Liens and Collaterals in UK Law
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Notes on the salient features of tax liens under Ethiopian law
... ... 3, Proclamation No. 693/2010. See also news reports, Capital, English Business Weekly, ‘ Swift Legislation Orders Banks to ensure Collaterals are free from Tax Dues’ , November 21, 2010 and Awramba Times, Amharic Weekly, ‘Tax is To be Charged on Windfall Gains’ , Hidar 11/2003 E.C ... ...
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Chapter 1: Insolvency Mechanisms and the Operation of Shipping Companies
... ... arising out of the operation of the ship, through the recognition of liens, is currently subject to severe criticism, due to technical advances and ... lender is entitled, under the contract, to demand additional collaterals ... The second weakness, which is ... ...
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Chapter 4: Cross-Border Insolvency Law
... ... In the creditors' ranking, after senior creditors come second liens, followed by mezzanine and high yield debt. Creditors holding this last ... In essence, using collaterals is the reverse of the pari passu principle. This is why it is sometimes ... ...
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Rethinking Ethiopian Secured Transactions Law through comparative perspective: lessons from the Uniform Commercial Code of the US
Various countries have reformed their secured transaction laws recognizing the significance of modern secured transactions law in enhancing access to credit and economic development. Ethiopia has n...... ... of security rights, the organization of registry of collaterals, and others are not addressed in this article. Furthermore, this article ... transactions law, the indiscernible statutory privileges and liens cause great deal of inefficiency. Due to lack of a single statute defining ... ...
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Reforming Non‐Possessory Secured Transactions Laws: A New Strategy?
Non‐possessory secured transactions are key components of market economies. National and international legal reform projects have been advanced to further their use and broaden access to credit. Ye...... ... A priority might be established through contractual liens, company charges, or chattel mortgages on operational equipment ... interests, ie, when cash or financial instruments are used as collaterals, are regulated by the Directive 2002/47/EC (OJ L168, 43); on financial ... ...
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Chapter 3: Opening of Cross-Border Insolvency Proceedings
... ... are invariably involved through a web of guarantees and collaterals. Additional legal grounds for substantive consolidation can be found in ... of actions, the determination of the validity, extent and ranking of liens and securities, orders approving the use, lease or sale of property, ... ...
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Chapter 12: Norms and Transfer Taxes
... ... classes of legatees (i.e., spouse, descendants, ancestors, collaterals, and nonrelatives), with decreasing exemptions (and increasing rates) as ... See id ... § 6324 (liens and transferee liability for estate and gift tax) ... ...
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