ABSTRACT
After Brexit, legislatures, practitioners and legal scholars in the EU have had to reconsider what may be legally needed to support business that is increasingly conducted in or from the EU rather than from London. An important component of trading across borders is private law, which remains national in its nature. This chapter focuses on the law governing assignments where parties from several countries are involved, making these transactions international. It flags up inconsistencies and weaknesses in the prevailing laws governing these transactions, which predominantly arise from the reluctance of legislatures to move on from traditional concepts in this complex area of law which floats between contractual and proprietary claims. The chapter presents a detailed analysis of the common law and civil law, and especially European concepts currently at hand, followed by a list of propositions for reform and amendment in order to better accommodate the needs and the practice of international trade.
