IIL: Applicable Law

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samparkin92
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Last updated: May 12, 2025
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First submittedApril 21, 2025
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General rule
Lex concorsus
Article
Art. 7 EIR
Exception
Rights in Rem
Article
Art. 8 EIR
What is it when ensure payment by taking off money owed by one party to another
Set- off
Does opening of insolvency proceedings affect creditor's right to set off?
No
Article
Art. 9 EIR
What is it when ownership rights will not transfer to the purchaser until the price payment
Reservation of title
Article
Art. 10 EIR
Exceptions to executory contracts
Immoveable property (Art.11) (Location of property)
Employment contracts (Art.13) (Law applicable to the contract)
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