The floating charge is no longer a foreign concept

• Autores: Daniel Hayek, Alexander Flink
• Localización: The Lawyer, ISSN-e 0953-7902, Vol. 31, Nº. 21 (6/6/2016), 2016
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article offers information on the acquisition finance for creating a security in Switzerland over intermediated securities which is similar to a floating charge over types of assets such as receivables, real estate and bank accounts. It mentions that ways to mitigate the consequences of the principle of speciality and the introduction of Swiss Federal Intermediated Securities Act (FISA). It also mentions that subject to an agreement between the lender and the account holder