Goode and Gullifer on Legal Problems of Credit and Security clearly explains the fundamental concepts of common law and equity as they affect secured transactions.
This book, now in its 6th edition, provides a thorough yet concise explanation of the law of credit and security enabling the reader to understand how the underlying principles apply to different transactions.
Edited by Louise Gullifer, the book defines how security can be relied upon as part of a credit agreement and explain key concepts such as attachment, set-off, fixed and floating charges and financial collateral.
Goode and Gullifer on Legal Problems of Credit and Security:
- Explores the fundamental concepts of the law affecting secured transactions
- Illuminates the law of credit and security so that complex, technical areas can be more readily understood
- Outlines the different forms that credit and security can take
- Provides deep analysis of the legal principles where the law is unclear
- Addresses the legal implications of changes in the organisation of the credit and security market
- Covers case law and legislative developments as well as international conventions and European Community Directives
New to the Sixth Edition:
- New discussion of taking security over electronic assets, such as electronic bills of lading and bitcoin
- The now ratified Cape Town Convention on International Interests in Mobile Equipment, and the International Interests in Aircraft Equipment (Cape Town Convention) regulations 2015
- New discussion of many areas of the law taking account of recent developments, including taking security interests over receivables, champerty, tacking, the operation of anti-assignment clauses, set-off and financial collateral.
- Discussion of many important recent cases, such as the Supreme Court decisions in the Lehman Waterfall case (insolvency set-off) and Southern Pacific Mortgages Ltd v Scott (priority), the Irish Supreme Court decision in Re JD Brian Ltd (In Liquidation) (automatic crystallization clauses), Bibby Factors Northwest Ltd v HFD Ltd (equitable set-off) and the CJEU decision in Private Equity Insurance Group SIA v Swedbank AS (financial collateral).