January 24, 2022

“It is an extraordinary team, whose advice gives you a lot of confidence. I think that they have a broad commercial perspective and try to adapt legal solutions to the reality of the client’s business and to the negotiations between the parties.” – Legal 500

A pledge is a type of real guarantee which may be given over all kinds of movable assets. A pledge has to be constituted with the same formality as the agreement setting out the obligations it guarantees. However, it is essential that the pledge asset is delivered to the creditor or a third party as