Module Code - Title:
LA6102
-
Law of Credit and Security
Year Last Offered:
2025/6
Hours Per Week:
Grading Type:
N
Prerequisite Modules:
Rationale and Purpose of the Module:
To provide students with an in-depth knowledge of securitising assets.
Syllabus:
This module will examine the was in which the creditor/debtor relationship can arise and how it is documented. The module also covers the legal issues arising in the giving of security and the creation of security interests, as well as the enforcement issues which surround these. The use by companies of debentures, secured by fixed and floating charges is also reviewed, as is the matter of priorities.
Learning Outcomes:
Cognitive (Knowledge, Understanding, Application, Analysis, Evaluation, Synthesis)
On successful completion of this module, a student will be able to:
- Describe the primary forms of credit and legal consequences of each
- Describe the primary forms of security and legal rules governing these
- Identify the differences between different forms of credit and security
- Compare and contrast the differences from lenders and borrowers perspectives
- Compare the economic and operational factors which influence the decisions made on taking security
- Relate those decisions to the technical rules on perfection of security
- Determine the priority of different forms of security
Affective (Attitudes and Values)
N/A
Psychomotor (Physical Skills)
N/A
How the Module will be Taught and what will be the Learning Experiences of the Students:
Research Findings Incorporated in to the Syllabus (If Relevant):
Prime Texts:
Other Relevant Texts:
Programme(s) in which this Module is Offered:
Semester(s) Module is Offered:
Module Leader:
karen.obrien@ul.ie