Financial collateral arrangements: the European collateral directive considered from a property and insolvency law perspective
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Abschlussarbeit Buch |
| Sprache: | English |
| Veröffentlicht: |
Deventer
Kluwer
2006
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| Schriftenreihe: | Series law of business and finance
9 |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XXIII, 430 S. |
| ISBN: | 9013036619 9041125566 |
Internformat
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| adam_text | FINANCIAL COLLATERAL ARRANGEMENTS THE EUROPEAN COLLATERAL DIRECTIVE
CONSIDERED FROM A PROPERTY AND INSOLVENCY LAW PERSPECTIVE AN ACADEMIC
ESSAY IN LAW TO OBTAIN THE DEGREE OF DOCTOR FROM RADBOUD UNIVERSITY
NIJMEGEN ON THE AUTHORITY OF THE RECTOR PROF.DR. C.W.P.M. BLOM ACCORDING
TO THE DECISION OF THE COUNCIL OF DEANS TO BE DEFENDED IN PUBLIC ON
THURSDAY 6 JULY 2006 AT 3.30 P.M. PRECISELY BY THOMAS RUDOLF MARIA PIUS
KEIJSER BORN ON 20 JUNE 1972 IN NIJMEGEN KLUWER - 2006 SUMMARY TABLE OF
CONTENTS ABBREVIATIONS XXIII I INTRODUCTION 1 1. INTRODUCTORY REMARKS 1
2. THE EUROPEAN COLLATERAL DIRECTIVE 2 3. PRESENTATION OF QUESTIONS 3 4.
SOME ADDITIONAL REMARKS 7 II THE MARKET 9 1. INTRODUCTION 9 2. WHAT IS
FINANCIAL COLLATERAL? 10 3. MASTER AGREEMENTS 20 4. FLOWS OF CASH AND
SECURITIES IN REPOS AND SECURITIES LENDING 25 5. CROSS-PRODUCT
ARRANGEMENTS 40 6. COMMERCIAL MARKET PARTICIPANTS 48 7. CENTRAL BANKS 53
8. THE COLLATERAL DIRECTIVE 64 9. IMPLEMENTATION OF THE COLLATERAL
DIRECTIVE IN THE NETHERLANDS 86 III TRANSFER OF TITLE 93 1. INTRODUCTION
93 2. TRANSFER OF TITLE: THE MARKET APPROACH 100 3. RECHARACTERISATION
AS A SECURITY INTEREST? 112 4. TEMPORARY TRANSFER OF TITLE? 164 5.
