kaal:claim:5886342-020

A digital pledge is constructed as a bankruptcy remote preferential right over a digital object, giving the pledgee priority that survives the pledgor's insolvency.

Source quote, verbatim

(1) A Digital Pledge is a bankruptcy-remote prefer- ential right on a Digital Object.

From

Furrer Andreas, Wulf A. Kaal, Stephan D. Meyer, Universal Digital Law Codex (UDLC) (2025), Part B, Book II, Section 3, Chapter 3, Article 37 Digital Pledge of Digital Objects, p. 10
https://ssrn.com/abstract=5886342 · source PDF

Cite as

Furrer Andreas, Wulf A. Kaal, Stephan D. Meyer, Universal Digital Law Codex (UDLC) (2025). SSRN: https://ssrn.com/abstract=5886342

Classification

definitionalsupport: assertedsystemic-risk

Verify

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Attestation record: colloquium/attestations/9d6fcf3e145af66b...json
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