Dalhuisen on transnational comparative, commercial, financial and trade law: Volume 2 Contract and movable property law
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1. Verfasser: | |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Oxford ; London ; New York ; New Delhi ; Sydney
Hart
2016
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Ausgabe: | Sixth edition |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | l, 756 Seiten |
ISBN: | 9781509907014 |
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245 | 1 | 0 | |a Dalhuisen on transnational comparative, commercial, financial and trade law |n Volume 2 |p Contract and movable property law |c Jan H. Dalhuisen |
250 | |a Sixth edition | ||
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adam_text | TABLE OF CONTENTS
TABLE OF CASES XIX
TABLE OF LEGISLATION AND RELATED INSTRUMENTS XXVII
CHAPTER 1: TRANSNATIONAL CONTRACT LAW 1
PART I GENERAL
1.1 INTRODUCTION 1
1.1.1 MODERN CONTRACT LAW: NATURE OF THE PARTIES OR
TYPE OF CONTRACT? THE LAW BETWEEN PROFESSIONALS 1
1.1.2 THE EFFECT OF GLOBALISATION. TRANSNATIONALISATION
OF THE LAW CONCERNING PROFESSIONAL DEALINGS 6
1.1.3 CONTENT AND COVERAGE OF THIS CHAPTER. FORMAL
TRANSNATIONALISATION EFFORTS 12
1.1.4 MODERN CONTRACT LAW. WILL THEORIES AND THE
INTENTIONAL AND NON-INTENTIONAL ASPECTS OF CONTRACT.
MEANING OF PARTY AUTONOMY 14
1.1.5 THE FORMATION AND OPERATION OF THE PROFESSIONAL
CONTRACT TRANSNATIONALLY 19
1.1.6 A NEW MODEL OF CONTRACT LAW AMONG PROFESSIONALS?
MODERN CONTRACT THEORY 23
1.1.7 MODERN CONTRACT THEORY AND THE NORMATIVE
INTERPRETATION TECHNIQUE IN CIVIL LAW 28
1.1.8 THE CONTRIBUTION OF LAW AND ECONOMICS 32
1.1.9 THE CHALLENGE OF E-COMMERCE 34
1.2 FORMATION OF CONTRACTS IN CIVIL AND COMMON LAW 36
1.2.1 THE DEVELOPMENT OF CONTRACT LAW AND THE
ROLE OF PARTIES INTENT IN CIVIL LAW. THE NOTION
OF CONSENSUS AS THE BASIS FOR CONTRACT VALIDITY 36
1.2.2 THE NOTIONS OF CONSIDERATION, EXCHANGE OR BARGAIN
IN THE COMMON LAW OF CONTRACT. MEANING OF INTENT,
OFFER AND ACCEPTANCE 40
1.2.3 THE DEVELOPMENT OF THE CONSIDERATION NOTION
IN COMMON LAW. THE MODERN ALTERNATIVE OF
DETRIMENTAL RELIANCE 44
1.2.4 CONTRACTS: CONSTRUCTION AND REMEDIES IN CIVIL
AND COMMON LAW. THE PAROL EVIDENCE RULE 48
1.2.5 THE PRACTICAL SIGNIFICANCE OF THE CONSIDERATION
REQUIREMENT IN COMMON LAW 51
VIII TABLE OF CONTENTS
1.2.6 THE COMMON LAW NOTION OF CONSIDERATION AND
THE CIVIL LAW NOTION OF CAUSA COMPARED 53
1.2.7 OTHER ASPECTS OF CONTRACTUAL VALIDITY:
CAPACITY AND AUTHORITY 56
1.2.8 OTHER ASPECTS OF CONTRACTUAL VALIDITY: FORMALITIES 57
1.2.9 OTHER ASPECTS OF CONTRACTUAL VALIDITY: DEFINITENESS 59
1.3 THE NORMATIVE INTERPRETATION TECHNIQUE IN PRACTICE:
THE CIVIL LAW NOTION OF GOOD FAITH, THE COMMON LAW
ALTERNATIVES, AND THE ROLE OF OTHER SOURCES OF PRIVATE LAW 60
1.3.1 THE MODERN NORMATIVE APPROACH AND THE CONCEPT OF
DYNAMIC CONTRACT LAW 60
1.3.2 ROMAN LAW, LUS COMMUNE, NINETEENTH-CENTURY THINKING,
AND THE MODERN REVIVAL OF MULTIPLE SOURCES OF CONTRACT
LAW IN CIVIL LAW BEHIND THE GOOD FAITH NOTION 64
1.3.3 INTERPRETATION AND THE NOTION OF GOOD FAITH IN CIVIL LAW 67
1.3.4 GOOD FAITH AS A MULTIFACETED NOTION IN CIVIL LAW 70
1.3.5 INSTITUTIONAL ASPECTS OF THE OPERATION OF THE NOTION OF
GOOD FAITH IN CIVIL LAW 76
1.3.6 GOOD FAITH, LEGAL POSITIVISM AND SYSTEM THINKING IN THE
CODIFICATION MANNER. THE BRIDGE TO THE COMMON LAW AND
THE CONNECT WITH THE TRANSNATIONALISATION PROCESS OF
PRIVATE LAW IN THE PROFESSIONAL SPHERE 78
1.3.7 GOOD FAITH IN COMMON LAW. ALTERNATIVES.
EQUITY DISTINGUISHED 82
1.3.8 EU NOTION OF GOOD FAITH 86
1.3.9 GOOD FAITH AND SOURCES OF CONTRACT LAW IN THE
CISG, UNIDROIT AND EUROPEAN CONTRACT PRINCIPLES.
