Rethinking the Need for Commercial Trusts in Civil Law Jurisdictions

dc.authorwosidKurtulan Guner, Gokce/IZP-8977-2023
dc.contributor.authorGuner, Gokce Kurtulan
dc.date.accessioned2024-07-18T20:50:56Z
dc.date.available2024-07-18T20:50:56Z
dc.date.issued2021
dc.departmentİstanbul Bilgi Üniversitesien_US
dc.description.abstractIn this article, the need for the adoption of trusts into civilian jurisdictions has been analysed by placing a special focus on commercial trusts. It has been argued that, the trust may offer an added value for these legal systems as it is more advantageous in terms of asset management, investment and financing purposes. In the context of asset management and investment, the trust is compared with the fiduciary contract and even though both legal instruments serve the purpose of separating management and beneficial ownership; it has been concluded that the trust fulfils this function more successfully thanks to both the property dimension and the obligation dimension that are incorporated into it. In the context of traditional financing, the advantage of the trust manifests itself in case of multi-source financing - more clearly, in case of loans acquired by multiple lenders. Here, the added value of the trust is apparent with regard to the composition of common security packages, which constitutes a significant advantage from various perspectives for both borrowers and creditors.en_US
dc.identifier.endpage487en_US
dc.identifier.issn0928-9801
dc.identifier.issn1875-8371
dc.identifier.issue3en_US
dc.identifier.scopus2-s2.0-85111245243en_US
dc.identifier.scopusqualityQ3en_US
dc.identifier.startpage463en_US
dc.identifier.urihttps://hdl.handle.net/11411/8302
dc.identifier.volume29en_US
dc.identifier.wosWOS:000715125600005en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherKluwer Law Inten_US
dc.relation.ispartofEuropean Review of Private Lawen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.titleRethinking the Need for Commercial Trusts in Civil Law Jurisdictionsen_US
dc.typeArticleen_US

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