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The chapter gives a high level overview of the lending market, forms of security over assets and guarantees. It covers creation and registration requirements for security interests; problem assets over which security is difficult to grant; risk areas for lenders; structuring the priority of debt; debt trading and transfer mechanisms; agent and trust concepts; enforcement of security interests and borrower insolvency; cross-border issues on loans; taxes; and proposals for reform.
The chapter is available here.
Authors: Atle Gabrielsen, Atle Stensrud and Martin Gunnheim
Publisher: Thomson Reuters
Thomson Reuters publishes articles and magazines in several disciplines to provide lawyers and others insight into various legal issues across national borders.