THE DCFR 87
1.3.10 WHEN IS GOOD FAITH A MANDATORY CONCEPT? 89
1.3.11 PRACTICAL EFFECTS OF GOOD FAITH OR NORMATIVE THINKING:
THE NATURE OF PRE-CONTRACTUAL INFORMATION AND
DISCLOSURE DUTIES, MEANING OF CONSENSUS, MISTAKE,
MISREPRESENTATION AND GROSS DISPARITY 92
1.3.12 PRACTICAL EFFECTS OF GOOD FAITH OR NORMATIVE THINKING:
PRE-CONTRACTUAL NEGOTIATION DUTIES, CONTRACTUAL
CO-OPERATION DUTIES, AND ABUSE OF CONTRACTUAL RIGHTS 95
1.3.13 PRACTICAL EFFECTS OF GOOD FAITH OR NORMATIVE THINKING:
THE STATUS OF COMMERCIAL LETTERS OF INTENT. BEST AND
REASONABLE ENDEAVOUR CLAUSES 98
1.3.14 THE PRACTICAL EFFECTS OF GOOD FAITH OR NORMATIVE
THINKING: FORCE MAJEURE AND CHANGE OF CIRCUMSTANCES
IN PROFESSIONAL DEALINGS 99
1.4 PERFORMANCE OF THE CONTRACT, DEFENCES, DEFAULT, EXCUSES,
TERMINATION 101
1.4.1 PERFORMANCE IN KIND/SPECIFIC PERFORMANCE 101
TABLE OF CONTENTS IX
1.4.2 LACK OF CONSENSUS IN CIVIL LAW AND DEFENCES TO
PERFORMANCE IN COMMON LAW: INVALIDITY AND RESCISSION 105
1.4.3 EXCUSES OF PERFORMANCE AND THE MEANING OF CONDITIONS
AND WARRANTIES, COVENANTS AND REPRESENTATIONS 110
1.4.4 DEFAULT OR BREACH AND DAMAGES 114
1.4.5 THE EXCUSES OF FORCE MAJEURE AND CHANGE OF
CIRCUMSTANCES 117
1.4.6 CHANGE OF CIRCUMSTANCES, FRUSTRATION AND
ECONOMIC IMPOSSIBILITY. DEVELOPMENT IN CIVIL
AND COMMON LAW 120
1.4.7 UNFORESEEN CIRCUMSTANCES AND THE BALANCE OF THE
CONTRACT: HARDSHIP AND RENEGOTIATION DUTIES 122
1.4.8 MODERN LEGISLATIVE APPROACHES TO A CHANGE IN
CIRCUMSTANCES 127
1.4.9 CONTRACTUAL HARDSHIP CLAUSES 130
1.5 PRIVITY OF CONTRACT 131
1.5.1 PRIVITY OF CONTRACT OR THIRD-PARTY RIGHTS AND
DUTIES UNDER A CONTRACT 131
1.5.2 DEVELOPMENT OF CONTRACTUAL THIRD-PARTY RIGHTS
AND DUTIES IN CIVIL LAW 139
1.5.3 THE SITUATION IN COMMON LAW AND THE
DEVELOPMENTS IN THE US AND ENGLAND 141
1.6 THE UNIDROIT AND EUROPEAN PRINCIPLES OF CONTRACT LAW.
THE VIENNA CONVENTION AND UCC COMPARED. THE DRAFT
COMMON FRAME OF REFERENCE IN THE EU AND THE DRAFT EU
REGULATION ON A COMMON EUROPEAN SALES LAW 144
1.6.1 UNIFICATION OF CONTRACT LAW. ACADEMIC TEXTS AND
THE EU ACTIVITY IN THIS AREA 144
1.6.2 THE UNITARY CODIFICATION APPROACH 149
1.6.3 THE UNIDROIT PRINCIPLES FOR INTERNATIONAL
COMMERCIAL CONTRACTS 152
1.6.4 THE PRINCIPLES OF EUROPEAN CONTRACT LAW 157
1.6.5 THE DRAFT COMMON FRAME OF REFERENCE 160
1.6.6 INTERPRETATION AND SUPPLEMENTATION IN THE PRINCIPLES
AND THE DCFR. SOURCES OF COMMERCIAL AND FINANCIAL
LAW, HIERARCHY, AND LEX MERCATORIA COMPARED 164
1.6.7 APPROACH TO CONTRACT FORMATION: CONSENSUS,
RELIANCE, AND EXCHANGE NOTIONS, CAPACITY,
FORMALITIES AND SPECIFICITY 167
1.6.8 DEFENCES. THE QUESTION OF CONTINUED VALIDITY
OF THE CONTRACT 170
1.6.9 PERFORMANCE, BREACH AND EXCUSES 172
1.6.10 PRIVITY OF CONTRACT 174
1.6.11 THE NATURE AND IMPACT OF THE PECL AND DCFR 174
TABLE OF CONTENTS
1.6.12 THE 2011 PROJECT OF THE EXPERT GROUP ON EUROPEAN
CONTRACT LAW
175
1.6.13 THE 2011 EU DRAFT REGULATION ON A COMMON EUROPEAN
SALES LAW (CESL) 178
PART II CONTRACTS FOR THE INTERNATIONAL SALE OF GOODS
2.1 THE MAIN ASPECTS OF THE INTERNATIONAL SALE OF GOODS 183
2.1.1 INTRODUCTION 183
2.1.2 THE MINIMUM REQUIREMENTS OF THE SALES AGREEMENT:
SPECIAL FEATURES AND RISKS OF INTERNATIONAL SALES 187
2.1.3 LEGAL RISK IN INTERNATIONAL SALES 190