CONCLUSION 171 IV RIGHT OF USE 175 1. INTRODUCTION 175 2. RIGHT OF USE
UNDER AMERICAN LAW 186 3. RIGHT OF USE UNDER ENGLISH LAW 199 4. RIGHT OF
USE UNDER DUTCH (AND GERMAN) LAW 214 5. CONCLUSION 261 IX TABLEOF
CONTENTS 4.2.1 REPOS 26 4.2.2 SECURITIES LENDING 28 4.3 MARGIN
MAINTENANCE 28 4.3.1 INTRODUCTION 28 4.3.2 REPOS 29 4.3.3 SECURITIES
LENDING 33 4.4 SUBSTITUTION 34 4.5 INCOME PAYMENTS 35 4.6 INTEREST 37
4.6.1 PRICE DIFFERENTIAL AND LENDING FEE 37 4.6.2 CASH COLLATERAL 37
4.6.3 INTEREST ON OTHER SUMS DUE 38 4.7 EVENTS OF DEFAULT 38 5.
CROSS-PRODUCT ARRANGEMENTS 40 5.1 INTRODUCTION 40 5.2 BRIDGE PROVISIONS
41 5.2.1 INTRODUCTION 41 5.2.2 ISDA CROSS-AGREEMENT BRIDGE 41 5.3 SINGLE
MASTER AGREEMENT FOR MULTIPLE FINANCIAL PRODUCTS 42 5.3.1 INTRODUCTION
42 5.3.2 EUROPEAN MASTER AGREEMENT 42 5.4 MASTER MASTER AGREEMENTS 45
5.4.1 INTRODUCTION 45 5.4.2 CROSS-PRODUCT MASTER AGREEMENT 45 5.5
PRACTICAL APPLICATION 47 6. COMMERCIAL MARKET PARTICIPANTS 48 6.1
INTRODUCTION 48 6.2 THE MARCH 2001 PROPOSAL FOR A COLLATERAL DIRECTIVE
48 6.3 THE FINAL TEXT OF THE COLLATERAL DIRECTIVE 49 7. CENTRAL BANKS 53
7.1 INTRODUCTION 53 7.2 MONETARY REVERSE TRANSACTIONS 53 7.2.1 MONETARY
POLICY FRAMEWORK 53 7.2.2 THE CENTRAL ROLE OF REVERSE TRANSACTIONS 58
7.3 THE MANAGEMENT OF FOREIGN RESERVE ASSETS OF THE ECB 62 8. THE
COLLATERAL DIRECTIVE 64 8.1 INTRODUCTION 64 8.2 SCOPE OF THE COLLATERAL
DIRECTIVE 65 8.2.1 INTRODUCTION 65 8.2.2 FINANCIAL COLLATERAL 66 8.2.3
REQUIREMENTS 67 XII TABLE OF CONTENTS 8.2.4 MARKET PARTICIPANTS 69 8.2.5
INTERPRETATION OF THE COLLATERAL DIRECTIVE: TWO FUNCTIONS OF COLLATERAL
70 8.3 TITLE TRANSFERS: NO RECHARACTERISATION 71 8.4 SECURITY INTERESTS:
RIGHT OF USE 72 8.5 MARGIN TRANSFERS 74 8.6 SUBSTITUTION 76 8.7 MANNER
OF ENFORCEMENT 77 8.7.1 INTRODUCTION 77 8.7.2 SECURITY INTERESTS: A
LIBERAL ENFORCEMENT REGIME 78 8.7.3 TITLE TRANSFERS: CLOSE-OUT NETTING
81 8.8 INSOLVENCY LAW 82 8.8.1 INTRODUCTION 82 8.8.2 THE DECLARATION OF
INSOLVENCY HAS NO RETROACTIVE EFFECT 83 8.8.3 PROTECTION AFTER THE
DECLARATION OF INSOLVENCY 83 8.8.4 NO FREEZE PERIOD 84 8.8.5 THE
FAVOURABLE POSITION OF THE COLLATERAL TAKER 84 8.9 CONCLUSION 84 9.
IMPLEMENTATION OF THE COLLATERAL DIRECTIVE IN THE NETHERLANDS 86 9.1
INTRODUCTION 86 9.2 GENERAL REMARKS 87 9.2.1 SOME DEFINITIONS 87 9.2.2
SCOPE OF APPLICABILITY 87 9.3 TITLE TRANSFER AND RIGHT OF USE 88 9.3.1
TITLE TRANSFERS 88 9.3.2 RIGHT OF USE 89 9.4 ENFORCEMENT 89 9.4.1
ENFORCEMENT OF A RIGHT OF PLEDGE 89 9.4.2 CLOSE-OUT NETTING 90 9.4.3
INSOLVENCY LAW 90 III TRANSFER OF TITLE 93 1. INTRODUCTION 93 1.1
CONTENTS 93 1.2 TERMINOLOGY 94 1.3 CORE CHARACTERISTICS OF SECURITY
INTERESTS 97 2. TRANSFER OF TITLE: THE MARKET APPROACH 100 2.1
