Taking Security: Law and Practice
Most commercial loans now involve security of some kind, such as a mortgage on property or a fixed or floating charge. All professionals working in this area need to be increasingly aware of the often complex legal points that underpin security issues. Taking Security: Law and Practice outlines the legal principles and practical considerations that need to be taken into account in order to obtain the best security. The author, a specialist in UK banking and security law and insolvency, draws from his wide experience to provide a practical and authoritative guide to this complex area of UK law. Comprehensive coverage includes various types of security, such as pledges, mortgages, fixed, and floating charges; the effective creation of legally watertight and enforceable security; the key issue of priority of security and the order of enforcement especially in the event of insolvency; alternatives to security such as guarantees, indemnities, and set off; and cross-border security and insolvency.
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