PL EN


2015 | 103 | 319-331
Article title

Cywilnoprawne aspekty umowy cesji wierzytelności oraz umowy o subpartycypację zawieranych w procesie sekurytyzacji wierzytelności

Selected contents from this journal
Title variants
EN
CIVIL ASPECTS OF THE CONTRACT OF THE ASSIGNMENT OF RECEIVABLES AND SUB-PARTICIPATION AGREEMENT CONCLUDED IN THE PROCESS OF SECURITIZATION OF RECEIVABLES
Languages of publication
PL
Abstracts
EN
Securitization, in practice one of the forms in which enterprises and public entities finance their activities, is a complicated operation consisting in the management of assets (receivables) by issuing securities. In this process an entity which is entitled to a particular receivable (an asset) concludes contract with an issuer — a special company or securitization fund — for the assignment of receivables, or a sub-participation agreement under which the rights from the securitized receivables are transferred to an issuer (company or fund), which then emits securities. At a later time, it satisfies the claims contained in the issued securities from funds acquired from debtors of a pool differentiated in advance. The article presents the civil law aspects of these two types of contracts: contracts for the assignment of receivables, and sub-participation agreements. These contracts form the foundation of the entire securitization process. Their effects and the consequences of concluding them are also examined.
Keywords
Year
Volume
103
Pages
319-331
Physical description
Contributors
  • Uniwersytet Wrocławski
References
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.desklight-469668dd-1f23-41fe-a785-265d12a2f37a
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