Financial Collateral (fixed and floating charges in UK Law)
January 1st, 2023
As instructed by your customer service specialist, I am notifying that I want to be assigned the same writer as my previous order #26875. Below are 3 essay prompts. I need one essay that covers the requirements of both prompts which are effectively asking the same thing with only small nuances. There is a source attached that MUST be used. The readings from this source has to be cleverly woven into an answer to the common denominators of the prompts with a thesis (first paragraph), development and conclusion. Please note I’d like one whole paper not 3 separate ones or 1 split into 3 prompts. Prompt 1 – Financial collateral transactions were historically in conflict with a number of principles of insolvency law. The introduction of the EU Financial Collateral Directive was a good thing in this respect.’ Prompt 2 – The case law regarding fixed and floating charges has evolved over more than 100 years. To what extent can we say that even recent case law is still addressing the ‘same old problem’? Prompt 3 – The English floating charge does not easily fit the concept of financial collateral used by the Financial Collateral Arrangements Regulations (UK) and the Financial Collateral Directive (EU). What would be required to achieve a higher degree of clarity and legal certainty in this regard? I will order 3 more essays if this one is successful.