Floating charges in the Nordic countries

Summary, in English

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.

• Author: Bjørn Løtveit; Astrid Millung-Christoffersen; Patrik Lindskoug; Teemu Juutilain
• Department/s: Lund University Centre for Business Law (Swedish abbr: ACLU); Department of Law
• Publishing year: 2025-01-01
• Language: English
• Pages: 372-403
• Publication/Series: Floating Charges in Comparative Perspective
• Links: http://dx.doi.org/10.4337/9781035317141.00018
• Document type: Book chapter
• Publisher: Edward Elgar Publishing Ltd.
• Topic: Law
• Keywords: Floating charges; Mortgages; Nordic law; Property law; Scandinavian law; Security rights
• Status: Published
• Research group: Lund University Centre for Business Law (Swedish abbr: ACLU)
• ISBN/ISSN/Other: ISBN: 9781035317141; ISBN: 9781035317134