Subjects:

Banking and Finance, Commercial Law

Contents:

An introduction to modern factoring of debts - its origins and structure.

The application of factoring to modern business.

The factor's relations with the client.

The factor's relations with the debtors.

Mutual reviews: the factor and the client.

International factoring.

The legal structure of factoring and transfer of ownership of the debts.

The effect of notice to the debtor and conflicts with third parties.

Set-off and the debtor's countervailing rights.

The factoring agreement - payment to the client by the factor and other terms.

Insolvency and the client.

Special considerations for international factoring.

The factor's use of company charges.

Factoring combined with credit insurance.

Appendices

Salinger on Factoring is renowned for its highly practical approach to the law and practice relating to factoring and invoice finance. It discusses the various forms, uses, and methods by which factoring can help businesses, and offers detailed coverage of the legal background in which such services operate.

This new edition considers all developments to the law and practice of factoring since the publication of the third edition in 1999. In particular, it includes an expanded section on changes to insolvency law under the Enterprise Act 2002, new material on data protection, and coverage of Limited Liability Partnerships. It also examines important developments in case law, most notably the Brumark decision.

• New edition of a popular and authoritative treatment of the subject - Freddy Salinger is a leading figure in the factoring industry
  
• Fully revised and updated - examining changes in all areas of law relevant to factoring
  
• Highly practical text presenting solutions to the problems of daily practice