Cross-border Security Over Receivables

Cross-border Security Over Receivables

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Receivables transactions play an important role in modern national economies. Cross-Border Security over Receivables, which studies the law of seven European nations, provides an in-depth examination of the key substantive law issues, as well as a detailed examination of the private international law issues, particularly, the third party effects of assignments. National reports use practical cases to explore the issues and to highlight differences and similarities. The book will assist market participants and their counsel to better understand the rules of their own countries and those of other countries. It will be of great value to academics in the private, comparative, and private international law fields and will assist those involved in national, EU and global reform efforts.The France report indicates flatly that such a global security right (or even a Dailly transfer) cannot be accomplished, due to the ... This is, of course, in addition to the obstacle posed by the Civil Code requirement of notification. ... In Germany, there is no problem with making such a Globalzession (other than the exclusion of claims that must be left available for ... of an undivided interest in the loans currently in its portfolio, defined as a percentage of the total face amount of the portfolio.

Title:Cross-border Security Over Receivables
Author: Harry C. Sigman, Eva-Maria Kieninger
Publisher:sellier. european law publ. - 2009

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