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The object of this book is to assist those who draft retention of title clauses to do so in such a way as to prevent the seizure of their goods by a receiver. It is a practical book written primarily for businessmen, their accountants and legal advisers, in a language which can be readily understood. It can profitably be read by laywers. Receivers and liquidators would also be well advised to study what the author has to say about ways in which they can become personally liable without having a right of indemnity from the assets of the company of the debenture holders who appointed them.
This book investigates the legal mechanisms required to draft effective retention of title clauses that protect a supplier's goods from seizure during corporate insolvency. John Parris, an experienced legal practitioner, provides a technical framework for businessmen, accountants, and legal advisors to navigate the complexities of insolvency law. By analyzing the risks faced by creditors and the potential liabilities of receivers, the author offers a guide to drafting clauses that withstand the scrutiny of liquidators and debenture holders.
What You Will Find
The subject matter points to a specialized, technical resource intended for professionals navigating the high-stakes environment of corporate insolvency and debt recovery. The framing suggests a pragmatic, cautionary approach that prioritizes risk mitigation for suppliers and clarity for legal practitioners.
Page Count:
174
Publication Date:
1986-01-01
Publisher:
Collins
ISBN-10:
0003830748
ISBN-13:
9780003830743
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