Commercial Trusts in European Private Law [Paperback]

Sixth book in The Common Core of European Private Law series, examining trusts law.This book examines how fifteen legal systems of the European Union regulate relationships of trust, focusing in particular on asset management. Following the Common Core approach, legal systems are examined primarily through the discussion, by national reporters, of a series of hypothetical cases. The cases raise issues such as what happens to the client when the asset manager becomes bankrupt. There is a special focus on commercial applications such as collective investment, collective secured lending, pension funds, and securitisation.This book examines how fifteen legal systems of the European Union regulate relationships of trust, focusing in particular on asset management. Following the Common Core approach, legal systems are examined primarily through the discussion, by national reporters, of a series of hypothetical cases. The cases raise issues such as what happens to the client when the asset manager becomes bankrupt. There is a special focus on commercial applications such as collective investment, collective secured lending, pension funds, and securitisation.In European legal systems, a variety of approaches to trust and relationships of trust meet the universal professionalization of asset management services. This book explores that interface in order to seek a better understanding of the legal regulation of the entrustment of wealth. Within the methodology of the Common Core of European Private Law, the volume presents cases on the establishment and termination of management relationships, obligations of loyalty and of professionalism, and the choice of law.General editors' preface; Preface; Contributors to the volume; Contributors to the case studies; List of Abbreviations; Select bibliographies for jurisdictions represented; Part I. Setting the Scene: 1. Commercial Trusts in European Private Law: the Interest and Scope of the Enquiry; 2. A short note on terminology; 3.lƒ#