Goode on Legal Problems of Credit and Security

The new fourth edition of this highly acclaimed work provides a penetrating explanation of the law and regulation of credit and security. Regularly cited in courts and in legal literature, it explores the fundamental concepts of common law and equity as they affect secured transactions. Its rigorous analysis brings clarity to complex, technical areas. By showing accurately how underlying principles apply to different transactions it helps avoid misunderstanding and disputes. Given the increased activity in complex lending and credit arrangements, the new edition is more relevant than ever for an understanding of the essential law relating to secured transactions. - Provides unambiguous interpretation of legal principles - Identifies problem areas and offers clear solutions - Outlines the different forms that credit and security can take - Defines how security can be applied as part of a credit agreement - Explains key concepts such as attachment, set-off, fixed and floating charges - Brought up to date in line with developments in the insolvency rules - Considers the plethora of recent case law, including the Spectrum and Leyland Daf decisions - Considers the Law Commission’s proposals for reform in Report No. 296 - Examines legislative developments such as the Consumer Credit Act 2006 and EU Directives - Addresses the legal implications of changes in the securities market