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The Interpretation Philosophy of Secured Transactions Law Conventions

Akseli, N. Orkun

Authors

N. Orkun Akseli



Abstract

Uniform secured transaction law conventions are critical instruments in efforts to reduce the cost of credit and increase cross-border investment and trade. They present neutral sets of rules. Their provisions need to be construed autonomously, considering their neutral and international character and the need to establish predictability, transactional certainty, and good faith. This article examines the interpretation philosophy of three significant uniform secured transaction law conventions, namely the United Nations Convention on the Assignment of Receivables in International Trade, UNIDROIT Convention on International Factoring, and UNIDROIT Convention on International Interests in Mobile Equipment.

Citation

Akseli, N. O. (2013). The Interpretation Philosophy of Secured Transactions Law Conventions. European Review of Private Law, 21(5), 1299-1318

Journal Article Type Article
Publication Date Jan 1, 2013
Deposit Date Jul 18, 2013
Journal European Review of Private Law
Print ISSN 0928-9801
Publisher Kluwer Law International
Peer Reviewed Peer Reviewed
Volume 21
Issue 5
Pages 1299-1318
Publisher URL http://www.kluwerlawonline.com/toc.php?area=Journals&mode=bypub&level=4&values=Journals~~European+Review+of+Private+Law