INTRODUCTION 100 2.2 THE APPROACH OF THE STANDARD DOCUMENTATION 100 2.3
REPOS UNDER DUTCH LAW 101 XNI TABLE OF CONTENTS 2.4 SECURITIES LENDING
UNDER DUTCH LAW 103 2.4.1 MARKET PRACTICE 103 2.4.2 A LOAN OF FUNGIBLES:
TRANSFER OF OWNERSHIP 107 2.5 THE DIFFERENT LEGAL STRUCTURES OF REPO AND
SECURITIES LENDING TRANSACTIONS 108 2.6 MARGIN ARRANGEMENTS 109 2.6.1
MARGIN TRANSFERS 109 2.6.2 REPRICING AND ADJUSTMENT 111 2.7 SUBSTITUTION
111 2.8 CONCLUSION: AN OUTRIGHT TRANSFER OF TITLE IS THE MARKET STANDARD
112 3. RECHARACTERISATION AS A SECURITY INTEREST? 112 3.1 INTRODUCTION
112 3.2 SECURITY INTERESTS IN THE NETHERLANDS AND GERMANY 115 3.2.1
INTRODUCTION 115 3.2.2 SECURITY INTERESTS UNDER THE OLD DUTCH CIVIL CODE
115 3.2.3 SECURITY INTERESTS UNDER THE GERMAN CIVIL CODE 119 3.2.4 THE
ABOLITION OF FIDUCIARY TRANSFERS OF TITLE IN THE NEW DUTCH CIVIL CODE
123 3.3 RECHARACTERISATION RISK: A FUNCTION-BASED APPROACH 125 3.3.1
INTRODUCTION 125 3.3.2 THE FUNCTIONS OF TITLE TRANSFERS AS OPPOSED TO
SECURITY INTERESTS 125 3.3.3 THE FUNCTIONS OF FINANCIAL COLLATERAL 131
3.3.4 CONCLUSION 134 3.4 THE SOGELEASE DECISION 135 3.4.1 THE CONTENTS
OF THE SOGELEASE DECISION 135 3.4.2 THE MERITS AND DEFICIENCIES OF THE
SOGELEASE DECISION 139 3.4.3 THE SOGELEASE DECISION AND REPO AND
SECURITIES LENDING AGREEMENTS 147 3.4.4 THE BTL LEASE DECISION 150 3.4.5
CONCLUSION 151 3.5 SUBSIDIARY RIGHT OF PLEDGE 152 3.6 ARTICLE 2A OF THE
STSA 154 3.6.1 INTRODUCTION 154 3.6.2 GENUINE REPOS ONLY 155 3.6.3
PURCHASED AND MARGIN SECURITIES 156 3.6.4 SECURITIES LENDING
TRANSACTIONS 157 3.6.5 OTHER COLLATERALISED TRANSACTIONS 158 3.6.6
HOLD-IN-CUSTODY TRANSACTIONS 159 XIV TABLE OFCONTENTS 3.6.7 THE
NETHERLANDS ANNEX TO GMRA 1995 AND GMRA 2000: DELETION OF THE SUBSIDIARY
RIGHT OF PLEDGE 159 3.6.8 CONCLUSION 160 3.7 THE COLLATERAL DIRECTIVE
160 3.7.1 ARTICLE 6 OF THE COLLATERAL DIRECTIVE 160 3.7.2 IMPLEMENTATION
IN THE NETHERLANDS 162 4. TEMPORARY TRANSFER OF TITLE? 164 4.1
INTRODUCTION 164 4.2 THE NON-APPLICABILITY OF ARTICLE 3:85 OF THE NCC
166 4.3 RECOVERY FUNCTION 168 4.4 INCOME PAYMENTS AND VOTING RIGHTS 169
4.5 THE COLLATERAL DIRECTIVE 170 4.6 CONCLUSION 170 5. CONCLUSION 171
5.1 MARKET STANDARD 171 5.2 RECHARACTERISATION AS A SECURITY INTEREST?
171 5.3 TEMPORARY TRANSFER OF TITLE? 173 IV RIGHT OF USE 175 1.
INTRODUCTION 175 1.1 INTRODUCTORY REMARKS 175 1.2 THE TITLE TRANSFER
METHOD 177 1.3 THE SECURITY INTEREST APPROACH 177 1.3.1 ARTICLE 5 OF THE
COLLATERAL DIRECTIVE 178 1.3.2 THE HORIZONTAL AND VERTICAL
RELATIONSHIPS 179 1.3.3 A RIGHT OF USE IN EUROPE - WHY? 181 1.4 OTHER
ISSUES 185 1.4.1 INCOME PAYMENTS AND VOTING RIGHTS 185 1.4.2 ACCOUNTING,
CAPITAL ADEQUACY, AND REGISTRATION BY CUSTODIANS 185 1.4.3 TAX 185 2.
