Business / Commercial Law

Secured Credit and the Harmonisation of Law The UNCITRAL Experience

By Gerard McCormack
Edward Elgar Publishing June 2011

Specifications

ISBN-13
9781849803977
Publisher
Edward Elgar Publishing
Publication
June 2011
Format
Hardback , 224 pages
Jurisdiction
International ? Countri(es) for reference only

Details

This is a discerning analysis of international harmonisation efforts for secured credit law and examines the role of globalisation and finance capital in shaping such efforts.

Gerard McCormack reveals how an ‘efficient’ law is often seen to increase the availability, and lower the cost, of credit, thereby contributing to international development. He considers whether the most comprehensive international standard – the United Nations Commission on International Trade Law (UNCITRAL) Legislative Guide (2008) – is actually suitable for adoption at the national level. In particular, he examines the hypothesis that American law and lawyers have shaped the content of the Guide to the extent that it is not suitable for translation into other laws.

This book will be of great interest to practitioners, policymakers and academics, as well as students, particularly postgraduate students, of law and business throughout the world.

Table of Contents

Contents:
1. Introduction
2. The Case for Harmonising and Modernising the Law of International Trade
3. Harmonising and Modernising Secured Transactions Law
4. National Models and Replication Across International Frontiers - Article 9 of the American Uniform Commercial Law and the English Common Law
5. International Harmonisation Efforts Before the UNCITRAL Legislative Guide
6. The UNCITRAL Secured Transactions Guide
7. The Insolvency Legislative Guide
8. Conclusion Index

About the Author

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

Reviews

‘Secured Credit and the Harmonisation of Law is a super read, thorough, multi-faceted and supremely intelligent. It is written in Professor McCormack’s usual fluent and accessible style and even the most hard-bitten professional will find the work, theoretical aspects and all, highly engaging.’
– Sandra Frisby, INSOL World

‘This is a very timely book that addresses an important subject, namely, attempts to harmonise the law governing secured transactions. The focus is on UNCITRAL and its Legislative Guide on Secured Transactions. Professor McCormack has written a provocative book that challenges existing orthodoxy. It is a stimulus for critical thinking and is essential reading for those interested in the subject. It also provides an informed account of the workings of UNCITRAL, contains much valuable material on harmonisation and uniformity, and displays a thorough grounding in the theoretical literature.’
– Michael Bridge, London School of Economics, UK

‘Professor McCormack has taken the challenge to write a truly original book about secured transactions, which is rather good news when so many publications seem to rehash the same ideas. He is not afraid to tackle questions usually ignored by lawyers, such as the political aspects of harmonisation of law. This should challenge all involved to seriously re-examine the premises on the basis of which they work.’
– Frederique Dahan, European Bank for Reconstruction and Development

Out of stock
This title is currently unavailable for purchase.
  • Free HK shipping over HK$1,000
  • International shipping to 35+ countries

Recommended

You may also be interested in these books:

More titles from Business / Commercial Law

View all