Now in its sixth edition, Lingard is the leading textbook on bank security documents. Widely cited, this is a core resource for both banking lawyers and restructuring and insolvency lawyers, in private practice or in-house, bankers dealing with security documents or recovery situations and insolvency practitioners. It covers all aspects of the subject matter in detail, including chapters on guarantees and third-party charges, facility letters, the debenture, fixed and floating charges and covenants, and covers security documents for land, shares, life policies, contracts, goods and money.
The sixth edition is fully revised and updated to take account of all the latest developments, including the Supreme Court decisions in Eurosail, Re Nortel and Re Kaupthing Singer & Friedlander and contains a detailed discussion of the new company charges registration regime introduced by the Companies Act 2006 (Amendment of Part 25) Regulations 2013
It includes an accompanying CD of precedents, which can be adapted to your house style.
The creation of Security; Preliminary steps; Minutes; Registration and other formalities; Commercial benefit: guarantees and third-party charges; Facility letters; Inherent defects; The debenture; The covenant to pay; Fixed charges; Floating charges; Covenants and miscellaneous clauses; Enforcement; The composite guarantee and debenture and syndication clauses; Guarantees and other security documents; Guarantees and third-party charges; Land; Shares; Life policies and contracts; Goods; Money; Miscellaneous; Specimen security documents; Debenture; Composite debenture; Guarantee (Individual); Guarantee (Company); Legal charge of freeholds and/or leaseholds; Charge over shares; Letter of pledge; Trust receipt; Letter of hypothecation and lien; Priorities deed; Appendix; Index