Description

The assignment of, and the creation of a security interest over, the benefit of contracts is a commonplace part of secured lending, as well as being of importance in other contexts. The effect of the assignment on the counter party is a matter of some complexity, especially where one or other party to the contract becomes insolvent. This seminar explores the interaction between assignment and set-off, both outside and within insolvency, and also the extent to which contractual parties can vary the terms of the contract once the benefit of it has been assigned.

About The Speaker

Louise Gullifer is Professor of Commercial Law at Oxford University and Fellow and Tutor in Law at Harris Manchester College, Oxford, where she has been the senior law tutor since 1999. She has been teaching at Oxford since 1991, and before that she practised as a barrister: she is an honorary member of 3 Verulam Buildings and is a Bencher of Gray’s Inn. She teaches commercial and corporate finance law subjects at undergraduate and graduate level, and also teaches Roman law to first year students.

Her research interests focus broadly on commercial law and corporate finance and she writes extensively in areas such as security and title financing, corporate finance, corporate insolvency, personal property and set-off. Among other works, she is co-author of The Law of Security and Title Financing (2nd edn, Oxford University Press) and has prepared the last two editions of Goode on Legal Problems of Credit and Security. Together with Professor Orkun Akseli, she has edited Secured Transactions Law Reform: Principles, Policies and Practice. This book, which will be published in 2016, is a comparative study of secured transaction law reform in a number of jurisdictions. Professor Gullifer is executive director of the Secured Transaction Law Reform Project and is the Oxford Law Faculty Academic Lead for the Cape Town Convention Academic Project.