Protecting your interests – A guide to taking security in 21 countries worldwide
Companies trade in an increasingly global market. Despite this, the process of taking security in support of financial obligations remains essentially a question of the national law in the country where the assets over which security is granted are located.
The relevant law varies significantly from jurisdiction to jurisdiction. Eversheds Sutherland has lawyers across the world to help you cut through the complexity.
The purpose of this guide is to provide a quick reference to the laws and procedures relating to taking security in a range of jurisdictions. It summarizes the law relating to taking security in support of financial obligations on a country‑by‑country basis and answers some of the questions most likely to be asked by lenders.
This guide only considers the rules that apply to taking security in the context of general corporate lending. It does not address the additional rules that apply on taking security in support of lending to consumers. If you have a query in relation to such matters, please ask one of the Eversheds Sutherland contacts named in the guide.
The quality of the support and advice we received was first-rate. They found issues that other legal advisors were hoping would be missed. It was not just legal advice they provided; they also provided significant practical advice, particularly in relation to some of the cultural issues and differences between the UK and Europe in terms of business. Tim Bailey, HSBC Bank plc