Secured finance law in China and Hong Kong / Mark Williams, Lu Haitian and Ong Chin Aun.

Format:

Book

Author/Creator:

Williams, Mark (Solicitor), author.

Lu, Haitian, author.

Ong, C. A., author.

Language:

English

Subjects (All):

Security (Law)--China.

Security (Law).

Security (Law)--China--Hong Kong.

China--Hong Kong.

China.

Physical Description:

1 online resource (xxx, 419 pages) : digital, PDF file(s)

Other Title:

Secured Finance Law in China & Hong Kong

Place of Publication:

Cambridge : Cambridge University Press, 2010.

System Details:

text file

PDF

Summary:

This book examines systematically the current systems of secured lending in China and Hong Kong, where companies or individuals offer personal property as security for credit advanced by a lender. Valid and enforceable security reduces the risk to the lender and so lowers the cost of credit to the borrower. However, the Hong Kong system, being largely derived from English law, is highly complex and in need of root-and-branch reform. The forces of inaction have triumphed and valuable opportunities to create a modern, rational and efficient system have been squandered. In China, on the other hand, a completely new system has been created in the last twenty years which, whilst it has various problems and defects, has some notable advantages over the common law equivalent found in Hong Kong.

Contents:

Introduction

Security over tangible personal property

Security over intangible personal property

Company security over personal property

Hire-purchase, leasing and conditional sale of tangible personal property

Priority of security interests over personal property

Enforcement, and creditor's remedies

Conclusion.

Notes:

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Other Format:

Print version:

ISBN:

9780511776960

Access Restriction:

Restricted for use by site license.