Books Developments in PIL Scholarship

Secured Credit in Europe

Teemu Juutilainen is the author of Secured Credit in Europe – From Conflicts to Compatibility, which is about to be published by Hart Publishing.

The abstract reads as follows.

This monograph seeks the optimal way to promote compatibility between systems of proprietary security rights in Europe, focusing on security rights over tangible movables and receivables. Based on comparative research, it proposes how best to tackle cross-border problems impeding trade and finance, notably uncertainty of enforceability and unexpected loss of security rights. It offers an extensive analysis of the academic literature of more recent years that has appeared in English, German, the Scandinavian languages and Finnish. The author organises the concrete means of promoting compatibility into a centralised substantive approach, a centralised conflicts-approach, a local conflicts-approach and a local substantive approach. The centralised approaches develop EU law, and the local approaches Member State laws. The substantive approaches unify or harmonise substantive law, while the conflicts approaches rely on private international law. The author proposes determining the optimal way to promote compatibility by objective-based division of labour between the four approaches. The objectives developed for that purpose are derived from the economic functions of security rights, the conditions for legal evolution and a transnational conception of justice.

More information here.

1 comment on “Secured Credit in Europe

  1. Matthias Lehmann

    I already had the pleasure to read this book. It is highly informative and innovative. Strongly recommended!

Comments are closed.