LAW7014 - Secured finance and related transactions
6 points, SCA Band 3, 0.125 EFTSL
Postgraduate Faculty of Law
Leader: Professor Michael Bridge
Not offered in 2008
This subject will cover the concepts of secured finance in Anglo-Australian law. It will examine the legal incidents of the mortgage, charge, pledge and lien and the legal consequences of this conceptual classification of transactions. It will also consider related transactions such as set-off, flawed asset arrangements, retention of title clauses, various forms of guarantees and letters of comfort. Current legal issues in a range of security and quasi-security transactions such as floating charges and fixed charges will be dealt with as well as some discussion of priorities, disputes under the current system and posssible directions for reform of the existing law.
Upon completion of this subject students should
Research paper (3750 words): 50% , Take-Home Examination (3,000 words): 40%, Class participation: 10%