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  • Marshalling of Securities: Equity and the Priority-ranking of Secured Debt

    Marshalling of Securities by Ali, Paul;

    Equity and the Priority-ranking of Secured Debt

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      • Publisher's listprice GBP 367.50
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    165 926 Ft

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    Product details:

    • Publisher OUP Oxford
    • Date of Publication 24 June 1999

    • ISBN 9780198268659
    • Binding Hardback
    • No. of pages260 pages
    • Size 253x176x19 mm
    • Weight 602 g
    • Language English
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    Short description:

    This book seeks to provide an extensive analysis of the equitable doctrine of marshalling in the way that it applies to secured debt. There is detailed and systematic reference to the application of marshalling in the United Kingdom, in particular the conditions that must be satisfied before marshalling will assist a secured creditor and the limitations imposed on its effective operation. There is also substantial comparative material with extensive analysis of Commonwealth law and selected US authorities. This book will appeal equally to those specialists working in equity, banking and finance law and to commercial lawyers more generally.

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    Long description:

    This book provides an extensive analysis of the equitable doctrine of marshalling as it applies to secured debt. There is detailed and systematic reference to the application of marshalling in the United Kingdom, in particular the conditions that must be satisfied before marshalling will assist a secured creditor and the limitations imposed on its effective operation. There is also substantial comparative material, with extensive analysis of Commonwealth law and selected US authorities. This book will appeal equally to those specialists working in equity, finance and insolvency law and to commercial lawyers more generally.

    A well-researched monograph, which covers its subject comprehensively and written in a style which is both scholarly and readable... illustrates admirably the kind of topic which postgraduate students should be encouraged to choose for a doctoral thesis.

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    Table of Contents:

    Preface
    Table of Cases
    Table of Legislation
    PART 1. INTRODUCTION
    Introduction
    PART II. GENERAL PRINCIPLES: HISTORY AND OPERATION OF MARSHALLING OF SECURITIES
    The History of the Equitable Doctrine of Marshalling of Securities
    How does Marshalling work?
    PART III. GENERAL PRINCIPLES: JURIDICAL NATURE OF MARSHALLING OF SECURITIES
    Marshalling of Securities and the Law of Subrogation
    Marshalling of Securities and other Equitable Doctrines and Remedies
    The Rationale for Marshalling of Securities
    PART IV. PRE-REQUISITES OF MARSHALLING OF SECURITIES
    Marshalling of Securities and the Common Debtor Rule
    Exception to the Common Debtor Rule
    Marshalling of Securities and the Requirement of Proprietary Securities
    PART V. LIMITATIONS ON MARSHALLING OF SECURITIES
    Marshalling of Securities and the Rights of Unsecured Creditors
    Marshalling of Securities and Third Parties
    Covenants Against Marshalling and Other Contractual Constraints
    Bibliography
    Index

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