EX ANTE v. EX POST PROTECTION: the implementation Of collaterals in financing transaction

Authors

DOI:

https://doi.org/10.18800/themis.201702.003

Keywords:

Collaterals, financial operations, ex ante and ex post protection, risk reduction, subordination risk

Abstract

Collaterals are actives (material and immaterial) that act as warrants against any financial operation. This figure allows to reduce risks related to financial operations throughout credit qualification of the protected agent. For this reason, an adequate regulation of its execution (ex ante and ex post) is useful to reduce situations originated by information asymmetry.
In this article, the autor develops the legal treatment of this juridical figure and its applicable regimens, analyzing the juridical and economic implications of the two ways to protect its execution: juridical proceedings (ex ante) and extra juridical proceedings (ex post).

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Author Biography

  • Freddy Escobar Rozas, University of the Pacific, Universidad del Pacífico, Pacific University, University of the Pacific, University of the Pacific

    Abogado. Magister en Derecho por Harvard Law School. Profesor de Análisis Económico del Derecho y Remedios Legales en la Maestría de Derecho Civil de la Pontificia Universidad Católica del Perú (PUCP). Profesor de Instituciones Legales en la Maestría de Banca y Finanzas de la PUCP. Profesor de Contratos en la Universidad del Pacífico. Socio de Lazo, De Romaña & CMB.

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Published

2017-09-11

Issue

Section

Derecho Mercantil

How to Cite

EX ANTE v. EX POST PROTECTION: the implementation Of collaterals in financing transaction. (2017). THEMIS Revista de Derecho, 72, 41-57. https://doi.org/10.18800/themis.201702.003