- •Contents
- •General editors’ preface
- •Preface
- •Contributors
- •Table of cases cited by name
- •England
- •Ireland
- •Netherlands
- •New Zealand
- •Scotland
- •South Africa
- •United States of America
- •Table of legislation
- •Austria
- •Belgium
- •Denmark
- •England
- •Finland
- •France
- •Germany
- •Greece
- •Ireland
- •Italy
- •Netherlands
- •Portugal
- •Scotland
- •South Africa
- •Spain
- •Sweden
- •Abbreviations
- •1 Introduction: security rights in movable property within the common market and the approach of the study
- •A. A short survey of the status quo
- •I. Economic reasons for the existence of security rights
- •II. Security rights in movable property: main divergencies
- •III. Private international law
- •1. Tangible movables: lex rei sitae and the limits of the doctrine of transposition
- •2. Claims: article 12 of the Rome Convention and its various interpretations
- •IV. The need for harmonisation within the EU
- •V. Attempts at harmonisation or unification: past and present
- •1. European Union
- •2. UNCITRAL
- •3. UNIDROIT
- •4. European Bank for Reconstruction and Development
- •B. The approach and purpose of the study
- •I. The ‘Common Core methodology’ as applied to secured transactions
- •II. Surveying the legal landscape against the background of a need for harmonisation
- •III. The genesis of the book
- •1. Narrowing down the topic
- •2. On terminology and the glossary
- •3. Order of the national reports
- •Bibliography
- •2 A labyrinth of creditors: a short introduction to the history of security interests in goods
- •1. Introduction
- •2. Justinian Roman law
- •3. Later developments in the European ius commune
- •4. Security interests in movables in the continental European codes
- •5. Common law and civil law
- •Bibliography
- •Brief description of key features of Article 9
- •History and context
- •Article 9 in depth
- •Creation, attachment and enforceability of a security interest
- •Scope of Article 9’s coverage
- •Perfection
- •How is perfection achieved?
- •Priority rules
- •Third-party rights
- •The filing system
- •Post-default rights and remedies
- •Conclusion
- •A. Article 9 through the eyes of an English lawyer
- •B. The values of English law
- •C. The future of English law
- •D. Summary
- •Postscript
- •Bibliography
- •5 The European Bank for Reconstruction and Development’s Secured Transactions Project: a model law and ten core principles for a modern secured transactions law in countries of Central and Eastern Europe (and elsewhere!)
- •Introduction
- •The EBRD Model Law on Secured Transactions: four objectives
- •The EBRD Ten Core Principles
- •How does the Model Law score? Answers to the questionnaire
- •Cases 1 and 2
- •Case 3
- •Case 4
- •Cases 5 and 6
- •Cases 7 and 8
- •Cases 9 and 11
- •Cases 10 and 14
- •Cases 12 and 13
- •Case 15 and a conclusion
- •Abbreviations
- •Germany
- •Austria
- •Greece
- •France
- •Belgium
- •Portugal
- •Spain
- •Italy
- •The Netherlands
- •England
- •Ireland
- •Scotland
- •South Africa
- •Denmark
- •Sweden
- •Finland
- •Evaluation/Comparative observations
- •Bibliographies
- •Germany
- •Austria
- •Greece
- •France
- •Belgium
- •Portugal
- •Spain
- •Italy
- •The Netherlands
- •England
- •Scotland
- •South Africa
- •Denmark
- •Sweden
- •Finland
- •Comparative observations
- •Glossary
- •I. Introduction
- •Questions
- •Discussions
- •Effects of bankruptcy
- •General remarks on transfer of ownership
- •Comparative observations
- •part (a)
- •Passing of ownership
- •part (b)
- •part (c)
- •Case 2: The deceived seller
- •Question
- •Discussions
- •Comparative observations
- •Abstract and causal systems
- •Protection of third parties
- •Case 3: Machinery supplied to be used by the buyer
- •Questions
- •Discussions
- •Comparative observations
- •Parts (a) and (e)
- •Part (b)
- •Part (c)
- •Part (d)
- •Case 4: Jackets for resale
- •Question
- •Discussions
- •Comparative observations
