Organization

Baptist University

Project Description

There are still many indefinites of the right of subrogation. The major concern of this paper is to clear up these indefinites and give suggestions in perfection of the exercise of the right of subrogation. Here are the steps of study:

Look into the concept of the right of subrogation
Analyze the constitutive components of exercising the right of subrogation
Comment on the role of the debtor
Comment on the claim of subrogation
Comment on the direct recovery from the secondary debtor

Project Abstract

To be sure, the right of subrogation can maintain the security and stability of the transactions, but problems are encountered at the time of implementation. The propose of this honours project is to investigate the indefinites of the right of subrogation.

This first part will be devoted to elaborating the concept of the right of subrogation. Generally, four criteria have to be fulfilled in order to start an action of subrogation. Right after the first part, three debatable issues will be discussed, namely, the role of the debtor, the claim of subrogation and the direct recovery from the secondary debtor. In the last chapter, conclusion will be drawn based on all discussion from other two parts.

Surveys released for this project:
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