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On the pledge of bank account contract rights on the ground of attachment
Abstract.The research subject is the problem of application of the “court bail” concept to cash in banks. The author considers the problem in the context of the correlation of the doctrine novels and law enforcement practice with the current normative procedure and the established approaches of the doctrine to the institutions of pledge and bank account. The author gives general characteristics of a “court bail”, describes the legal nature of attachment and pledge of bank accounts, compares the subjects of attachment and pledge and reveals the problems of application of a “court bail” to cash in banks. The research methodology is based on general scientific methods of cognition: analysis, synthesis, induction, deduction, and specific methods: system-structural, formal-logical, comparative-legal analysis. The scientific novelty and topicality of the study is determined by the scientific discussion about the application of the “court bail” concept and by the absence of law enforcement practice. A “court bail” is a means of securing pledgees’ interests, but its unconditional application, based on the private nature of pledge relations, can lead to the infringement of public rights. It is especially important in relation to attachment of bank accounts of economic entities, which are used for payment for labour or compensation of damage. The results of the study can be used for further development of the “court bail” concept and changing the current legislation.
Keywords: attachment and pledge, pledge account, rights of the pledgee, pledge, bank account, attachment of funds, pledge of rights, court bail, novels of judicial practice, bankruptcy
Article was received:16-08-2017
This article written in Russian. You can find full text of article in Russian here .