Document Type
Article
Publication Date
Spring 1998
ISSN
1053-6736
Publisher
Duke University School of Law
Language
en-US
Abstract
Cross-border securitization is a particularly useful subject for examining legal change, especially in a state environment. Actors in securitization have an enormous degree of freedom to choose their theater of operations in an overall changing legal environment. Their "raw material" is capital-a highly transferable commodity-and their theater of operations is the globe. Yet they need predictable rules and standards in order to operate efficiently. The actors can usually utilize existing legal forms and apply them to any one of the discrete components of securitization without necessarily affecting the entire law applicable to the other components in the process: Therefore, the evolution of securitization law may help provide insight into legal change in similar areas.
Recommended Citation
Tamar Frankel,
Cross-Border Securitization: Without Law, But Not Lawless
,
in
8
Duke Journal of Comparative and International Law
255
(1998).
Available at:
https://scholarship.law.bu.edu/faculty_scholarship/3038