2.1.4 SPECIAL ARRANGEMENTS TO COVER THE RISKS OF
INTERNATIONAL SALES 194
2.1.5 INTERNATIONAL SALES AS CONTRACTS BETWEEN PROFESSIONALS.
EFFECT ON THE APPLICABLE LAW 196
2.1.6 CURRENCY AND PAYMENTS IN INTERNATIONAL SALES:
FREE CONVERTIBILITY AND TRANSFERABILITY OF MONEY 199
2.1.7 THE TRANSFER OF TITLE IN INTERNATIONAL SALES.
FINALITY ISSUES 200
2.1.8 CONFORM DELIVERY AND THE PASSING OF RISK IN
INTERNATIONAL SALES 202
2.1.9 THE PASSING OF RISK IN THE SALE OF GOODS IN
CIVIL AND COMMON LAW 206
2.1.10 PROPRIETARY SALES PRICE PROTECTION IN CIVIL AND
COMMON LAW 211
2.1.11 THE RETENTION RIGHT OF THE SELLER 216
2.1.12 ALTERNATIVES TO THE RECLAIMING RIGHTS IN
INTERNATIONAL SALES. THE LETTER OF CREDIT 218
2.2 ANCILLARY ARRANGEMENTS IN INTERNATIONAL SALES.
THE ROLE OF INTERMEDIARIES AND DOCUMENTS 219
2.2.1 THE SAFE HARBOUR FUNCTION: AGENTS AND
DOCUMENTS OF TITLE 219
2.2.2 THE USE OF AGENTS: THEIR POSITION 221
2.2.3 THE USE OF NEGOTIABLE DOCUMENTS OF TITLE IN
INTERNATIONAL SALES: BILLS OF LADING AND
WAREHOUSE RECEIPTS 222
2.2.4 DOCUMENTS OF TITLE IN PAYMENT SCHEMES IN
INTERNATIONAL SALES 223
2.2.5 THE USE OF NEGOTIABLE INSTRUMENTS IN
INTERNATIONAL SALES: BILLS OF EXCHANGE 224
2.3 THE UNIFORM INTERNATIONAL SALES LAWS. THE VIENNA
CONVENTION OR CISG 226
2.3.1 ORIGIN AND SCOPE 226
2.3.2 THE COVERAGE OF THE VIENNA CONVENTION 229
TABLE OF CONTENTS XI
2.3.3 THE SYSTEM OF THE VIENNA CONVENTION:
DIRECTORY OR MANDATORY RULES? 232
2.3.4 APPLICABILITY OF THE VIENNA CONVENTION 233
2.3.5 THE SALES LAW OF THE VIENNA CONVENTION. FORMATION 235
2.3.6 THE SALES LAW OF THE VIENNA CONVENTION. SUBSTANCE,
DEFAULT AND REMEDIES 236
2.3.7 SUPPLEMENTATION AND INTERPRETATION OF THE
VIENNA CONVENTION 241
2.3.8 THE INTERPRETATION OF INTERNATIONAL SALES CONTRACTS
UNDER THE VIENNA CONVENTION: MEANING OF CONDUCT
AND CUSTOM IN TERMS OF CONTRACT INTERPRETATION 249
2.3.9 SUPPLEMENTATION OF THE VIENNA CONVENTION: PRIVATE
INTERNATIONAL LAW AND THE EU REGULATION ON THE LAW
APPLICABLE TO CONTRACTUAL OBLIGATIONS 251
2.3.10 THE MAIN RULES OF THE 2008 EU REGULATION ON THE
LAW APPLICABLE TO CONTRACTUAL OBLIGATIONS 254
2.3.11 THE VIENNA CONVENTION AND THE DIFFERENT TRADE
TERMS IN INTERNATIONAL SALES 259
2.3.12 INCOTERMS: THEIR STATUS AND RELATION TO THE
UCC AND VIENNA CONVENTION 262
2.3.13 THE VIENNA CONVENTION AND THE ICC MODEL
INTERNATIONAL SALE CONTRACT. THE 2004 PRINCIPLES
OF EUROPEAN LAW: SALES 264
2.3.14 THE LAW MERCHANT CONCERNING INTERNATIONAL SALES 265
2.3.15 THE EU EFFORTS IN THE AREA OF THE LAW CONCERNING
THE SALE OF GOODS 267
PART HI CONTRACTUAL AGENCY
3.1 THE GENERAL NOTION OF AGENCY 269
3.1.1 THE USE OF AGENTS: THEIR POSITION 269
3.1.2 THE ROLE OF THE AGENT: EXPLICIT AND APPARENT AUTHORITY 273
3.1.3 THE NOTION OF INDEPENDENCE, APPARENT AUTHORITY
AND AGENCIES OF NECESSITY 276
3.1.4 THE CONSEQUENCES OF AGENCY: CONFLICTS OF INTERESTS,
RIGHTS AND DUTIES OF THE AGENT 279
3.1.5 UNDISCLOSED AND INDIRECT AGENCIES. TRUSTS AS AN
ALTERNATIVE IN COMMON LAW 281
3.1.6 THE CIVIL LAW INDIRECT AGENCY. THE RELATIONSHIP
BETWEEN PRINCIPAL AND THIRD PARTY. CUSTOMERS ASSETS 283
3.1.7 THE ECONOMIC IMPORTANCE OF MODERN AGENCY 287
3.2 INTERNATIONAL ASPECTS OF AGENCY 288
3.2.1 PRIVATE INTERNATIONAL LAW ASPECTS OF AGENCY 288
