Secured Finance Transactions: Key Assets and Emerging Markets

Security interests - charges, mortgages, pledges — are an integral feature of contemporary financing transactions. While they are most commonly employed as a means of credit support for corporate loans, security interests also perform a vital role in asset finance, project finance, securitisation and structured finance transactions.

This new title takes a practical approach to security interests and has been designed with the practitioner in mind. With contributions from leading experts, Secured Finance Transactions: Key Assets and Emerging Markets provides an indispensable guide to important legal developments in the field of secured finance, the taking of security interests over key business assets, the legal framework for security interests in emerging markets and innovations in credit risk management.

Featuring 15 chapters, the book provides a practitioner-oriented perspective on fixed charges over circulating assets, the role of the security trustee and the prospects for reform of the English personal property security regime. The book also examines the use of security interests to support derivatives and private equity transactions and the taking of security interest over aircraft, bank accounts, cross-border receivables, intellectual property and ships. Guidance is also provided on secured finance transactions in Brazil, China, the Czech Republic, Mexico, Poland and Russia and the use of credit derivatives to manage credit risk.