I. The Nature and Forms of Consenual Security
- The Purposes of Security
- The Concept of Security
- The Classification of Security
- What Constitutes a Security Interest
- The Forms of Consensual Security
- The Permissible Objects of Security
- Accretions to the Security
- Derivative Security Interests
- The Scope of Secured Obligations
- The Negative Pledge
- The Subordination Agreement
- Sale of Participation in Loan Assets
II. Attachment and Perfection of a Security Interest: General Considerations
- Principles of Attachment
- Perfection of a Security Interest
- Registration under s.859A of the Companies Act 2006
- The Specialist Registers
- Proposals for Reform
III. Attachment, Perfection and Effects of Fixed Security in Non-Documentary Receivables
- Introduction
- Characterisation and Forms of Security
- Attachment of Security Interest in Receivables
- Perfection of Security Interest in Receivables
- Rights Acquired by the Assignee
- Legal Impediments to the Creation of Security over a Receivable
IV. The Floating Charge
- The Conception of the Floating Charge
- Fixed Charge versus Floating Charge
- Shifting Assets: Control Techniques
- Crystallisation of a Floating Charge
- De-Crystallisation and Re-Crystallisation
- Enforcement of the Security
- The Future of the Floating Charge
V. Fixed and Floating Charges: Some Problems of Priority
- Introduction
- 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 Clauseand the Subsequent Purchase-Money Security Interest
- Impact of Insolvency on a Security Interest
- Some Typical Priority Problems Outside Insolvency
VI. Interests in Financial Collateral
- Introduction
- Types of Financial Collateral
- Methods of Holding Securities
- The Nature of the Account Holder's Interest in Intermediated Securities
- The Settlement Finality Directive and the Financial Collateral Directive
- Interests in Financial Collateral created by Title Transfer
- Security Interests in Financial Collateral
- Rights of Use
- Enforcement
- Cross-border Security and the Conflict of Laws
VII. Set-Off: Netting and Abatement
- Set-Off: Nature, Classification and Development
- Contractual Set-Off and Netting
- Current Account Set-Off
- Independent (Statutory) Set-Off
- Transaction (Equitable) Set-Off
- Abatement
- The Effect of Assignment on Independent and Transaction Set-Off
- Other Aspects of Independent and Transaction Set-Off
- Insolvency Set-Off: General Principles
- Insolvency Set-Off: Special Situations
VIII. Some Aspects of Suretyship Law
- General Principles
- Bankruptcy
- Vulnerability of Guarantee as Transaction at Undervalue