Pledge and its Enforcement

PLEDGE AND ITS ENFORCEMENT The purpose of my thesis written on the topic 'Pledge and its Enforcement' is to analyze the issue of contractual pledge itself, with a focus on the enforcement of the pledge, both in and outside of insolvency, as this is the stage where the pledge fulfills its reimbursing function, i.e. a stage absolutely critical for the pledge. I pay a deeper attention also to a receivable as the most common subject of a pledge. The pledge underwent major changes with the arrival of a new Civil Code, Act no. 89/2012 Coll., with the effect from 1 January 2014. In my thesis, I therefore focuse on both changes and entirely new legal institutes that the new Civil Code brought compared to the previous legislation, and which enriched the area of the pledge. I have divided my thesis into seven chapters. The introductory chapter deals with general issues that needed to be introduced for an understanding of the main topic of this thesis, i.e. mainly explanation of the basic concepts and principles. The chosen topic is quite a wide area, therefore I have tried to approach it in next chapters so that all the important information for pledge was mentioned, together with all news and possible problematic areas associated with the arrival of the new Civil Code, and at the same time the thesis remained..