University of Hong Kong - Faculty of Law

Date Written: 2010

Abstract

Comments on the Commercial Court judgment in Celestial Aviation Trading 71 Ltd v Paramount Airways Private Ltd on whether, in a claim relating to non-payment of rent on three aircraft with a useful life of around 20 years, the lease agreements for the aircraft, each for a term of 8 years, involved the transfer of proprietary or possessory rights and whether the right to forfeiture was to secure payment of rent.

JEL Classification: K00

Suggested Citation

Aitken, Lee, Forfeiture and the Operating Lease (2010). Law Quarterly Review, 126 505-507, 2010; University of Queensland TC Beirne School of Law Research Paper. Available at SSRN: https://ssrn.com/abstract=2585852

Lee Aitken (Contact Author)

The University of Hong Kong - Faculty of Law ( email )

Pokfulam Road
Hong Kong, Hong Kong
China

HOME PAGE: http://hub.hku.hk/rp/rp01235

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