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Floating charges in the Nordic countries

Løtveit, Bjørn ; Millung-Christoffersen, Astrid ; Lindskoug, Patrik LU and Juutilain, Teemu (2025) p.372-403
Abstract

This chapter analyses floating charges in the Nordic countries, focusing on Denmark, Norway, Sweden and Finland. Nordic property laws are known for their functional approach, and while property law rules in the Nordic countries are generally fragmentary, Nordic security rights laws are more codified. The four Nordic countries all have floating charges (or equivalent security rights). The chapter discusses different types of floating charges available, the conditions for granting floating charges and their third-party effectiveness. The possibilities for acquiring and disposing of assets are also discussed, along with questions of priority between competing rights and of enforcement. Comparative observations in the chapter reveal both... (More)

This chapter analyses floating charges in the Nordic countries, focusing on Denmark, Norway, Sweden and Finland. Nordic property laws are known for their functional approach, and while property law rules in the Nordic countries are generally fragmentary, Nordic security rights laws are more codified. The four Nordic countries all have floating charges (or equivalent security rights). The chapter discusses different types of floating charges available, the conditions for granting floating charges and their third-party effectiveness. The possibilities for acquiring and disposing of assets are also discussed, along with questions of priority between competing rights and of enforcement. Comparative observations in the chapter reveal both similarities and differences between the floating charge regimes in the Nordic countries. Furthermore, they suggest that the Nordic laws on floating charges can be grouped into two pairs, Denmark and Norway being closer to each other than to Sweden and Finland, and vice versa.

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Please use this url to cite or link to this publication:
author
; ; and
organization
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
keywords
Floating charges, Mortgages, Nordic law, Property law, Scandinavian law, Security rights
host publication
Floating Charges in Comparative Perspective
pages
32 pages
publisher
Edward Elgar Publishing Ltd.
external identifiers
  • scopus:105011003412
ISBN
9781035317141
9781035317134
DOI
10.4337/9781035317141.00018
language
English
LU publication?
yes
id
6b4e9e62-82e9-4301-9d68-1814a15100a8
date added to LUP
2026-01-20 14:33:05
date last changed
2026-01-27 08:39:14
@inbook{6b4e9e62-82e9-4301-9d68-1814a15100a8,
  abstract     = {{<p>This chapter analyses floating charges in the Nordic countries, focusing on Denmark, Norway, Sweden and Finland. Nordic property laws are known for their functional approach, and while property law rules in the Nordic countries are generally fragmentary, Nordic security rights laws are more codified. The four Nordic countries all have floating charges (or equivalent security rights). The chapter discusses different types of floating charges available, the conditions for granting floating charges and their third-party effectiveness. The possibilities for acquiring and disposing of assets are also discussed, along with questions of priority between competing rights and of enforcement. Comparative observations in the chapter reveal both similarities and differences between the floating charge regimes in the Nordic countries. Furthermore, they suggest that the Nordic laws on floating charges can be grouped into two pairs, Denmark and Norway being closer to each other than to Sweden and Finland, and vice versa.</p>}},
  author       = {{Løtveit, Bjørn and Millung-Christoffersen, Astrid and Lindskoug, Patrik and Juutilain, Teemu}},
  booktitle    = {{Floating Charges in Comparative Perspective}},
  isbn         = {{9781035317141}},
  keywords     = {{Floating charges; Mortgages; Nordic law; Property law; Scandinavian law; Security rights}},
  language     = {{eng}},
  month        = {{01}},
  pages        = {{372--403}},
  publisher    = {{Edward Elgar Publishing Ltd.}},
  title        = {{Floating charges in the Nordic countries}},
  url          = {{http://dx.doi.org/10.4337/9781035317141.00018}},
  doi          = {{10.4337/9781035317141.00018}},
  year         = {{2025}},
}