- •Case 5: Motor cars supplied and resold (I)
- •Questions
- •Discussions
- •Comparative observations
- •Part (a)
- •Part (b)
- •Part (c)
- •(i) Solutions which do not require additional clauses or transactions
- •(iii) Assignment of the proceeds
- •(v) Contracts other than sale under retention of title (consignment and commission)
- •(vi) Rights in the sold goods other than retention of title
- •(vii) Summary
- •Case 6: Motor cars supplied and resold (II)
- •Questions
- •Discussions
- •Comparative observations
- •Part (a)
- •Part (b)
- •Case 7: Supply of material to manufacturer (I)
- •Questions
- •Discussions
- •Comparative observations
- •Part (a)
- •Part (b)
- •Part (c)
- •Part (d)
- •Case 8: Supply of material to manufacturer (II)
- •Questions
- •Discussions
- •Comparative observations
- •Parts (a) and (b)
- •Part (c)
- •Part (d)
- •Case 9: Too many toasters
- •Questions
- •Discussions
- •Comparative observations
- •Part (a)
- •(i) Validity of all-sums clauses
- •(ii) Invalidity of all-sums clauses
- •(iii) All-sums clauses and commingling
- •(iv) Invalidity of simple retention of title
- •Part (b)
- •Part (c)
- •Questions
- •Discussions
- •(i) Principle of publicity
- •(iii) Unconscionability
- •Comparative observations
- •Parts (a)--(c)
- •(i) Use of ownership for security purposes
- •(ii) Security rights based on the idea of a pledge without dispossession
- •Part (d)
- •Case 11: Bank loan for a wholesaler
- •Questions
- •Variation
- •Discussions
- •Stock-in-trade containing goods sold under retention of title
- •Variation
- •Variation
- •Variation
- •Variation
- •Variation
- •Variation
- •Variation
- •Variation
- •Variation
- •Variation
- •Variation
- •Variation
- •Variation
- •Variation
- •Variation
- •Variation
- •Comparative observations
- •Parts (a)--(c)
- •Part (d)
- •Variation
- •Case 12: Bank loan on the basis of money claims (I)
- •Questions
- •Discussions
- •Comparative observations
- •(iii) Further requirements
- •Case 13: Bank loan on the basis of money claims (II)
- •Questions
- •Discussions
- •Comparative observations
- •Parts (a)--(c)
- •Part (d)
- •Case 14: Finance leasing of computers
- •Questions
- •Discussions
- •Comparative observations
- •Part (a)
- •Part (b)
- •Part (c)
- •Part (d)
- •Case 15: Indebted businessman sells business to brother
- •Questions
- •Discussions
- •Comparative observations
- •Part (a)
- •Parts (b) and (c)
- •A. General tendencies
- •I. Common developments
- •1. Evolution of secured transactions law outside the Civil Codes
- •2. No unitary, functional approach to security rights
- •3. Enlarging the range of security rights
- •4. Limiting the rights of secured creditors in insolvency
- •6. The rise of contractual devices coupled with title-based security rights
- •II. Persisting differences
- •1. General attitude towards security rights in movables
- •B. Convergences and divergences in relation to specific security rights
- •I. Security rights with strong convergence
- •1. Simple retention of title
- •2. Leasing
- •II. Security rights where some elements of convergence are present but where significant differences continue to subsist
- •1. Security rights in entities of property -- enterprise charge
- •2. Security assignment of claims or charge over claims (outside retention of title)
- •3. Extensions of retention of title
- •4. Non-possessory security rights in individualised property (other than retention of title and leasing)
- •C. Possible ways towards harmonisation
- •I. Simple retention of title
- •II. Harmonisation or unification beyond simple retention of title
- •1. Form, scope and context
- •2. Main policy choices concerning the substantive rules
- •(a) Uniform, functional approach
- •(b) Range of possible collateral
- •(c) Publicity
- •(d) Priority
- •(e) Special rules for purchase-money security interests
- •Bibliography
- •Index by country
- •Index by subject
Abbreviations
AC |
Appeal Cases, Law Reports |
