COULD CONTINENTAL EUROPE ADOPT A UNIFORM COMMERCIAL CODE ARTICLE 9-TYPE SECURED TRANSACTIONS SYSTEM?
THE EFFECTS OF THE DIFFERING LEGAL PLATFORMS
Time: 10 Dec 2014, Wednesday; 4:00 – 5:30 pm.
Place: Mingfa Building, room 412
Speaker: Prof. Tibor Tajti
Professor Tibor Tajti received his S.J.D. and LL.M. degrees from Central European University and his LL.B. from the Law School of the University of Novi Sad, Serbia. He teaches currently at the Legal Studies Department and he has been teaching for eight years as well as the Business School of the Central European University.
Professor Tajti has also worked as a corporate counsel and as the head of the foreign trade department in a corporation with extensive international connections (focus on Anglo-Saxon countries). Main areas of interest are: comparative secured transactions law, comparative securities law, products liability and international dispute settlement.
Access to credit is crucial for businesses. Access to credit, on the other hand, depends on the quality of the applicable secured transactions law. This realization made out of secured transactions to hottest topics both on the international and on the level of many domestic laws. The Unitary Model - bringing all transactions that perform a security function within the same system of law - seems to have become the predominant model by the 21st century. Originating in the United States, it then has reached not only Canada, New Zealand and Australia but also some European systems as well. The big question is whether Continental Europe could and is going to follow the suit.