Security

This subtopic provides guidance on security and guarantees in Irish corporate lending transactions. It covers debentures, assignments by way of security, security over land and guarantees, together with financial assistance considerations, reviewing overseas security documents, registration, priority and the release of security.

This subtopic contains the following guidance:

1. •

   Practice Note: Ireland—Key features of debentures explains the nature and key features of debentures in Ireland. It also takes a look at the different categories of assets secured under a debenture and the usual type of security being taken in relation to each asset, including mortgages, fixed charges, floating charges and assignments by way of security, together with the respective perfection requirements and how a debenture is enforced.

2. •

   Practice Note: Ireland—Financial assistance in secured lending transactions considers, from the perspective of secured lending transactions, the prohibition on the provision by an Irish company of financial assistance for the purpose of the purchase of its shares, or...