@misc{Szydło_Wojciech_Cywilnoprawne_2015, author={Szydło, Wojciech}, copyright={Copyright by Wydawnictwo Uniwersytetu Wrocławskiego Sp. z o.o.}, address={Wrocław}, howpublished={online}, year={2015}, publisher={Wydawnictwo Uniwersytetu Wrocławskiego}, language={pol}, abstract={Securitization, in practice one of the forms in which enterprises and public entities finance their activities, is a complicated operation consisting in the management of assets receivables by issuing securities. In this process an entity which is entitled to a particular receivable an asset concludes contract with an issuer — a special company or securitization fund — for the assignment of receivables, or a sub-participation agreement under which the rights from the securitized receivables are transferred to an issuer company or fund, which then emits securities. At a later time, it satisfies the claims contained in the issued securities from funds acquired from debtors of a pool differentiated in advance. The article presents the civil law aspects of these two types of contracts: contracts for the assignment of receivables, and sub-participation agreements. These contracts form the foundation of the entire securitization process. Their effects and the consequences of concluding them are also examined.}, type={text}, title={Cywilnoprawne aspekty umowy cesji wierzytelności oraz umowy o subpartycypację zawieranych w procesie sekurytyzacji wierzytelności}, keywords={civil aspects, securitisation, contact of the assignment of receivables, sub-participation agreement concluded, agreement o subparticipation}, }