RIGHT OF USE UNDER AMERICAN LAW 186 2.1 INTRODUCTION 186 2.2 IMPAIRING
REPLEDGE: THE MARGIN LENDING PRACTICE AND THE UCC 188 2.3 A SECURED
PARTY S GENERAL RIGHT OF DISPOSAL: THE SECURITIES LENDING AND
DERIVATIVES MARKETS 190 2.4 REMARKABLE CHARACTERISTICS 194 2.4.1
INTRODUCTION 194 2.4.2 NO EQUITY OF REDEMPTION 194 XV TABLE OFCONTENTS
2.4.3 DUTY OF REASONABLE CARE 195 2.4.4 RESIDUAL RIGHTS? 195 2.4.5 NO
INTEREST IN THE PROCEEDS 196 2.5 THE CHARACTERISATION ISSUE 197 2.6
CONCLUSION 198 3. RIGHT OF USE UNDER ENGLISH LAW 199 3.1 INTRODUCTION
199 3.2 PRIME BROKERAGE AND CUSTODY 200 3.2.1 INTRODUCTION 200 3.2.2
PRIME BROKERAGE 201 3.2.3 THE CLIENT - CUSTODIAN RELATIONSHIP 202 3.3
THE APPROACH OF THE STANDARD DOCUMENTATION 203 3.4 THEORETICAL
CONSIDERATIONS 203 3.4.1 INTRODUCTION 203 3.4.2 ONCE A MORTGAGE, ALWAYS
A MORTGAGE , AND THE EQUITY OF REDEMPTION 204 3.4.3 NO COLLATERAL
BENEFITS 206 3.4.4 RESIDUAL RIGHTS? 206 3.4.5 AN INTEREST IN PROCEEDS OR
EQUIVALENT ASSETS? 207 3.4.6 CONCLUDING REMARKS 208 3.5 ADDITIONAL
ARGUMENTS FOR CHANGE? 209 3.6 THE FINANCIAL COLLATERAL ARRANGEMENTS (NO.
2) REGULATIONS 2003 211 3.7 CONCLUSION 212 4. RIGHT OF USE UNDER DUTCH
(AND GERMAN) LAW 214 4.1 INTRODUCTION 214 4.1.1 MARKET PRACTICE BEFORE
THE COLLATERAL DIRECTIVE 214 4.1.2 A NEW CONSTRUCTION: A SECURITY
INTEREST COMBINED WITH A GENERAL RIGHT OF DISPOSAL 214 4.1.3 CONTENTS OF
SECTION 4 214 4.2 ENFORCEMENT 215 4.3 REPLEDGE 216 4.3.1 DUTCH LAW 216
4.3.2 GERMAN LAW 217 4.3.3 CONCLUSION 218 4.4 PERISHABLE GOODS 218 4.5 A
NON-OWNER S RIGHT OF DISPOSAL GRANTED ON A CONTRACTUAL BASIS 221 4.5.1
INTRODUCTION 221 4.5.2 SAELE ON COMMISSION 225 4.5.3 RESERVATION OF TITLE
ARRANGEMENTS 227 XVI TABLE OF CONTENTS 4.5.4 FIDUCIARY TRANSFER OF TITLE
229 4.5.5 A PLEDGEE S CONTRACTUALLY GRANTED GENERAL RIGHT OF DISPOSAL?
231 4.6 IRREGULAER STRUCTURES 235 4.6.1 INTRODUCTION 235 4.6.2 IRREGULAER
RIGHT OF PLEDGE 235 4.6.3 IRREGULAER RIGHT OF USUFRUCT 239 4.6.4 THE
MOMENT THAT OWNERSHIP PASSES: RESIDUAL RIGHTS FOR THE ORIGINAL OWNER?
