w88 casino News (provided by the Law w88 casino)Recently, the “Fifth International Conference on Security Property Law Theory and Practice” was held in Suzhou. This conference was hosted by the Civil Law Research Society of the China Law Society and hosted by the Security Rights Law Research Center of the Jiangsu Law Society, the Wang Jian Law w88 casino of Suzhou University, and the Suzhou Intermediate People's Court. Legal experts and scholars from Japan, South Korea, Germany, Taiwan, Hong Kong, and Macau were invited to attend the conference. Zhang Yao, associate professor of our college, was invited to attend the meeting.

In the unit of "Macroscopic Interpretation of the Guarantee System", teacher Zhang Yao of our college gave a report titled "Interpretation Theory of my country's Transfer Guarantee System", and conducted an interpretative analysis of Article 68 of the "Interpretation of the Guarantee System of the Civil Code" following the main reasons for the utilization of the transfer guarantee system. Teacher Zhang pointed out that in the practice of transfer guarantees in my country, real estate transfer guarantees and equity transfer guarantees are the mainstream forms, and the main reason for their use is not to make up for the lack of the chattel mortgage system. There is no theoretical distinction between transfer security and transfer type. As long as the ownership and other rights of the subject matter are transferred to the creditor for the purpose of guaranteeing the realization of the creditor's right, it is a transfer security, and its effectiveness should be interpreted in accordance with the composition of the security right. Mr. Zhang further pointed out that under the background that Article 45 of the "Interpretation of the Guarantee System of the Civil Code" allows for prior agreement on self-sale or auction, the transfer form of the rights of the assignment guarantee may be interpreted as the parties' prior agreement on self-realization, allowing creditors to carry out attribution liquidation or disposal liquidation on their own.
