Read more
For the student who wishes to understand law as it is practised in a modern financial context, Finance Law offers the only up-to-date university-level textbook which explains legal principles as they are applied in today's advanced financial transactions.
Essential for any student or researcher seeking an introduction to this complex and fast-moving world, this text:
- is based on the author's extensive teaching experience in finance law
- covers the modern form of credit facilities agreements, security, syndication, securities and securitization, derivatives, and payment and clearing systems
- is packed with interesting case studies, including the Mozambique Tuna Bond Scandal, the takeover of Manchester Utd plc, and the securitization of student loans
- motivates study with theoretical discussions and historical contextualisation
- explains key transaction structures, such as investment grade lending to groups, intercreditor agreements, interest rate swaps, and multilateral payment systems
- grants insight into key legal principles and structuring applicable to trillion dollar deals across the globe
- is written by a structured finance practitioner and academic with extensive post-qualification experience of advising lenders, corporate borrowers and sovereigns on international finance
Designed for final-year undergraduates and LLM students,
Finance Law is not only the perfect accompaniment to any finance module, but can support any advanced programme on insolvency law, mergers and acquisitions (M&A), corporate governance, international economic law and more.
List of contents
1. Money and Debt: some Theoretical Considerations 2. Credit Facilities Agreements 3. Security I: Basic Principles and Fixed Security 4. Security II: Floating Security and Secured Finance 5. Commercial Lending to Sovereigns 6. Syndication 7. Leveraged Buyouts 8. Securities and Securitization 9. Derivatives 10. Payment Systems and CCPS
About the author
Stephen Connelly is Reader in Law at the University of Warwick, UK.
Report
"This is a refreshing and timely book on finance law, which has been written with students in mind. Its expert author employs various tools to assist understanding of a complicated area of law. He adopts an impressive multi-faceted approach incorporating theory, practice and doctrine (including private law underpinnings), with reference to domestic and international corporate finance spheres."
- Dr Alisdair MacPherson, University of Aberdeen, UK.
"Connelly's masterful exposition of the English private law principles that underpin financial transactions fills a genuine gap in the market. It is precise, theoretically informed and user-friendly, containing valuable pedagogic elements - most prominently, case studies, diagrams and extensive extracts from leading cases."
-Dr Andreas Kokkinis, Associate Professor, Birmingham Law School, UK.
"This is a clear and well-structured textbook that provides pedagogical clarity across foundational areas of finance law. Drawing on years of transactional legal experience and a critical theoretical lens, the book offers an invaluable account of core legal principles as they operate in modern financial transactions. Its layered structure-integrating doctrine, practice, and context-makes it a crucial resource not only for undergraduate and postgraduate teaching, but also a valuable point of reference for researchers and policymakers."
-Dr Karina Patricio Ferreira Lima, University of Leeds, UK.