246 4.6.5 TO WHOM DOES OWNERSHIP PASS? 250 4.7 PROPRIETARY SUBSTITUTION
251 4.7.1 INTRODUCTION 251 4.7.2 ARTICLE 5 OF THE COLLATERAL DIRECTIVE
252 4.7.3 PRACTICAL EFFECTS? 252 4.7.4 COMPATIBILITY WITH DUTCH PROPERTY
LAW? 253 4.7.5 ALTERNATIVES? 255 4.8 IMPLEMENTATION IN GERMANY AND THE
NETHERLANDS 256 4.9 CONCLUDING REMARKS 258 5. CONCLUSION 261 5.1
INTRODUCTORY REMARKS 261 5.2 THE SECURITY INTEREST APPROACH 262 5.2.1
GENERAL CONSIDERATIONS 262 5.2.2 UNITED STATES 263 5.2.3 EUROPE 263
5.2.4 VERTICAL RELATIONSHIPS 267 5.2.5 THEORY AND ITS MEANING IN
PRACTICE 268 5.2.6 FUTURE DEVELOPMENTS? 269 5.2.7 CONCLUSION 270 5.3 THE
TITLE TRANSFER APPROACH 270 5.4 OTHER ISSUES 271 5.5 CONCLUDING REMARKS
272 V ENFORCEMENT 275 1. INTRODUCTION 275 1.1 INTRODUCTORY REMARK 275
1.2 THE MANNER OF ENFORCEMENT 275 1.3 INSOLVENCY LAW 276 1.4 WHO
BENEFITS FROM THE ENFORCEMENT REGIME OF THE COLLATERAL DIRECTIVE? 277
XVII TABLE OF CONTENTS 2. THE LIBERAL ENFORCEMENT OF A SECURITY INTEREST
AND THE ABOLITION OF THE PROHIBITION OF APPROPRIATION 279 2.1
INTRODUCTION 279 2.2 THE ENFORCEMENT OF A SECURITY INTEREST WITHOUT
FORMAL REQUIREMENTS 279 2.2.1 THE TRADITIONAL APPROACH 279 2.2.2 THE
LIBERAL APPROACH OF THE COLLATERAL DIRECTIVE 283 2.2.3 IMPLEMENTATION IN
THE NETHERLANDS 285 2.3 NO PROHIBITION OF APPROPRIATION? 288 3.
CLOSE-OUT NETTING 290 3.1 INTRODUCTION 290 3.1.1 WHAT IS NETTING? 290
3.1.2 CLOSE-OUT NETTING UNDER GMRA AND GMSLA 291 3.1.3 THE APPROACH OF
THE COLLATERAL DIRECTIVE AND THE ROLE OF NATIONAL LAW 291 3.1.4 THE
APPROACH OF THE DUTCH LEGISLATOR 293 3.1.5 THE CONTENTS OF THIS SECTION
296 3.2 RECIPROCITY OR MUTUALITY 296 3.2.1 INTRODUCTION 296 3.2.2 A NOTE
ON TERMINOLOGY 296 3.2.3 DUTCH LAW 297 3.2.4 EUROPEAN PRINCIPLES OF
CONTRACT LAW 297 3.2.5 UNIDROIT PRINCIPLES 298 3.2.6 CONTRACTUAL
ARRANGEMENTS AND INSOLVENCY 298 3.2.7 THE COLLATERAL DIRECTIVE AND THE
ROLE OF NATIONAL LAW 299 3.3 SIMILARITY OR COMMENSURABILITY 299 3.3.1
INTRODUCTION 299 3.3.2 DUTCH LAW 300 3.3.3 EUROPEAN PRINCIPLES OF
CONTRACT LAW 300 3.3.4 UNIDROIT PRINCIPLES 301 3.3.5 CONTRACTUAL
ARRANGEMENTS AND INSOLVENCY 302 3.3.6 THE COLLATERAL DIRECTIVE AND THE
ROLE OF NATIONAL LAW 302 3.4 VOIDABLE PREFERENCE 303 3.5 MOMENT OF
