Podcast Location:
Download it here [file size: 27.7 MB]
Categories:
Corporate & Commercial Law
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This podcast aims to provide an overview of the key principles in the law of security. It examines why security is often taken and how it is created. It also discusses the different priorities between different types of security, the key formalities and third party rights.

Outcomes:
After completing the course you will:
  • Know why commercial parties take security;
  • Understand what security is;
  • Understand how to create different types of security interest;
  • Be aware of the advantages and disadvantages of various types of security interest;
  • Appreciate the different priorities between different types of secured interest;
  • Understand third party security in this context;
  • Understand the formalities that are needed when creating a security document;
  • Know the problems you may face regarding enforceability and effectiveness of a security package.
Level:
Beginner Difficulty: 1 of 5
Classification:
Introduction
Legal Principles
Sources and References:
  • Land Registration Act 2002;
  • Enterprise Act 2002;
  • Law of Property (Miscellaneous Provisions) Act 1989;
  • Law of Property Act 1925 s136;
  • Companies Act 2006;
  • The Financial Collateral Arrangements (No.2) Regulations 2003 (2003/3226);
  • Holyrood v Marshall, 10 HL Cas 191;
  • Re Bank of Credit and Commerce International SA (No 8) [1998] AC 214;
  • Santley v Wilde [1899] 2 Ch 474;
  • Re Spectrum Plus Ltd [2005] UKHL 41;
  • Re Beam Tube Products Limited [2006] EWHC 486 (Ch);
  • The Russell Cooke Trust Company Limited v Elliot [2007] EWHC 1443 (Ch);
  • Re Yorkshire Woolcombers Association [1903] 2 Ch 284;
  • Wilson v Kelland [1910] 2 Ch 30;
  • Merchant Shipping Act 1995;
  • Mortgaging of Aircraft Order 1972;
  • Bill of Sales Acts 1878 and 1882;
  • Dearle v Hall (1828) 3 Russ 1;
  • Rolled Steel Products (Holdings) Ltd v British Steel Corp (1985) 3 All ER 52.
Tags:

In this podcast, Alex Campbell, a solicitor at Berwin Leighton Paisner examines key some key principles in the law of security from why security is taken to the formalities needed when creating a secured interest.

Podcast added: 04/08/11

Podcast last reviewed: 2012-03-22

Start this CPDcast Activity

© CPDcast.com