Sweet & Maxwell Salinger on Factoring

Salinger on Factoring is renowned for its highly practical approach to the law and practice relating to factoring and invoice finance. It combines a clear understanding of the law with clear and concise guidance on its implementation. This title has been the trusted guide to this complex area of law for nearly 30 years providing a detailed examination of, and guide to, the legal issues that arise from domestic and international factoring. A comprehensive guide to the law and practice relating to factoring and invoice finance Discusses the various forms, uses, and methods by which factoring can help businesses Looks at the origins and nature of modern factoring Examines the use and misuse of factoring, the limitations on its use and its benefits Looks at the relationship between the factor and debtors including normal collection procedures and legal remedies where collection procedures fail Examines international factoring and discusses the special considerations relevant for international factors Looks at the legal structure of factoring, the provisions of factoring agreements and the types of agreement commonly used Considers conflicts with third parties Examines set-off and the countervailing rights of the debtor Considers the effect of insolvency upon the rights of the factor, client and debtor Looks at the use of credit insurance and its potential effect on the terms of the factoring agreement and the policy of insurance Includes a glossary of terms and a collection of sample documents