All articles by Verdict Staff

Photocopier contracts were not a hire agreement, court rules

The claimants,TRM Copy Centres (UK) Ltd, Digital 4 Convenience plc and D4C Finance Ltd, supply photocopiers to retailers using so-called location agreements.These involve retailers passing money they receive for each use of the copiers to the claimants, while retaining for themselves a small commission

Dexia bailed out by Belgium, France and Luxembourg

Dexia, who won contracts for five major public sector leasing deals in France this summer, may need to reassess its lending criteria following rescue by the Belgian, French and Luxembourger governments Axel Miller, Dexias chief executive who resigned earlier today, said that the bank had no choice but to seek the injection of capital because of a significant deterioration in the business and market environment and the financial distress of a number of financial services companies.

Isuzu teams up with BNP Paribas subsidiary for contract hire deal

Japanese truck manufacturer Isuzu has teamed up with Artegy Limited, part of BNP Paribas, to relaunch Isuzu Truck Contract Hire for its new range of Grafter and Forward trucks

LeasePlan continues large scale expansion

Fleet lessor group LeasePlan boosted its international contract portfolio by 557m to achieve a book worth 14.4bn in H1 2008, an increase of 4 percent year-on-year

Real Asset Management wins container software contract

Real Asset Management plc (RAM) has won a contract with Tankspan Leasing Ltd to supply specialist software designed specifically for the international tank and container leasing industry.

CSOB’s Euroleasing riding high

Euroleasing, a specialist programme run by CSOB Leasing has financed assets worth 24.6 million since the programme began in 2004

Profits up 3% at DLL

De Lage Landen continues to be solid earner for its Dutch parent Rabobank despite the lessor having decided this year to focus on developing margins rather than its portfolio. In contrast net profits Rabobanks real estate arm declined 16 percent during this period, and 88 percent in its wholesale and international retail banking arm.

Babcock Brown loses aircraft, founder

Babcock Brown loses aircraft, founder Babcock & Brown Air Ltd, the aircraft leasing arm of investment and asset management group Babcock & Brown, has sold two A320-200 craft for an undisclosed sum over the last two months, leaving a fleet of 62 aircraft

Deterioration at GE Capital causes lowered forecast for General Electric

Syscap teams up with technology search engine Conjungo