Goode on Legal Problems of Credit and Security, 4th Edition

Author: Professor Sir Roy Goode, QC; Louise Gullifer
Publisher: Sweet & Maxwell U.K.
ISBN: 9781847035783
Published In: October 2008
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

Details

Regularly cited in court, this book gives a concise and lucid explanation of the law and regulation of credit and security. This 4th edition:

Delivers clarity and rigorous analysis and provides unambiguous interpretation of the legal principles
Takes account of the plethora of case law and legislative developments, as well as international conventions and European Community Directives
Explores the fundamental concepts of common law and equity as they affect secured transactions
Explains accurately how underlying principles apply to different transactions
Outlines the different forms that credit and security can take
Defines how security can be applied as part of the credit agreement
Explains key concepts such as attachment, set-off, fixed and floating charges
Covers developments in the insolvency rules
Considers all the relevant case law, including the Spectrum and Leyland Daf decisions
Covers the Law Commission’s proposals for reform in Report No. 296
Examines legislative developments such as the Consumer Credit Act 2006 and EU Directives

A complete guide to the law relating to credit and security

Attachment and perfection of a security interest: general considerations

Attachment, perfection and effects of fixed security in non-documentary receivables

The floating charge

Fixed and floating charges: some problems of priority

Principles of priority at common law
The impact of legislation
Priority of competing security interests
Competition between a fixed consensual security interest and other types of interest
Ranking of the floating charge
Waiver of a security interest
Subordination of a security interest
The after-acquired property clause and the subsequent purchase-money security interest
Impact of insolvency on a security interest
Some typical priority problems outside insolvency

Security interests in corporate investment securities