Readership: Solicitors, barristers and academics advising on/working in corporate finance and insolvency. Will be of interest to in-house teams at banks and other lenders.
Joshua Getzler, Fellow and Tutor, St Hugh's College, Oxford, and Jennifer Payne, Travers Smith Lecturer in Corporate Finance Law, University of Oxford, and Fellow of Merton College, Oxford
""this work will find its audience in reformers of laws on corporate insolvency, security and personal property, and with others not engaged in law reform, but who are interested in it - be they in England, Australia or elsewhere"
" - Sydney Law Review
""...[A] collection of essays by a distinguished group of academics and practitioners with great experience in this area....This is an important book. It explores the main issues concerning fixed and floating charges with which we are currently faced. It provides overwhelming support for the proposition that the artificial, uncertain and expensive distinction drawn by insolvency law between fixed and floating charges needs to be abolished."
" - Richard Calnan, Law Quarterly Review
Lord Millett: Foreword
The Editors: Preface
1: Gabriel Moss: Fictions and Floating Charges: Some Reflections on the House of Lords' Decision in Spectrum
2: Sir Roy Goode: The Case for the Abolition of the Floating Charge
3: Sarah Worthington: Floating Charges: The Use and Abuse of Doctrinal Analysis
4: Louise Gullifer and Jennifer Payne: The Characterization of Fixed and Floating Charges
5: Nicholas Frome and Kate Gibbons: Spectrum: An End to the Conflict or the Signal for a New Campaign?
6: Philip R Wood: A Review of Brumark and Spectrum in an International Setting
7: Robert Stevens: Security After the Enterprise Act
8: Look Chan Ho: The Debenture-Holder's Liability in Unjust Enrichment after Spectrum
9: John Armour: Should We Redistribute in Insolvency?
10: Joshua Getzler: The Role of Security over Future and Circulating Capital: Evidence from the British Economy circa 1850-1920
11: Julian Franks and Oren Sussman: The Economics of English Insolvency: Some Recent Developments
12: Michael Bridge: The Law Commission's Proposals for the Reform of Corporate Security Interests