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Thinking and Assessing - Charge and Assignment Under English Law

June 2014ContractBanking & Finance

Abstract

I have been working as a lawyer for several years in Europe, in countries governed by different legal systems. I have learned to love English law because of its practical approach: rights precede the law, not the other way around as is the case in most civil law systems. Proponents of English law argue that one of its main strengths is its flexibility and its approach to not “pre-judge” any situation. The intention is that one takes a specific situation and arrives at a legal decision based on the specific circumstances, as opposed to codified regimes which aim to “fit” a specific situation into existing codes. In practice, things are vastly more complicated under both approaches but, for the sake of this article, I will try and stay with my simple intent of English law

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Author

Alessia Frisina

Chief Legal and Compliance Counsel, De Lage Landen Leasing Limited, Australia

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