Matteo Clarkson-Maciel has co-authored an article titled “The Excluded Asset Gap: Why Floating Charges Capture Realizations of Unsecured Assets,” published by the Butterworths Journal of International Banking and Financial Law (JIBFL).
Writes JIBFL:
Will the proceeds of the sale of an asset, excluded from the scope of a floating charge, be captured by that charge when sold by an insolvency practitioner? In this article the authors consider the default position under general law in relation to this issue and what parties should do to ensure their intentions are appropriately reflected when formulating security packages.
JIBFL offers authoritative insights into global banking and financial law, providing essential updates for legal practitioners and policymakers.
Read the full article here. (Subscription required.)