Full Description
For the student who wishes to understand law as it is practised in a modern financial context, Finance Law offers the only up-to-date university-level textbook which explains legal principles as they are applied in today's advanced financial transactions.
Essential for any student or researcher seeking an introduction to this complex and fast-moving world, this text:
is based on the author's extensive teaching experience in finance law
covers the modern form of credit facilities agreements, security, syndication, securities and securitization, derivatives, and payment and clearing systems
is packed with interesting case studies, including the Mozambique Tuna Bond Scandal, the takeover of Manchester Utd plc, and the securitization of student loans
motivates study with theoretical discussions and historical contextualisation
explains key transaction structures, such as investment grade lending to groups, intercreditor agreements, interest rate swaps, and multilateral payment systems
grants insight into key legal principles and structuring applicable to trillion dollar deals across the globe
is written by a structured finance practitioner and academic with extensive post-qualification experience of advising lenders, corporate borrowers and sovereigns on international finance
Designed for final-year undergraduates and LLM students, Finance Law is not only the perfect accompaniment to any finance module, but can support any advanced programme on insolvency law, mergers and acquisitions (M&A), corporate governance, international economic law and more.
Contents
1. Money and Debt: some Theoretical Considerations 2. Credit Facilities Agreements 3. Security I: Basic Principles and Fixed Security 4. Security II: Floating Security and Secured Finance 5. Commercial Lending to Sovereigns 6. Syndication 7. Leveraged Buyouts 8. Securities and Securitization 9. Derivatives 10. Payment Systems and CCPS