Breach of Contractual Ancillary Obligations in Leasing Law
GRP Rainer Attorneys and Tax Advisors in Cologne, Berlin, Bonn, Bremen, Dusseldorf, Essen, Frankfurt, Hamburg, Hanover, Munich, Nuremberg and Stuttgart www.grprainer.com/en explain: The Higher Regional Court (OLG) Oldenburg ruled in its judgment from March 6, 2013 (file ref.no.: 13 U 4/11) that a lessor must utilize the leased asset, if the lessee is responsible for the calculated residual value of the lease according to the terms of the lease agreement. The ancillary obligation to recover the best possible utilization of...
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