If a transaction involves more than one creditor or lessor, only one creditor or lessor shall by required to make the disclosures.
Those losses are scaring off some big lessors, including two just this month.
The lessor need retain only enough information to reconstruct the required disclosures or other records.
But neither lessor nor lessee is willing to invest.
Only the lessor is bound by this promise.
This lessor of container ships was trading at just 0.22 times its book value in early 2010 amid fears that its top customer, France's CMA CGM, was on the brink of bankruptcy.
The lessor's insurance may be valid only during the stated period.
But if the carrier starts offering, say, 25 cents on the dollar, big aircraft lessors like GE Capital (which owns 20 United planes) may just repossess and try to redeploy the jets to overseas carriers.
All "persons" must comply with the advertising provisions in this section, not just those that meet the definition of a lessor in § 1013.2(h).
O'Brien also owns a network of 42 radio stations in eight European countries, a golf resort community in Portugal, a plane lessor with a fleet of 93 in Dublin and a firm, just two years old, that runs Internet job-recruiting sites in six countries, including eight in China.
