§ Sec­tion 1295 BGB Sale by pri­va­te con­tract of secu­ri­ties to order

in accordance with Sec­tion 1295 of the Ger­man Civil Code (BGB) Sale of secu­ri­ties by pri­va­te con­tract

If a pled­ged secu­ri­ty that can be trans­fer­red by endor­se­ment has a stock exch­an­ge or mar­ket pri­ce, the cre­di­tor shall be entit­led to have the secu­ri­ty sold in accordance with sec­tion 1221 once the requi­re­ments of sec­tion 1228 (2) have been met. § Sec­tion 1259 shall app­ly accor­din­gly.

If the realization of collateral
is time-critical and confidential:
Contact us.