CEU Electronic Theses and Dissertations, 2012
| Author | Valkucak, Matus |
|---|---|
| Title | THE ROLE AND SYSTEM OF BUSINESS COVENANTS: FOCUS ON PRACTICE IN SLOVAKIA |
| Summary | The main purpose of this thesis is to answer question whether the system of business covenants has been introduced in the banking practice in Slovakia. In achieving this aim, it will evaluate the system of business covenants as was developed in common law and analyze the model covenants provisions focusing on their function. Additionally, based on the analysis of the concept of covenants in connection with their role in solving of the conflict between stockholders and investors, it will explain what the understanding of this concept in civil law system is. Author comparing the usual set of covenants existing in loan agreements in United States finds that the most typical covenants also exist in loan agreements in Slovakia. Furthermore, he finds that these covenants take the standardized form and he will outline which covenants are used in general terms and conditions of Slovak banks. |
| Supervisor | Tibor Tajti |
| Department | Legal Studies LLM |
| Full text | https://www.etd.ceu.edu/2012/valkucak_matus.pdf |
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