3.2.2 TREATY LAW CONCERNING THE LAW APPLICABLE TO AGENCY 290
3.2.3 THE LEX MERCATORIA AND AGENCY 293
3.2.4 THE EU COMMERCIAL AGENTS DIRECTIVE 294
XII TABLE OF CONTENTS
CHAPTER 2: TRANSNATIONAL MOVABLE PROPERTY LAW 297
PART I OWNERSHIP, POSSESSION AND LIMITED, FUTURE, CONDITIONAL OR
TEMPORARY PROPRIETARY RIGHTS IN CHATTELS AND INTANGIBLE ASSETS
1.1 INTRODUCTION 297
1.1.1 THE NOTION OF PROPERTY LAW 297
1.1.2 THE DIFFERENCE BETWEEN CONTRACTUAL AND
PROPRIETARY RIGHTS 302
1.1.3 PROPRIETARY RIGHTS AND THE ROLE OF PUBLICITY.
PRIOR KNOWLEDGE IN THE TRANSFEREE DISTINGUISHED 306
1.1.4 PROPRIETARY RIGHTS AS RISK MANAGEMENT TOOLS.
THE LIQUIDITY OF ASSETS AND THE FINALITY OF TRANSACTIONS.
TRANSFERABILITY OF CONTRACTS 311
1.1.5 TYPES OF ASSETS. CLAIMS 314
1.1.6 TYPES OF MOVABLE ASSETS AND THE REQUIREMENT OF
ECONOMIC VALUE AND COMMERCIABILITY. NOTIONS OF
IDENTITY, SPECIFICITY AND DEFINITENESS AND THEIR
INHERENT CONSTRAINTS 318
1.1.7 ASSETS AS CLASSES IDENTIFIED THROUGH MERE
DESCRIPTION AND THE PROPRIETARY STATUS OF
REPLACEMENT ASSETS 323
1.1.8 IMPORTANCE OF THE LAW OF CHATTELS AND INTANGIBLES
IN CIVIL AND COMMON LAW. ITS DEVELOPMENT
ALONGSIDE LAND LAW 326
1.1.9 THE TRADITIONAL PHYSICAL AND ANTHROPOMORPHIC
APPROACH TO PROPERTY RIGHTS. MODERN PERCEPTIONS 330
1.1.10 THE NEED FOR NEW FINANCIAL STRUCTURES AND THEIR
EFFECT ON MODERN PROPERTY LAW 332
1.1.11 COMPARATIVE LAW, TRANSNATIONALISATION AND THE DCFR 337
1.1.12 THE APPROACH AND ORGANISATION OF THIS CHAPTER 340
1.2 THE TYPES OF PROPRIETARY RIGHTS IN CIVIL LAW 341
1.2.1 THE DIFFERENCE BETWEEN PROPRIETARY AND
OBLIGATORY RIGHTS IN CIVIL LAW 341
1.2.2 NATURE AND STRUCTURE OF PROPRIETARY RIGHTS AND
THEIR SPECIAL MANNER OF PROTECTION IN CIVIL LAW.
THE NUNTERUS CLAUSUS NOTION 343
1.2.3 THE TRADITIONAL PROPRIETARY RIGHTS IN CIVIL LAW
AND THE WAY THEY ARE HELD. COMMON LAW COMPARED 348
1.2.4 THE WAY PROPRIETARY RIGHTS ARE PROTECTED IN CIVIL LAW 352
1.2.5 THE ACQUISITIVE PRESCRIPTION AND ITS IMPORTANCE IN
CIVIL LAW. DIFFERENCE FROM THE PROTECTION OF
BONA FIDE PURCHASERS 357
1.2.6 CIVIL LAW PROPRIETARY DEFENCES IN BANKRUPTCY 359
1.2.7 THE CIVIL LAW RELATIVITY OR PRIORITY PRINCIPLE IN
RESPECT OF PROPRIETARY RIGHTS: THE DIFFERENCE
FROM THE RELATIVITY OF OBLIGATORY RIGHTS 362
TABLE OF CONTENTS XIII
1.3 THE TYPES OF PROPRIETARY RIGHTS IN COMMON LAW:
THE PRACTICAL DIFFERENCES FROM CIVIL LAW MODERN
FUNCTIONAL THEORIES 364
1.3.1 LEGAL AND EQUITABLE INTERESTS IN CHATTELS 364
1.3.2 OWNERSHIP AND POSSESSION OF CHATTELS IN COMMON LAW 368
1.3.3 EQUITABLE PROPRIETARY INTERESTS IN CHATTELS 371
1.3.4 THE COMMON LAW SYSTEM OF PROPRIETARY DEFENCES:
TORT ACTIONS BASED ON BETTER RATHER THAN ABSOLUTE RIGHTS 373
1.3.5 CONSTRUCTIVE POSSESSION AND DELIVERY IN COMMON LAW.
THE ABSENCE OF ACQUISITIVE PRESCRIPTION. STATUTES
OF LIMITATION 377
1.3.6 THE SITUATION IN BANKRUPTCY 378
1.3.7 PRACTICAL DIFFERENCES BETWEEN THE COMMON AND
CIVIL LAW APPROACHES TO PROPRIETARY RIGHTS IN CHATTELS 380
1.3.8 APPROXIMATION OF THE COMMON AND CIVIL LAW SYSTEMS
OF PROPRIETARY LAW IN CHATTELS. GENERAL EMPHASIS ON
USER, ENJOYMENT AND INCOME RIGHTS. THE UNIFYING
IMPACT OF MODERN FINANCIAL STRUCTURES AND THE
REQUIREMENTS OF MODERN RISK MANAGEMENT.