VALUATION 304 3.5.1 INTRODUCTION 304 3.5.2 GMRA AND GMSLA 304 3.5.3
FIXATION PRINCIPLE 305 3.5.4 NETHERLANDS ANNEX TO GMRA 2000 306 3.5.5
ARTICLE 38 OF THE NBC 306 3.5.6 § 104 OF THE GERMAN INSOLVENCY STATUTE
308 XVIII TABLE OF CONTENTS 3.5.7 COMPARISON WITH PLEDGE LAW 311 3.5.8
CONCLUDING REMARK 311 3.6 CONCLUSION 312 4. THE DECLARATION OF
INSOLVENCY: NO RETROACTIVE EFFECT, ENFORCEABILITY OF LEGAL ACTS 313 4.1
STARTING POINT: RETROACTIVE EFFECT, NO ENFORCEABILITY OF LEGAL ACTS 313
4.2 THE DECLARATION OF INSOLVENCY HAS NO RETROACTIVE EFFECT 313 4.3
ENFORCEABILITY OF LEGAL ACTS AFTER THE DECLARATION OF INSOLVENCY 316
4.3.1 INTRODUCTION 316 4.3.2 GENERAL PRINCIPLE AND FOUR EXCEPTIONS 317
4.3.3 PROS AND CONS 322 5. FREEZE PERIOD 325 5.1 INTRODUCTION 325 5.2
THE DUTCH FREEZE PERIOD 326 5.3 THE SETTLEMENT FINALITY DIRECTIVE AND
THE COLLATERAL DIRECTIVE 328 5.4 THE SCOPE OF THE DUTCH FREEZE PERIOD
329 5.5 IMPLEMENTATION INTO DUTCH LAW 333 6. CONCLUSION 334 6.1
ENFORCEMENT 335 6.1.1 ENFORCEMENT OF A SECURITY INTEREST 335 6.1.2
CLOSE-OUT NETTING 336 6.2 INSOLVENCY LAW 337 6.2.1 THE DECLARATION OF
INSOLVENCY HAS NO RETROACTIVE EFFECT 337 6.2.2 ENFORCEABILITY OF LEGAL
ACTS AFTER THE DECLARATION OF INSOLVENCY 337 6.2.3 NO FREEZE PERIOD 338
VI CONCLUSION AND RECOMMENDATIONS 339 1. INTRODUCTION 339 1.1
INTRODUCTORY REMARKS 339 1.2 OVERVIEW OF CONSEQUENCES FOR PROPERTY AND
INSOLVENCY LAW 339 1.3 RESTRICTIVE OR EXTENSIVE INTERPRETATION? 340 1.4
RECOMMENDATIONS FOR CHANGE 340 2. THE CONSEQUENCES FOR PROPERTY AND
INSOLVENCY LAW 340 2.1 INTRODUCTION 340 2.2 PROPERTY LAW 341 XIX TABLE
OF CONTENTS 2.2.1 INTRODUCTION 341 2.2.2 CORE CHARACTERISTICS OF
SECURITY INTERESTS 341 2.2.3 TRANSFER OF TITLE 342 2.2.4 SECURITY
INTERESTS 344 2.2.5 CONCLUDING REMARK 349 2.3 INSOLVENCY LAW 349 2.3.1
THE DECLARATION OF INSOLVENCY HAS NO RETROACTIVE EFFECT 349 2.3.2
ENFORCEABILITY OF LEGAL ACTS AFTER THE DECLARATION OF INSOLVENCY 350
2.3.3 NO FREEZE PERIOD 350 2.4 WHO PAYS THE PRICE OF ENHANCED LIQUIDITY?
350 3. RESTRICTIVE OR EXTENSIVE SCOPE OF APPLICATION? 352 3.1
INTRODUCTION 352 3.2 MARKET PARTICIPANTS 353 3.3 FINANCAL PRODUCTS 356
3.3.1 INTRODUCTION 356 3.3.2 TRANSFER OF TITLE 356 3.3.3 RIGHT OF PLEDGE
358 3.3.4 THE DUAL FUNCTION REQUIREMENT 358 3.4 CONCLUSION 361 4.
