International Secured Transactions Law
Facilitation of Credit and International Conventions and Instruments
By Orkun Akseli
Routledge – 2011 – 344 pages
This book focuses on international harmonisation and the law of secured transactions by distilling and analysing the unifying principles of various significant international conventions and instruments such as the UN Convention on the Assignment of Receivables, the Unidroit Convention on International Factoring, the EBRD Model Law on Secured Transactions, the Unidroit Convention on the International Interests in Mobile Equipment and the UNCITRAL Legislative Guide on Secured Transactions.
International secured transactions conventions and instruments facilitate credit and promote economic activity through the creation of harmonised rules. Therefore, given the increasing globalisation of markets, international reform efforts for the harmonised modernisation of secured transactions law have gained pace over recent years. International Secured Transactions Law draws on experiences in both English and US laws in order to identify and illustrate the existing problems that need to be addressed, as well as identify potential solutions.
International Secured Transactions Law will be of interest to scholars, students interested in international commercial law, corporate law or comparative secured transactions, and practitioners involved in international commercial transactions.
"The book should be considered essential reading for anyone within this area of law. Dr Akseli does an excellent job of considering the key issues within the secured transactions world and does so with a high level of insight and sources."
Anjanette H. Raymond, Assistant Professor at Indiana University, USA, writing for Uniform Law Review, 2011
"Overall this is a useful book, which demonstrates a considerable breadth and depth of knowledge and understanding of both security interests and IST regimes"
Sean Thomas, Legal Studies, 2012
Introduction 1. Secured Credit and Fundamental Principles of International Instruments 2. Harmonisation of Secured Transactions Law in Context 3. Scope of Applicability and Party Autonomy 4. Creation of Security Rights 5. Effectiveness of Security Interests against Third Parties 6. Priority of Security Interests 7. Acquisition Financing Devices 8. Choice of Law Issues Conclusion
Dr Orkun Akseli is a Senior Lecturer at the Durham University, UK. His primary research areas are Secured Transaction, Corporate Law, and Commercial Law. He has published research in each of these areas.