Animals as Assets in Debt Collection Procedures

Abstract

The paper outlines the legal rules pertaining to the treatment of animals as assets for debt collection in Germany and America. A comparative analysis reveals striking similarities and fundamental differences at the same time, which are explained against the background of both legal systems’ wider context. Finally, the paper turns to the lessons to be learned for the further development of animal law. Especially sections 811(3) and 765a(1) of the German Code of Civil Procedure are identified as commendable examples of laws that protect animals without neglecting the legitimate interests of humans