Security rights and the european insolvency regulation
- ISBN: 9781780683171
- Editorial: Intersentia Ltd.
- Fecha de la edición: 2017
- Lugar de la edición: Cambridge . Reino Unido
- Encuadernación: Cartoné
- Medidas: 23 cm
- Nº Pág.: 687
- Idiomas: Español
Security rights are of fundamental importance to the granting of credit. They are generally considered to increase the availability and lower the cost of credit but there appear to be divergent views across Europe and elsewhere on the extent to which it should be possible to create security rights over assets.Moreover, laws in many countries - avoidance laws - strike at advantage gaining by creditors in the period immediately before formal insolvency proceedings are instituted. It is seen as potentially unfair to other creditors who may be forced into taking enforcement proceedings against the debtor and this may precipitate the premature liquidation of the debtor with an overall loss of economic value.The book will assess the conception of security rights according to the different European legal traditions.
