Security is divided into personal and real security. Personal security would include such things as suretyship. An example of real security is a right of mortgage. Security is given in order to guarantee obligations, whether monetary or not, and requires very careful and precise formulation of the security documents. Practice has shown, however, that these documents often leave much to be desired and this can have serious consequences, especially as far as standard documentation is concerned.

CMS Derks Star Busmann has excellent knowledge and wide experience in assisting the party entitled to the security as well as the party giving it. Security also always plays a role in insolvencies, and in that area too we can give you personalized advice and assistance.