Post-1990 Secured Transactions Law Reforms in Central and Eastern Europe

Bulletin of the Chamber of Public Notaries of County Szeged (Hungary), vol. II, No. 3, pp. 14-21 and No. 4 pp. 18-26.

16 Pages Posted: 12 Dec 2013

See all articles by Tibor Tajti

Tibor Tajti

Central European University, Legal Studies Department

Date Written: October 27, 2013

Abstract

The paper reviews the post-1990 secured transactions reforms in Central and Eastern Europe (primarily countries neighboring Hungary) and contrasts them as well as comments on some key novelties introduced by the 2013 Hungarian Civil Code. This includes in particular reflections on the introduction of UCC Article 9-type notice filing and a softer version of self-help repossession. It is also noted that the new Hungarian law has failed to adequately address such key issues as the relationship of secured transactions and bankruptcy laws as well as the features and enforcement of floating liens.

Keywords: secured transactions law reforms, bankruptcy, self-help, private debt collection

Suggested Citation

Tajti, Tibor, Post-1990 Secured Transactions Law Reforms in Central and Eastern Europe (October 27, 2013). Bulletin of the Chamber of Public Notaries of County Szeged (Hungary), vol. II, No. 3, pp. 14-21 and No. 4 pp. 18-26.. Available at SSRN: https://ssrn.com/abstract=2358006

Tibor Tajti (Contact Author)

Central European University, Legal Studies Department ( email )

NĂ¡dor u. 9
Budapest, 1051
Hungary
+361 327 3275 (Phone)

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
104
Abstract Views
461
rank
267,826
PlumX Metrics