Warrant
Issue and transmission of warrants: endorsement, transcription and circulation
By Yasmine EDDAM17 April 2025A general shop warrant is not simply a document recording a deposit and a claim. For it to really come to life as an effective guarantee and to be able to circulate as an instrument of credit, precise legal steps must be taken. How is this security actually issued? How is it publicised so that it can be used against third parties? And how can it then be transferred from one creditor to another? This article looks at these essential mechanisms: the first endorsement, which gives rise to the pledge warrant; the entry in the registers of the general warehouse, which makes it 'visible' and enforceable; and the rules governing its subsequent circulation. The first endorsement: the founding act of the warrant and the pledge It is essential to distinguish the very first endorsement on the warrant from any subsequent endorsements. This first endorsement is not a simple act...
The general shop warrant: definition, creation and essential information
Commercial, business and competition law, WarrantFinancing stocks often represents a challenge for companies, tying up a significant proportion of their cash flow. However, these stored goods can become a financial lever thanks to a specific but sometimes little-known legal instrument: the general warehouse warrant. Far from being a simple acknowledgement of a deposit, this instrument...The oil warrant: operation of an old stock guarantee
Commercial, business and competition law, WarrantInventory financing is a major issue for many companies, particularly those handling large volumes of raw materials such as petroleum products. Historically, the need to mobilise the value of these assets in order to obtain credit, without having to physically move them, has led to the creation of...The general shop warrant: a practical guide for companies
Commercial, business and competition law, WarrantAre your stocks lying idle in your warehouse? Did you know that they could be an active source of finance for your business? The general warehouse warrant is a legal instrument designed to do just that: turn your stored goods into collateral for obtaining credit, without losing ownership of them...The hotel warrant: the history and mechanisms of a vanished security system
Commercial, business and competition law, WarrantThe world of business financing relies heavily on trust, but also on solid guarantees. Securities, the legal mechanisms that enable a creditor to secure repayment of its debt, take a variety of forms. Some are general, while others are more confidential and have been designed to meet the specific needs of...