Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
  1. Home
  2. Books
  3. Secured Credit under English and American Law
  • Cited by 18
Publisher:
Cambridge University Press
Online publication date:
July 2009
Print publication year:
2004
Online ISBN:
9780511494789
DOI:
https://doi.org/10.1017/CBO9780511494789
Subjects:
Corporate Law, Law, Private Law
Series:
Cambridge Studies in Corporate Law (3)
Information

Book description

Secured Credit drives economic activity. Under English Law it is possible to create security over almost any asset, but the law is widely considered to be unsatisfactory for several reasons, including a cumbersome registration system, a preoccupation with formalistic distinctions and the lack of clear and rationally-determined priority rules. Gerard McCormack examines the current state of English law highlighting its weaknesses. He uses Article 9 of the American Uniform Commercial Code as a reference point: this Article has successfully serviced the world's largest economy for over 40 years and is increasingly used as the basis for legislation by Commonwealth jurisdictions including Canada and New Zealand. The Law Commission has suggested the enactment of similar legislation in England. In addition, McCormack considers if there really is a case for the priority of secured credit, as well as if there are other international models to draw upon. Contains the text of Article 9.

Reviews

'One of the many attractions of Secured Credit under English and American Law is that it provides a single source from which to gauge and evaluate the current controversies in a complex area of law. It is a straightforward comparative guide to the complex subject of English and American credit and security laws with a clear explanation of the law and a practical guidance on its implementation. It is highly recommended and is essential for anyone interested in this branch of law to read and make use of this valuable piece, which explores and compares fundamental concepts of secured credit under English and American law.'

Source: Journal of International Trade Law & Policy

'… excellent … This is surely his finest work … The book is direct in focus, solid in research, and simple in language. It is a must-read.'

Source: India Law & International Resources

'… a timely book …this is a useful book … This is the first book that considers English and American law on secured credit at some length.'

Source: Journal of International Banking Law and Regulation

Refine List

Actions for selected content:

Select all | Deselect all
  • View selected items
  • Export citations
  • Download PDF (zip)
  • Save to Kindle
  • Save to Dropbox
  • Save to Google Drive

Save Search

You can save your searches here and later view and run them again in "My saved searches".

Please provide a title, maximum of 40 characters.
Cancel
×

Contents

Contents

Metrics

Altmetric attention score

Full text views

Total number of HTML views: 0
Total number of PDF views: 0 *
Loading metrics...

Book summary page views

Total views: 0 *
Loading metrics...

* Views captured on Cambridge Core between #date#. This data will be updated every 24 hours.

Usage data cannot currently be displayed.