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A Bedell Cristin Partner has written a guide to one of Jersey’s more complex pieces of legislation, the Security Interests Law.
The law - which replaced the entire security law framework in 2012, and contains 95 statutory provisions compared to 16 in the previous statute - relates to everything from the taking of effective security over investment securities, bank accounts, loan agreements and other contract rights.
It is seen as vital to Jersey's operation as an international finance centre.
Mark Dunlop's book aims to assist both Jersey lawyers with applying the law, while also acting as a guide for law students to navigate it. It is the second book the banking and corporate lawyer has penned - the first being on Jersey company law in 2011.
"What will be of particular assistance to practitioners is that [the author] often considers examples of difficult or uncertain issues which may arise and offers helpful thoughts and practical guidance on these," former Bailiff Sir Michael Birt wrote in the foreword to the book.
"His book will be an invaluable aid to all those engaged, whether as principals or advisers, in the provision of security over intangible movable property."
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