THE NEED FOR AND EFFECT OF LEGAL TRANSNATIONALISATION 381
1.3.9 VIRTUES AND PITFALLS OF THE NUMERUS CLAUSUS
NOTION. MODERN FUNCTIONAL APPROACHES 386
1.3.10 THE EFFECTS OF GLOBALISATION AND TRANSNATIONALISATION
ON THE LAW OF MOVABLE PROPERTY. THE QUESTION OF THE
PUBLIC INTEREST AND ITS REPRESENTATION AT THE
TRANSNATIONAL LEVEL 392
1.4 TRANSFER OF PROPRIETARY RIGHTS IN CHATTELS IN CIVIL AND
COMMON LAW 397
1.4.1 THE LEGAL REQUIREMENTS FOR THE TRANSFER OF CHATTELS 397
1.4.2 THE FORMALITIES OF A SALE: CONTRACT OR DELIVERY
(PHYSICALLY OR CONSTRUCTIVELY); DOUBLE SALES;
THE REAL OR PROPRIETARY AGREEMENT IN CIVIL LAW 400
1.4.3 THE IMPORTANCE OF IDENTIFICATION. EFFECT ON THE
TRANSFER. SALES OF FUTURE ASSETS, BULK TRANSFERS
AND DE FACTO TRANSFERS OF TITLE 405
1.4.4 THE DEVELOPMENT OF THE RULES CONCERNING
DELIVERY AS A FORMAL REQUIREMENT OF TITLE
TRANSFER IN CIVIL AND COMMON LAW 408
1.4.5 LEGAL CAPACITY AND DISPOSITION RIGHT. CAUSES
OF CONTRACTUAL INVALIDITY. EFFECT ON THE TITLE TRANSFER.
FUTURE, CONDITIONAL AND TEMPORARY SALES 411
1.4.6 THE TRANSFER AGREEMENT: THE ABSTRACT AND CAUSAL
SYSTEM OF OWNERSHIP TRANSFER. THE FINALITY ISSUE 415
1.4.7 THE ORIGIN OF THE ABSTRACT AND CAUSAL VIEWS OF
TITLE TRANSFER 422
XIV TABLE OF CONTENTS
1.4.8 DISPOSITION RIGHTS AND THEIR FAILURE: THE NEMO DAT
RULE AND THE PROTECTION OF BONA FIDE PURCHASERS.
ITS CONTRIBUTION TO FINALITY 428
1.4.9 ON THE ORIGIN OF THE NEMO DAT RULE AND THE
PRINCIPLE OF BONA FIDE PURCHASER PROTECTION 432
1.4.10 THE RETENTION RIGHT OF THE SELLER IN THE CASE OF
DEFAULT OF THE BUYER 438
1.5 PROPRIETARY RIGHTS IN INTANGIBLE ASSETS IN CIVIL AND
COMMON LAW 442
1.5.1 ASSET STATUS OF INTANGIBLES. PROPRIETARY RIGHTS IN
INTANGIBLE ASSETS AND THE POSSIBILITY AND METHOD OF
THEIR TRANSFER 442
1.5.2 ASSIGNMENTS, CONDITIONS AND THE MEANING OF NOTIFICATION
OF THE DEBTOR. BULK ASSIGNMENTS. THE SITUATION IN
DOUBLE ASSIGNMENTS. CIVIL LAW DEVELOPMENTS 444
1.5.3 THE DEVELOPMENT IN COMMON LAW. EQUITABLE
ASSIGNMENTS AND BULK TRANSFERS 450
1.5.4 ASSIGNMENT OF RIGHTS AND DELEGATION OF DUTIES.
THE ISSUE OF SEVERABILITY AND THE TRANSFERABILITY OF
ENTIRE CONTRACTS. THE DEBTOR S DEFENCES 454
1.5.5 THE STATUS OF CLOSELY RELATED RIGHTS AND DUTIES AND
THE IMPACT OF CONTRACTUAL RESTRICTIONS ON THE TRANSFER.
