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Registration of Company Charges, 3rd edition

Registration of Company Charges, 3rd edition

Author: Gerard McCormack
Publisher: LexisNexis U.K.
ISBN: 9781846611902
Published In: November 2009
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

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A comprehensive guide to the charges registration system, setting out the objectives and background of charges registration and explaining the requirements and procedure

Registration of Company Charges is a comprehensive guide to the charges registration system, setting out the objectives and background of charges registration and explaining the requirements and procedure.

This new edition provides guidance on distinguishing charges which require registration and those which do not, and explains in detail the mechanisms of the registration system with particular attention given to the roles of the various parties to the process. It also contains practical advice on the complex issue of determining priorities between competing charges over the same property and considers weaknesses in the registration regime and the inadequacies of the priority rules.

Fully updated, this new edition is timed to take into account the implementation of relevant provisions of the Companies Act 2006 and key developments including:

Full coverage of the new registration of charges regime introduced by Part 25 of the Companies Act 2006
A comparison of the new law with previous company legislation
Coverage of the case law since the publication of the last edition including the implications of the Spectrum decision
Full consideration of the new regime for the registration of charges created by foreign-registered companies including the replacement of the Slavenburg register
Detailed examination of the priority position with competing charges over the same property
Consideration of the prospect of further legislative reforms and the scope of such reforms

The Nature of Security Interests
The Objectives of the Company Charge Registration System
Charges Requiring Registration
Charges and Consensual Security Rights not Requiring Registration
Registration of Charges and Reservation of Title Clauses
Mechanics of Registration
Registration and Priorities
Company Charge Registration and Overseas Companies

Appendices

Statutes - Companies Act 2006, Part 25
Statutory Instruments - The Overseas Companies (Execution of Documents and Registration of Charges) Regulations 2009

Professor Gerard McCormack, Professor of International Business Law at University of Leeds

"quality of the analysis is impressive ... an indispensible guide ... excellent value for money ... a key text for any self-respecting corporate law library"
Student Law Journal

"registration of charges is a topic of considerable practical importance and practitioners will welcome the appearance of a second edition of this very informative book ... a comprehensive handbook for the busy practitioner dealing with all aspects of registration of charges ... a worthwhile addition to every practitioner's library and it will continue to be of lasting value to them for many years to come"
The Law Teacher

"the author is to be congratulated."
"crisp and clear.."
"in a work which can properly take its place on the bookshelf of any serious practitioner in this area"
International Company and Commercial Law review