CEU Electronic Theses and Dissertations, 2019
| Author | Faida, Joy |
|---|---|
| Title | Lease Financing: A Comparative Analysis Of The Secured Transactions Law Of Uganda And The United States Of America |
| Summary | A lease is one of the important tools that may be used to access finance. A lease has been held as one of the important financial tools by which businesses especially small and medium-scale enterprises (SMEs) can access capital goods since it allows them access to goods without immediate payment of cash. The focus of this thesis is regulation of the finance lease under secured transactions law. It compares the legal framework on finance lease in Uganda and the United States of America with the view to drawing lessons for Uganda from the American experience. This is done by examining the legal rules found in the relevant legal framework on finance lease in both countries with a focus on two key aspects: creation of the lease interest and its enforcement. The view taken by this thesis is that the regulatory regime on financial leasing in Uganda is currently inadequate, while the American regime on lease financing set out under the Uniform Commercial Code (UCC) provides a more comparatively robust framework. This is because the regime in Uganda is still evolving. Consequently, there are many lessons that Uganda can draw from the United States’ experience including the application of remedies such as strict foreclosure and self-help repossession with the concomitant non breach of peace principle among others. |
| Supervisor | TIBOR TAJTI |
| Department | Legal Studies LLM |
| Full text | https://www.etd.ceu.edu/2019/faida_joy.pdf |
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