Proprietary Security in Moveable Assets

This new volume of the Principles of European Law series deals with proprietary security in movable assets. Since credits are (usually) only granted to companies and to consumers against security, the rules on collateral securities in both movables and monetary claims are of great practical importance in the Draft Common Frame of Reference (DCFR), which was drawn up at the European level. The rules on collateral securities were developed and structured autonomously and seek to reflect the status quo of the practical legal situation in the EU Member States. In keeping with the modern economic development, the book focuses particularly on the rules for non-possessory security rights. The book's National Notes cover the legal systems of all EU Member States. (Series: Principles of European Law)