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This book examines international harmonisation and the law of secured transactions. International reform efforts to harmonise and modernise secured transactions law have gained pace with the globalisation of markets.
Harmonised modernisation of secured transactions law is said to facilitate credit and promote economic activity by creating predictable rules. The book distils unifying principles of and considers relevant issues under international conventions on the assignment of receivables, international factoring, international interests in mobile equipment, EBRD Model Law on Secured Transactions, and the UNCITRAL Legislative Guide on Secured Transactions.
The book makes comparisons of international instruments by using the English and US laws to identify and illustrate problems with the current systems that need to be addressed and offers possible solutions.