RECOMMENDED CHANGES TO THE COLLATERAL DIRECTIVE AND THE SETTLEMENT
FINALITY DIRECTIVE 361 4.1 INTRODUCTION 361 4.2 LIMITATION TO MAJOR
MARKET PARTICIPANTS 362 4.3 THE ABOLITION OF OR AN AMENDMENT TO THE
RIGHT OF USE 363 4.4 CLOSE-OUT NETTING 363 4.5 NO ENFORCEABILITY OF
LEGAL ACTS AFTER THE DECLARATION OF INSOLVENCY 364 4.6 NO CHANGES
REQUIRED: RETROACTIVE EFFECT OF THE DECLARATION OF INSOLVENCY, FREEZE
PERIOD 364 SUMMARY 365 SAMENVATTING 369 APPENDIX I TEXT OF THE
SETTLEMENT FINALITY DIRECTIVE 373 APPENDIX II TEXT OF THE COLLATERAL
DIRECTIVE 383 BIBLIOGRAPHY 397 XX TABLE OF CONTENTS LEGISLATION,
GUIDELINES AND PRINCIPLES 417 LEGISLATIVE HISTORY OF THE COLLATERAL
DIRECTIVE 421 WEBSITES 423 SUBJECT INDEX 425 XXI
|
| any_adam_object | 1 |
| author | Keijser, Thomas 1972- |
| author_GND | (DE-588)131907115 |
| author_facet | Keijser, Thomas 1972- |
| author_role | aut |
| author_sort | Keijser, Thomas 1972- |
| author_variant | t k tk |
| building | Verbundindex |
| bvnumber | BV025452273 |
| classification_rvk | QK 660 |
| ctrlnum | (OCoLC)255536144 (DE-599)BVBBV025452273 |
| discipline | Wirtschaftswissenschaften |
| format | Thesis Book |
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| genre | (DE-588)4113937-9 Hochschulschrift gnd-content |
| genre_facet | Hochschulschrift |
| id | DE-604.BV025452273 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-09T22:34:30Z |
| institution | BVB |
| isbn | 9013036619 9041125566 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-020069017 |
| oclc_num | 255536144 |
| open_access_boolean | |
| owner | DE-11 DE-188 |
| owner_facet | DE-11 DE-188 |
| physical | XXIII, 430 S. |
| publishDate | 2006 |
| publishDateSearch | 2006 |
| publishDateSort | 2006 |
| publisher | Kluwer |
| record_format | marc |
| series | Series law of business and finance |
| series2 | Series law of business and finance |
| spelling | Keijser, Thomas 1972- Verfasser (DE-588)131907115 aut Financial collateral arrangements the European collateral directive considered from a property and insolvency law perspective by Thomas Rudolf Maria Pius Keijser Deventer Kluwer 2006 XXIII, 430 S. txt rdacontent n rdamedia nc rdacarrier Series law of business and finance 9 Nijmegen, Univ., Diss., 2006 Sicherungsgeschäft (DE-588)4054807-7 gnd rswk-swf Internationales Privatrecht (DE-588)4027446-9 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Internationales Privatrecht (DE-588)4027446-9 s Sicherungsgeschäft (DE-588)4054807-7 s DE-604 Series law of business and finance 9 (DE-604)BV025270361 9 GBV Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=020069017&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Keijser, Thomas 1972- Financial collateral arrangements the European collateral directive considered from a property and insolvency law perspective Series law of business and finance Sicherungsgeschäft (DE-588)4054807-7 gnd Internationales Privatrecht (DE-588)4027446-9 gnd |
| subject_GND | (DE-588)4054807-7 (DE-588)4027446-9 (DE-588)4113937-9 |
| title | Financial collateral arrangements the European collateral directive considered from a property and insolvency law perspective |
| title_auth | Financial collateral arrangements the European collateral directive considered from a property and insolvency law perspective |
| title_exact_search | Financial collateral arrangements the European collateral directive considered from a property and insolvency law perspective |
| title_full | Financial collateral arrangements the European collateral directive considered from a property and insolvency law perspective by Thomas Rudolf Maria Pius Keijser |
| title_fullStr | Financial collateral arrangements the European collateral directive considered from a property and insolvency law perspective by Thomas Rudolf Maria Pius Keijser |
| title_full_unstemmed | Financial collateral arrangements the European collateral directive considered from a property and insolvency law perspective by Thomas Rudolf Maria Pius Keijser |
| title_short | Financial collateral arrangements |
| title_sort | financial collateral arrangements the european collateral directive considered from a property and insolvency law perspective |
| title_sub | the European collateral directive considered from a property and insolvency law perspective |
| topic | Sicherungsgeschäft (DE-588)4054807-7 gnd Internationales Privatrecht (DE-588)4027446-9 gnd |
| topic_facet | Sicherungsgeschäft Internationales Privatrecht Hochschulschrift |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=020069017&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV025270361 |
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