Jonathan Hardman, A Practical Guide to Granting Corporate Security in Scotland

Author
DOI10.3366/elr.2019.0559
Published date01 May 2019
Date01 May 2019
Pages284-285

Conventional wisdom dictates that one should not judge a book by its cover, but here is a book which does exactly what it says on the cover: it provides an excellent practical guide to the granting of corporate security in Scotland, with the emphasis on “the obligational implications and drafting usually required in Scots law security documents” (2).

The introduction clearly sets out the scope of the book, including what is covered and what is not; why; and underlying assumptions. The book is concerned primarily with the grant of securities by companies, especially private companies, but also covers limited partnerships and limited liability partnerships. It is divided into three parts: Part I deals with capacity of Scottish vehicles to grant security, and includes chapters on constitutional ability, action required to approve and binding the vehicle; Part II deals with the Scots law of security and includes chapters on general security considerations, the floating charge, fixed security over moveables, fixed...

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