AMENDMENT OF THE UNDERLYING CONTRACT 456
1.5.6 THE ASSIGNABILITY OF FUTURE CLAIMS 461
1.5.7 ASSIGNMENT, NOVATION, AMENDMENT, SUBROGATION
AND SUBCONTRACTING 465
1.5.8 DIFFERENT TYPES AND OBJECTIVES OF ASSIGNMENTS 468
1.5.9 THE BETTER RIGHT OF THE ASSIGNEE. THE NOTION OF
ABSTRACTION, INDEPENDENCE AND FINALITY. COMPARISON
WITH NEGOTIABLE INSTRUMENTS 472
1.5.10 THE NOTION OF ABSTRACTION OR INDEPENDENCE AND
THE LIBERATING EFFECT OF PAYMENT BY THE DEBTOR 475
1.5.11 THE RANKING BETWEEN ASSIGNEES, THE NEMO DAT
RULE IN ASSIGNMENTS 478
1.5.12 CONTRACTUAL AND PROPRIETARY ASPECTS OF ASSIGNMENTS.
MANDATORY RULES. APPLICABLE LAW AND PARTY AUTONOMY 481
1.5.13 SPECIAL ASSIGNMENT ISSUES: WARRANTIES, CONDITIONS
AND DEFAULT 483
1.5.14 BANKRUPTCY ASPECTS OF ASSIGNMENTS. RECOURSE AND
NON-RECOURSE FINANCING 484
1.5.15 UNIFORM TREATY RULES CONCERNING ASSIGNMENTS? 488
1.6 TRUSTS. CONSTRUCTIVE AND RESULTING TRUSTS, TRACKING AND
TRACING. AGENCY. THE CIVIL LAW RESPONSE 490
1.6.1 BASIC FEATURES OF THE COMMON LAW OF TRUST 490
TABLE OF CONTENTS XV
1.6.2 DEFINITIONAL ISSUES, FIDUCIARY DUTIES AND
COURT INTERVENTION 496
1.6.3 THE PRACTICAL SIGNIFICANCE OF TRUSTS IN COMMON
LAW COUNTRIES 499
1.6.4 CONSTRUCTIVE TRUSTS, TRACING AND TRACKING, RESULTING
TRUSTS, STATUTORY TRUSTS AND CHARITABLE TRUSTS 501
1.6.5 TRUST AND AGENCY. TRUST AND BAILMENT 503
1.6.6 RELATED CIVIL LAW STRUCTURES 505
1.6.7 PRIVATE INTERNATIONAL TREATY LAW AND TRUST LAW PRINCIPLES 508
1.7 SECURED TRANSACTIONS AND CONDITIONAL OR FINANCE SALES.
FLOATING CHARGES 511
1.7.1 THE IMPORTANCE OF CONDITIONAL SALES IN FINANCE AND
THE DIFFERENCE FROM SECURED TRANSACTIONS 511
1.7.2 WHAT ARE SALE AND REPURCHASE AGREEMENTS OR
FINANCE SALES? THE CHARACTERISATION ISSUE.
PROPERTY-BASED AND SECURITY-BASED FUNDING 512
1.7.3 THE EVOLUTION OF CONDITIONAL AND TEMPORARY
TRANSFERS IN CIVIL AND COMMON LAW 516
1.7.4 WHEN ARE FINANCE SALES CONVERTED INTO SECURED
TRANSACTIONS? THE RE-CHARACTERISATION ISSUE 519
1.7.5 THE OPERATION OF FINANCE SALES. EFFECT OF THE
CONDITIONALITY OF THE TRANSFER. PROPRIETARY EFFECT OF
CONDITIONS. DUALITY OF OWNERSHIP AND OF POSSESSION
IN CIVIL LAW. OPENNESS OF PROPRIETARY SYSTEMS? 525
1.7.6 EXAMPLES OF FINANCE SALES: FINANCE LEASES, REPOS
AND FACTORING. FINANCE SALES AS EXECUTORY CONTRACTS,
CHERRY PICKING AND NETTING 528
1.7.7 THE OUTWARD SIGNS OF SECURITY INTERESTS AND
OWNERSHIP-BASED FUNDING. POSSESSION OR FILING 531
1.7.8 ATTACHMENT AND PERFECTION OF SECURITY INTERESTS IN
MOVABLE PROPERTY UNDER THE UCC IN THE US.
MEANING AND WEAKNESSES OF THE FILING SYSTEM 537
1.7.9 FLOATING CHARGES IN COMMON AND CIVIL LAW. EXTENDED
RESERVATIONS OF TITLE. THE CONCEPTS OF BULK TRANSFERS,
ASSET SUBSTITUTION AND TRACING AND THE INCLUSION OF
FUTURE ASSETS. THE FACILITY TO SELL GOODS FREE AND CLEAR 539
1.7.10 UNIFORM SECURITY LAW AND PRINCIPLES OF SECURITY LAWS 542
1.8 PRIVATE INTERNATIONAL LAW ASPECTS OF CHATTELS 542
1.8.1 WHEN CONFLICTS ARISE 542
1.8.2 THE APPLICATION OF THE LEX SITUS AND THE CONCEPT OF
TRANSNATIONALISATION 547
1.8.3 THE NOTIONS OF EQUIVALENCE AND ADAPTATION;
TEMPORARY AND CONDITIONAL OWNERSHIP, SECURITY
INTERESTS, AND RETENTION RIGHTS 554
1.8.4 TRUSTS: THE 1985 HAGUE CONVENTION ON THE LAW
APPLICABLE TO TRUSTS AND THEIR RECOGNITION 557
XVI TABLE OF CONTENTS
1.8.5 THE DETAILS OF THE TRUST CONVENTION 560
1.8.6 UNIFORM LAWS CONCERNING THE PROPRIETARY
ASPECTS OF CHATTELS 563
1.8.7 THE MODERN LEX MERCATORIA CONCERNING CHATTELS.
EARLIER APPROACHES IN THE LAW OF ADMIRALTY:
THE MARITIME LIEN 564
1.9 PRIVATE INTERNATIONAL LAW ASPECTS OF ASSIGNMENTS 565
1.9.1 CONFLICT OF LAWS ISSUES IN RESPECT OF MONETARY CLAIMS.
THE SPECIAL PROBLEMS WITH BULK ASSIGNMENTS 565
1.9.2 TERMINOLOGY AND CHARACTERISATION ISSUES 572
1.9.3 MANDATORY PROPRIETARY LAWS RELATING TO ASSIGNMENTS.
THE SITUS ISSUE 574
1.9.4 CURRENT APPROACHES TO CHOICE OF LAWS ISSUES
IN ASSIGNMENTS: DIFFERENT VIEWS OF THE LEGAL SITUS
OF DEBTS 576
1.9.5 EU REGULATION AND TREATY LAW APPROACHES TO THE LAW
APPLICABLE TO ASSIGNMENTS: THE CHOICE OF LAW PROVISION
OF ARTICLE 14 OF THE EU REGULATION AND THE UNIFORM
UNCITRAL CONVENTION ON THE ASSIGNMENT OF
RECEIVABLES IN INTERNATIONAL TRADE 582
1.9.6 THE LEX MERCATORIA CONCERNING BULK ASSIGNMENTS 585
1.10 THE MODERN LAW OF CHATTELS AND INTANGIBLES 586
1.10.1 TRADITIONAL AND NEW APPROACHES 586
1.10.2 THE MODERN STRUCTURE OF PROPRIETARY RIGHTS AS
PROMOTED BY INTERNATIONAL COMMERCE AND FINANCE.
