Security Rights and Insolvency Law in the Central and Eastern European Systems

Abstract

The chapter canvasses in depth the key building blocks of secured transactions and bankruptcy laws of Hungary, Poland and Lithuania based on a questionnaire made of 28 questions ranging from constitution of security interets (perfection), their enforcement within and outside bankruptcy proceedings through avoidance law's effects on security interests. The chapter is in a volume edited by Gerard McCormack and Reinhard Bork, Security Rights and the European Insolvency Regulation (Intersentia, Cambridge, 2017). The book contains besides the National Reports also chapters summarizing the findings (synthesis reports).

Keywords: secured transactions law reforms, bankruptcy law, avoidance law, preferences, fraudulent transfers, comparative law, European Union law, cross-border insolvency law