- Intermediate/Introductory
In the current economic climate it is essential for lawyers in commercial practice to understand the options with regard to security for lending, whether you are advising the lender or acting for the borrower.
This course examines legal and practical considerations in relation to credit and security, including formalities, enforcement, individual guarantors, the position of spouses and insolvency.
Areas covered are:
- Types of credit
- Non-corporate borrowers
- Regulation and formalities
- Recent issues of enforceability
- Forms of security
- Debentures
- Standard forms of debenture
- Charges
- Perfection and registration
- Enforcement
- Corporate guarantees, including corporate benefit and other legal issues
- Individual guarantors, issues of advice
- Other forms of security
- Spouses and legal charges on the matrimonial home
- Insolvency
- Of the borrower
- Of the surety