TRANSNATIONALISATION 593
1.10.3 PAUCITY OF MODERN PROPERTY THEORY 601
1.11 THE EUROPEAN DRAFT COMMON FRAME OF REFERENCE 611
1.11.1 INTRODUCTION 611
1.11.2 CHATTELS AND THEIR TRANSFER. THE PROBLEM OF
PHYSICAL POSSESSION 615
1.11.3 INTANGIBLE ASSETS AND THEIR ASSIGNMENT.
THE PROBLEM OF ASSET STATUS 617
1.11.4 SECURITY INTERESTS. TREATMENT OF RESERVATION OF TITLE,
FINANCE SALES AND FLOATING CHARGES 619
1.11.5 TRUSTS. THE QUESTION OF SYSTEMIC INTEGRATION 621
1.11.6 CERTAINTY, FINALITY AND PREDICTABILITY 621
1.12 UNIFORM OR HARMONISED STATUTORY OR TREATY LAW.
THE ALTERNATIVE OF TRANSNATIONALISATION AND THE NEED
FOR AND EMERGENCE OF A DYNAMIC MOVABLE PROPERTY LAW 623
1.12.1 CONSUMERS AND PROFESSIONALS 623
1.12.2 DIFFERENT SOURCES OF LAW IN THE PROFESSIONAL SPHERE 623
1.12.3 DYNAMIC MOVABLE PROPERTY LAW 624
TABLE OF CONTENTS XVII
PART II NEGOTIABLE DOCUMENTS OF TITLE AND NEGOTIABLE INSTRUMENTS
2.1 THE ROLE OF DOCUMENTS 627
2.1.1 BILLS OF LADING AND WAREHOUSE RECEIPTS 627
2.1.2 THE CONCEPTS OF DOCUMENT OF TITLE AND NEGOTIABILITY 630
2.1.3 THE ORIGIN AND NATURE OF THE BILL OF LADING AND
ITS OPERATION IN THE PROPRIETARY ASPECTS OF THE
TRANSFER OF GOODS 633
2.1.4 CONSEQUENCES OF THE DIFFERENT ATTITUDES TO
DOCUMENTS OF TITLE WHEN GOODS ARE TRANSFERRED
TO TRANSFEREES OTHER THAN THROUGH A TRANSFER OF THE
BILL OF LADING 638
2.1.5 THE TRANSFER OF RISK 640
2.1.6 THE NAMED OR STRAIGHT BILL OF LADING AND SEA WAYBILLS 640
2.1.7 PRIVATE INTERNATIONAL LAW ASPECTS OF BILLS OF LADING 641
2.1.8 LEX MERCATORIA AND UNIFORM TREATY LAW CONCERNING
BILLS OF LADING. THE HAGUE, HAGUE-VISBY, HAMBURG
AND ROTTERDAM RULES 643
2.2 NEGOTIABLE INSTRUMENTS 646
2.2.1 BILLS OF EXCHANGE 646
2.2.2 ACCEPTANCE AND DISCOUNTING OF TIME BILLS 649
2.2.3 THE PERSONS LIABLE UNDER A BILL OF EXCHANGE: RECOURSE 651
2.2.4 THE PRINCIPLE OF INDEPENDENCE OR ABSTRACTION 652
2.2.5 THE HOLDER IN DUE COURSE. PERSONAL AND REAL
DEFENCES. OTHER TYPES OF HOLDERS 653
2.2.6 CHEQUES 655
2.2.7 LIMITED MODERN USE OF BILLS OF EXCHANGE AND CHEQUES 655
2.2.8 BILLS OF EXCHANGE AND COMPETING ASSIGNMENTS OF THE
UNDERLYING CLAIM 656
2.2.9 POSITION OF THE HOLDER IN DUE COURSE OF A BILL OF
EXCHANGE COMPARED TO THE BONA FIDE HOLDER OF
A BILL OF LADING 657
2.2.10 FOREIGN BILLS OF EXCHANGE: PRIVATE INTERNATIONAL
LAW ASPECTS 658
2.2.11 UNIFORM TREATY LAW 661
2.2.12 THE LEX MERCATORIA CONCERNING BILLS OF EXCHANGE 663
2.3 THE DEMATERIALISATION OF DOCUMENTS OF TITLE AND NEGOTIABLE
INSTRUMENTS; ELECTRONIC TRANSFERS 664
2.3.1 THE TRADITIONAL USE OF DOCUMENTS OF TITLE AND
NEGOTIABLE INSTRUMENTS. THEIR INCONVENIENCES AND
RISKS. SEA WAYBILLS AND INDEMNITIES 664
2.3.2 ELECTRONIC SYSTEMS AND THEIR IMPORTANCE IN REPLACING
TRANSPORTATION DOCUMENTS. THE CMI RULES AND BOLERO.
