Party Autonomy in International Property Law

Download or read book Party Autonomy in International Property Law written by Roel Westrik and published by Walter de Gruyter. This book was released on 2011-06-30 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Party autonomy is a subject that is traditionally rejected in the field of property law. Legal systems throughout Europe and most parts of the world still found their property law on the lex situs. This point of view, however, is challenged more and more. The immense intensification of worldwide trade may have turned boundaries between countries into barriers in a world that needs flexibility. This book deals with important questions concerning this problem, including: What happens to property rights related to movables and claims when borders are crossed? Do we recognize a German retention of title or an American security right? Which law will apply: the law of the country of origin, the lex situs or the law of the country of destination? How does legislation concerning financial instruments relate to the problem, and what is it all worth in insolvency situations?