The Law of Security and Title-Based Financing by Hugh Beale, 3rd Edition, explores the critical area of personal property security in commercial law. This comprehensive guide delves into traditional methods of securing debts on property other than land, including mortgages, charges, and pledges. It explains how these forms of security are established, the registration requirements (or ‘perfection’) necessary for their validity, and the rights and obligations of all parties involved. The book also covers the enforcement procedures in cases where debt repayment is not made.

Updated to reflect recent legal developments, this third edition includes a multitude of new case studies on key topics such as control over financial collateral, relief against forfeiture under financial collateral arrangements, retention of title (with an emphasis on extended clauses), estoppel and its relationship with the HPI register, set-off against assignees, various enforcement cases, equitable liens, solicitor’s liens, databases, priority or purchase money security interests, and the Irish Supreme Court decision on floating charges and crystallization. Additionally, it analyzes significant legislative changes, notably the 2013 amendments to the Companies Act 2006 Part 25, and addresses post-ratification issues related to the Cape Town Convention.

Offering a thorough treatment of both traditional security over personal property and modern devices that serve similar economic functions (such as retention of title and sales of receivables), this indispensable reference is highly valued by practitioners and academics alike. It remains a go-to resource for anyone needing deep insights into the complexities of security interests in commercial transactions.