Development of Rules for Determining Applicable Law for the Third-party Effects of Assignment of Claims

GARAJOVÁ, Michaela. Development of Rules for Determining Applicable Law for the Third-party Effects of Assignment of Claims. In Rozehnalová, Naděžda (ed.). Universal, regional, national - ways of the development of private international law in 21st century. 1st ed. Brno: Masaryk University, 2019, p. 138-159. ISBN 978-80-210-9496-3. Available from: https://dx.doi.org/10.5817/CZ.MUNI.P210-9497-2019.

Basic information

• Original name: Development of Rules for Determining Applicable Law for the Third-party Effects of Assignment of Claims
• Authors: GARAJOVÁ, Michaela (703 Slovakia, guarantor, belonging to the institution).
• Edition: 1. vyd. Brno, Universal, regional, national - ways of the development of private international law in 21st century, p. 138-159, 22 pp. 2019.
• Publisher: Masaryk University

Other information

• Original language: English
• Type of outcome: Proceedings paper
• Field of Study: 50501 Law
• Country of publisher: Czech Republic
• Confidentiality degree: is not subject to a state or trade secret
• Publication form: printed version "print"
• WWW: Open access sborníku
• RIV identification code: RIV/00216224:14220/19:00121121
• Organization unit: Faculty of Law
• ISBN: 978-80-210-9496-3
• Doi: http://dx.doi.org/10.5817/CZ.MUNI.P210-9497-2019
• Keywords (in Czech): národní- mezinárodní-unijní- evropský justiční prostor
• Keywords in English: national - international -european- european justice area
• Tags: rivok
• Tags: International impact, Reviewed

Abstract

Due to the lack of legal certainty in determining the law applicable to third-party effects of the assignment of claims and, consequently, determining the law applicable to the owner of the claim after a cross-border transaction, the European Commission proposed a new regulation aimed at increasing cross-border transactions investment and market integration. The aim of the new regulation is clear and the reasons for its proposal are understandable. Nevertheless, we wonder what impact the new regulation will have on cross-border transactions if it is adopted as it is right now. Will these uniform rules reduce legal risks and bring significant added value to financial markets?

Links

• MUNI/A/1220/2018, interní kód MU: Name: Universal, regional, national - ways of the development of private international law in 21th century (Acronym: EMPS21)

Investor: Masaryk University, Category A