CLEARING AND THE USE OF CENTRAL COUNTER PARTIES? 667
XVIII TABLE OF CONTENTS
2.3.3 THE SITUATION WITH REGARD TO BILLS OF EXCHANGE:
ELECTRONIC BANK TRANSFERS. THE FACILITY OF @GLOBAL TRADE 671
PART III INVESTMENT SECURITIES
3.1 THE DIFFERENT TYPES OF SHARES AND BONDS 673
3.1.1 TRADITIONAL DISTINCTIONS. NEGOTIABLE INSTRUMENTS
AND TRANSFERABLE SECURITIES. DEMATERIALISATION 673
3.1.2 THE NOTIONS OF IMMOBILISATION, BOOK-ENTRY SYSTEMS,
SECURITY ENTITLEMENTS AND COMPARTMENTALISATION.
SECURITIES ACCOUNTS AND BANK ACCOUNTS DISTINGUISHED 676
3.1.3 TRANSFER INSTRUCTIONS AND FINALITY. TIERED AND CHAINED
SYSTEMS OF TRANSFER 683
3.1.4 NEGOTIABILITY AND TRANSFERABILITY OF INVESTMENT SECURITIES
UNDER DOMESTIC AND TRANSNATIONAL LAW. USE OF SECURITIES
ENTITLEMENTS TO ENHANCE TRANSFERABILITY AND LIQUIDITY 685
3.1.5 THE RISK FACTORS IN THE HOLDING AND TRANSFER OF
INVESTMENT SECURITIES AND SECURITIES ENTITLEMENTS.
BANKRUPTCY ISSUES AND RISK REDUCTION TECHNIQUES.
THE EU SETTLEMENT FINALITY DIRECTIVE 688
3.1.6 MODERN CLEARING AND SETTLEMENT SYSTEMS. THEIR
INTERNATIONALISATION 694
3.1.7 THE EVOLUTION TOWARDS SECURITY ENTITLEMENTS:
DEPOSITORY RECEIPTS AND THE EARLIER DEVELOPMENTS
TOWARDS DEMATERIALISATION AND IMMOBILISATION 696
3.2 THE TRANSNATIONALISATION OF CUSTODIAL AND SETTLEMENT SYSTEMS
AND ITS OPPORTUNITIES 699
3.2.1 THE ROLE OF THE EUROMARKET FOR BONDS AND THE
EFFECT ON INTERNATIONAL SHARE TRADING. THE DOMINANT
ROLE OF INTERNATIONAL PRACTICES AND THE BANKRUPTCY
LAW IMPLICATIONS 699
3.2.2 THE LAW APPLICABLE TO TRANSACTIONS IN INVESTMENT
SECURITIES OF THE BOOK-ENTRY TYPE 706
3.2.3 THE LEX MERCATORIA CONCERNING INTERNATIONAL
INVESTMENT SECURITIES TRANSACTIONS 713
3.2.4 UNIFORM LAW: THE EU FINANCIAL COLLATERAL DIRECTIVE.
THE UNIDROIT PROJECT AND 2009 GENEVA CONVENTION 716
3.2.5 EU ACTIVITIES IN THE FIELD OF CLEARING AND SETTLEMENT 720
INDEX 723
|
any_adam_object | 1 |
author | Dalhuisen, Jan H. 1943- |
author_GND | (DE-588)1045212563 |
author_facet | Dalhuisen, Jan H. 1943- |
author_role | aut |
author_sort | Dalhuisen, Jan H. 1943- |
author_variant | j h d jh jhd |
building | Verbundindex |
bvnumber | BV043694425 |
ctrlnum | (OCoLC)968226386 (DE-599)BVBBV043694425 |
edition | Sixth edition |
format | Book |
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illustrated | Not Illustrated |
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institution | BVB |
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spelling | Dalhuisen, Jan H. 1943- Verfasser (DE-588)1045212563 aut Dalhuisen on transnational comparative, commercial, financial and trade law Volume 2 Contract and movable property law Jan H. Dalhuisen Sixth edition Oxford ; London ; New York ; New Delhi ; Sydney Hart 2016 l, 756 Seiten txt rdacontent n rdamedia nc rdacarrier (DE-604)BV036554067 2 Erscheint auch als Online-Ausgabe, EPUB 978-1-50990-747-2 Erscheint auch als Online-Ausgabe, PDF 978-1-50990-748-9 SWB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029107008&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Dalhuisen, Jan H. 1943- Dalhuisen on transnational comparative, commercial, financial and trade law |
title | Dalhuisen on transnational comparative, commercial, financial and trade law |
title_auth | Dalhuisen on transnational comparative, commercial, financial and trade law |
title_exact_search | Dalhuisen on transnational comparative, commercial, financial and trade law |
title_full | Dalhuisen on transnational comparative, commercial, financial and trade law Volume 2 Contract and movable property law Jan H. Dalhuisen |
title_fullStr | Dalhuisen on transnational comparative, commercial, financial and trade law Volume 2 Contract and movable property law Jan H. Dalhuisen |
title_full_unstemmed | Dalhuisen on transnational comparative, commercial, financial and trade law Volume 2 Contract and movable property law Jan H. Dalhuisen |
title_short | Dalhuisen on transnational comparative, commercial, financial and trade law |
title_sort | dalhuisen on transnational comparative commercial financial and trade law contract and movable property law |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029107008&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
volume_link | (DE-604)BV036554067 |
work_keys_str_mv | AT dalhuisenjanh dalhuisenontransnationalcomparativecommercialfinancialandtradelawvolume2 |