Under English law it is possible to secure credit on almost any asset, but the law is widely considered to be unsatisfactory. Gerard McCormack examines English law and highlights its weaknesses. He uses Article 9 of the American Uniform Commercial Code as a reference point for reform. This Article has successfully serviced the world's largest economy for over 40 years and is increasingly used as the basis for legislation by Commonwealth jurisdictions--including Canada and New Zealand.
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Editorial Reviews
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'One of the many attractions of Secured Credit under English and American Law is that it provides a single source from which to gauge and evaluate the current controversies in a complex area of law. It is a straightforward comparative guide to the complex subject of English and American credit and security laws with a clear explanation of the law and a practical guidance on its implementation. It is highly recommended and is essential for anyone interested in this branch of law to read and make use of this valuable piece, which explores and compares fundamental concepts of secured credit under English and American law.' Journal of International Trade Law & Policy
'... excellent ... This is surely his finest work ... The book is direct in focus, solid in research, and simple in language. It is a must-read.' India Law & International Resources
'... a timely book ...this is a useful book ... This is the first book that considers English and American law on secured credit at some length.' Journal of International Banking Law and Regulation
'... excellent ... This is surely his finest work ... The book is direct in focus, solid in research, and simple in language. It is a must-read.' India Law & International Resources
'... a timely book ...this is a useful book ... This is the first book that considers English and American law on secured credit at some length.' Journal of International Banking Law and Regulation
Book Description
Secured Credit drives economic activity. Under English Law it is possible to create security over almost any asset, but the law is widely considered to be unsatisfactory. McCormack examines English law and highlights its weaknesses. He uses Article 9 of the American Uniform Commercial Code as a reference point for reform: this Article has successfully serviced the world's largest economy for over 40 years and is increasingly used as the basis for legislation by Commonwealth jurisdictions including Canada and New Zealand. Contains t he text of article 9.
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Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
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First Sentence:
This book compares and contrasts American and English approaches towards the recognition and enforcement of security interests in personal property. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
personal property security law, initial financing statement, security taker, agricultural lien, equitable security interests, conflicting security interest, business reconstruction mechanisms, commingled goods, competing security interests, prior chargee, consumer obligor, commodity intermediary, secured party, future book debts, jurisdiction governs perfection, registrable charge, chattel paper, other person obligated, collateral taker, aggregation clause, authenticated notification, collateral giver, scintilla temporis, party having control, secondary obligor Key Phrases - Capitalized Phrases (CAPs): (learn more)
Law Commission, Companies Act, Court of Appeal, New Zealand, Enterprise Act, House of Lords, Insolvency Act, Oxford University Press, Grant Gilmore, United States, Company Law Review Steering Group, Lord Millett, Privy Council, Uniform Commercial Code, Charge Card, Lord Hoffmann, United Kingdom, Commissioner of Inland Revenue, Modern Company Law, Bankruptcy Code, Clough Mill Ltd, Goode Legal Problems, New Bullas, Siebe Gorman, Consumer Credit New!
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Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
This book compares and contrasts American and English approaches towards the recognition and enforcement of security interests in personal property. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
personal property security law, initial financing statement, security taker, agricultural lien, equitable security interests, conflicting security interest, business reconstruction mechanisms, commingled goods, competing security interests, prior chargee, consumer obligor, commodity intermediary, secured party, future book debts, jurisdiction governs perfection, registrable charge, chattel paper, other person obligated, collateral taker, aggregation clause, authenticated notification, collateral giver, scintilla temporis, party having control, secondary obligor Key Phrases - Capitalized Phrases (CAPs): (learn more)
Law Commission, Companies Act, Court of Appeal, New Zealand, Enterprise Act, House of Lords, Insolvency Act, Oxford University Press, Grant Gilmore, United States, Company Law Review Steering Group, Lord Millett, Privy Council, Uniform Commercial Code, Charge Card, Lord Hoffmann, United Kingdom, Commissioner of Inland Revenue, Modern Company Law, Bankruptcy Code, Clough Mill Ltd, Goode Legal Problems, New Bullas, Siebe Gorman, Consumer Credit New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
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