Salinger on Factoring is renowned for its highly practical approach to the law and practice relating to factoring and invoice finance.
It discusses the various forms, uses, and methods by which factoring can help businesses, and offers detailed coverage of the legal background in which these services operate.
It combines a clear explanation of the law with practical guidance on its implementation.
- Looks at the origins and nature of modern factoring
- Explains the relationship between factor and debtors, including collection procedures and legal remedies when collection procedures fail
- Examines international factoring
- Goes through the legal structure of factoring, the provisions of factoring agreements and the types of agreement commonly used
- Considers conflicts with third parties
- Examines set-off and the countervailing rights of the debtor
- Considers the rights and obligations of the factor when clients become insolvent
- Covers the use of credit insurance and its potential effect on the terms of the factoring agreement and the policy of insurance
- Includes a glossary of terms and a selection of sample documents
