Assignment in a variable economic situation

Claim transmission from one creditor to another (assignment), due to the development of business in Latvia, becomes more and more important. The assignment is a unique as well as universal institute of private rights, which role is difficultly to overvalue for normal economical turnover, neverthele...

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Bibliographic Details
Main Author: Nemenova V.
Format: Article
Language:English
Published: EDP Sciences 2014-01-01
Series:SHS Web of Conferences
Online Access:http://dx.doi.org/10.1051/shsconf/20141000029
Description
Summary:Claim transmission from one creditor to another (assignment), due to the development of business in Latvia, becomes more and more important. The assignment is a unique as well as universal institute of private rights, which role is difficultly to overvalue for normal economical turnover, nevertheless the legislator, on accepting the Civil Law of 1937, has not envisaged all nuances in the area of the legal regulation of the assignment in the variable economic situation. The author makes a conclusion that it is necessary to develop specific recommendations for perfection of the Civil Law's legal standards in Latvia, by analyzing the legal acts, judicial practice of Latvia and other countries, and the works of the legal scientists within the sector of cession's legal regulation.
ISSN:2261-2424