All ER |
All England Law Reports |
BCC |
British Company Cases |
BCLC |
Butterworth’s Company Law Cases |
BGB |
Bürgerliches Gesetzbuch (German Civil Code) |
BGH |
Bundesgerichtshof (German Federal Supreme Court) |
BGHZ |
Entscheidungen des Bundesgerichtshofs für Zivilsachen |
|
(Decisions of the German Federal Supreme Court in |
|
Private Law Matters) |
BOE |
Boletín Oficial del Estado (Official Gazette of the |
|
Spanish State) |
BW |
Burgerlijk Wetboek (Dutch Civil Code) |
C. |
Justinian’s Code |
Cass. |
Cour de Cassation (French or Belgian Supreme Court) |
Cc |
Code civil (French or Belgian Civil Code) |
C.c. |
Codice civile (Italian Civil Code), Código civil (Spanish |
|
or Portuguese Civil Code) |
Ch |
Law Reports, Chancery Division |
Ch App |
Chancery Appeals |
CMLR |
Common Market Law Review (law journal) |
Cmnd |
Command Paper |
D. |
Digest |
Dalloz |
Dalloz, Recueil hebdomadaire de jurisprudence |
|
(1924--1940) |
D.H. |
Dalloz Hebdomadaire |
DZWiR |
Deutsche Zeitschrift für Wirtschaftsrecht (law journal) |
EBRD |
European Bank for Reconstruction and |
|
Development |
EC |
European Community |
ECJ |
European Court of Justice |
3
4i n t r o d u c t i o n a n d c o n t e x t
EEC |
European Economic Community |
EGBGB |
Einführungsgesetz zum Bürgerlichen Gesetzbuch (German |
|
Introductory Act to the Civil Code) |
ER |
English Reports |
ERPL |
European Review of Private Law (law journal) |
EU |
European Union |
ICLQ |
International and Comparative Law Quarterly (law |
|
journal) |
IPRax |
Praxis des Internationalen Privatund Verfahrensrechts |
|
(law journal) |
JCP |
Jurisclasseur périodique (otherwise known as La |
|
Semaine Juridique), édition générale (law journal) |
JZ |
Juristenzeitung (law journal) |
Lloyd’s Rep |
Lloyd’s Law Reports |
LQR |
Law Quarterly Review (law journal) |
McGill LJ |
McGill Law Journal |
MJ |
Maastricht Journal of European and Comparative |
|
Law |
NI |
Northern Ireland |
NIPR |
Nederlands Internationaal Privaatrecht (law journal) |
NJ |
Neue Justiz (law journal) or Nederlandse Jurisprudentie |
|
Uitspraken in burgerlijke en strafzaken (law reports) |
NJW |
Neue Juristische Wochenschrift (law journal) |
OJ |
Official Journal |
QB |
Queen’s Bench |
RabelsZ |
Rabels Zeitschrift für ausländisches und internationales |
|
Privatrecht (law journal) |
Rdn. |
Randnummer (paragraph) |
Req. |
Chambre des requˆetes of the Cour de Cassation |
Rev.crit.d.i.p. |
Revue critique de droit international privé (law journal) |
Rev. int. dr. comp. |
Revue internationale de droit comparé (law journal) |
RG |
Reichsgericht (German Imperial Court) |
RGZ |
Amtliche Sammlung von Entscheidungen des |
|
Reichsgerichts in Zivilsachen (Collection of decisions of |
|
the German Imperial Court in Private Matters) |
RIW |
Recht der Internationalen Wirtschaft (law journal) |
RKO |
Reichskonkursordnung (German Bankruptcy Act of |
|
1877) |
RP |
Das römische Privatrecht |
SA |
South Africa |
Ses. Cas. |
Session Cases, House of Lords |
STS |
Sentencia Tribunal Supremo (case decided by the |
|
Spanish Supreme Court) |
tit. UCC
UNCITRAL
UNIDROIT
Unif. L. Rev./Rev. dr. unif.
U.Pa.J.Int’l Econ.L.
US
Ves.Sen.
WLR
WM
WPNR
ZEuP
ZIP
ZVglRWiss
l i s t o f a b b r e v i a t i o n s |
5 |
titulus, titre
Uniform Commercial Code
United Nations Commission on International Trade Law
International Institute for the Unification of Private Law
Uniform Law Review/Revue de droit uniforme (law journal)
University of Pennsylvania Journal of International and Economical Law (law journal)
United States Report
Vesey Senior’s Reports, Chancery Weekly Law Reports
Wertpapiermitteilungen, Zeitschrift für Wirtschaftsund Bankrecht (law journal)
Weekblad voor Privaatrecht, Notariaat en Registratie (law journal)
Zeitschrift für Europäisches Privatrecht (law journal) Zeitschrift für Wirtschaftsrecht und Insolvenzpraxis (law journal)
Zeitschrift für vergleichende Rechtswissenschaft (law journal)