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Party Autonomy in International Property Law - Peace Palace Library

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9. <strong>Party</strong> <strong>Autonomy</strong> and Assignment<br />

the background of the substantive law issues at stake, it appears that there<br />

is no reason to be afraid of party autonomy. From the perspective of property<br />

law, it has been established that all of the characteristic issues of<br />

assignment <strong>in</strong> substantive law can be adequately dealt with by a conflict<br />

rule allow<strong>in</strong>g the assignor and the assignee to choose the govern<strong>in</strong>g law.<br />

In so far as other ‘third party effects’ of assignment (public fil<strong>in</strong>g, voidable<br />

preference, attachment) and (distributive) ‘priority’ are concerned:<br />

they are outside the scope of a conflict rule for the proprietary aspects of<br />

assignment and accord<strong>in</strong>gly do not need to be a matter of concern when<br />

allow<strong>in</strong>g party autonomy for the proprietary aspects of assignment.<br />

Hendrik Verhagen<br />

205<br />

© sellier. european law publishers<br />

www.sellier.de

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