Secured Transactions in Personal Property in Canada
Author: Richard H. McLaren
Publisher:
Published: 1989
Total Pages:
ISBN-13: 9780459339814
DOWNLOAD EBOOKRead and Download eBook Full
Author: Richard H. McLaren
Publisher:
Published: 1989
Total Pages:
ISBN-13: 9780459339814
DOWNLOAD EBOOKAuthor: Chima Williams Iheme
Publisher: Springer
Published: 2016-08-16
Total Pages: 305
ISBN-13: 331941836X
DOWNLOAD EBOOKThis book offers a valuable guide to one of the most challenging areas of commercial law, now frequently referred to as secured transactions, with a focus on Nigerian, Canadian and United States perspectives. A debtor’s ability to provide collateral influences not only the cost of the money borrowed, but also in many cases, whether secured lenders are willing to offer credit at all. The book proposes that increasing access to, and indeed, lowering the cost of credit could tremendously boost economic development, while at the same time arguing that this would best be achieved if the legal framework for secured transactions in Nigeria, and of course, any other country with similar experiences, were designed to allow the use of personal property and fixtures to secure credit. Similarly, the creation, priority, perfection, and enforcement of security interests in personal property should be simplified and supported by a framework that ensures that neither the interests of secured lenders nor debtors are hampered, so as to guarantee the continuous availability of affordable credit as well as debtors’ willingness to borrow and do business. The book further argues that in addition to the obvious preference for real property over personal property by secured lenders due to the unreformed secured-transactions legal framework in Nigeria, its compartmentalized nature has also resulted in unpredictability in commerce and the concomitant effects of poor access to credit. Through the comparative research conducted in this book utilizing the UCC Article 9 and Ontario PPSA as benchmarks, the author provides reformers with a repository of tested secured-transactions law solutions, which law reformers in the Commonwealth countries in Africa and beyond, as well as the business community will find valuable in dealing with issues that stem from secured transactions.
Author: BRUCE. MACDOUGALL
Publisher:
Published: 2019
Total Pages:
ISBN-13: 9780433501589
DOWNLOAD EBOOKAuthor: Richard H. McLaren
Publisher:
Published: 1989
Total Pages:
ISBN-13: 9780459339814
DOWNLOAD EBOOKAuthor: William D. Warren
Publisher:
Published: 2007
Total Pages: 712
ISBN-13:
DOWNLOAD EBOOKAuthor: Ronald C. C. Cuming
Publisher: Essentials of Canadian Law
Published: 2012
Total Pages: 813
ISBN-13: 9781552212998
DOWNLOAD EBOOKThis book examines the legal framework for secured credit set out in the Personal Property Security Act. This second edition updates the area of personal property security law in Canada with new caselaw, including some important SCC cases clarifying the law or providing the conceptual basis for its further amplification.
Author: Robert L. Jordan
Publisher:
Published: 1987
Total Pages: 590
ISBN-13:
DOWNLOAD EBOOKAuthor: Louise Gullifer
Publisher: Bloomsbury Publishing
Published: 2016-10-20
Total Pages: 600
ISBN-13: 1509903127
DOWNLOAD EBOOKSecured transactions law has been subjected to a close scrutiny over the last two decades. One of the main reasons for this is the importance of availability of credit and the consequent need to reform collateral laws in order to improve access to finance. The ability to give security effectively influences not only the cost of credit but also, in some cases, whether credit will be available at all. This requires rules that are transparent and readily accessible to non-lawyers as well as rules that recognise the needs of small and medium-sized enterprises. This book critically engages with the challenges posed by inefficient secured credit laws. It offers a comparative analysis of the reasons and the needs for a secured transactions law reform, as well as discussion of the steps taken in many common law, civil law and mixed law jurisdictions. The book, written under the auspices of the Secured Transactions Law Reform Project, informs the debate about reform and advances novel arguments written by world renowned experts that will build upon the existing literature, and as such will be of interest to academics, legal practitioners and the judiciary involved in secured transactions law around the world. The text considers reform initiatives that have taken place up to the end of April 2016. It has not been possible to incorporate events since then into the discussion. However, notable developments include the banks decree passed by the Italian Government on 29th June 2016, and the adoption of the Model Law on Secured Transactions by UNCITRAL on 1st July 2016.
Author: Heywood W. Fleisig
Publisher: World Bank Publications
Published: 2006
Total Pages: 120
ISBN-13: 082136491X
DOWNLOAD EBOOKMost readers, especially those with car loans or home mortgages, know about "collateral"--property that the lender can take away from the borrower in the event that the borrower defaults. In low/middle income countries, it is understood that conservative lenders exclude firms from credit markets with their excessive collateral requirements. Usually, this is because only some property is acceptable as collateral: large holdings of urban real estate and, sometimes, new motor vehicles. Microenterprises, SMEs, and the poor have little of this property but they do have an array of productive assets that could easily be harnessed to serve as collateral. It is only the legal framework which prevents firms from using these assets to secure loans. In countries with reformed laws governing collateral, property such as equipment, inventory, accounts receivable, livestock are considered excellent collateral. This book aims to better equip project managers to implement reforms to the legal and institutional framework for collateral (secured transactions). It discusses the importance of movable property as a source of collateral for firms, the relationship between the legal framework governing movable assets and the financial sector consequences for firms (better loan terms, increased access, more competitive financial sector), and how reforms can be put in place to change the lending environment.
Author: Eva-Maria Kieninger
Publisher: Cambridge University Press
Published: 2004-08-26
Total Pages: 827
ISBN-13: 1139454757
DOWNLOAD EBOOKFor every transnational lawyer, it is vital to know the differences between national secured transactions laws. Since the applicable law is determined by the place where the collateral is situated, it may change when movables are brought from one state to another. Introductory essays from comparative lawyers set the scene. The book then presents a survey of the law relating to secured transactions in the member states of the European Union. Following the Common Core approach, the national reports are centred around fifteen hypothetical cases dealing with the most important issues of secured transactions law, such as the creation of security rights in different business situations, the relationship between debtor and secured creditor, the nature of the creditor's rights and their enforcement as against third parties. each case is followed by a comparative summary. A general report evaluates the possibilities of European harmonisation in the field of secured transactions law.