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Most commercial loans now involve security of some kind, such as a mortgage on property or a fixed or floating charge. All professionals working in this area need to be increasingly aware of the often complex legal points that underpin security issues. "Taking Security: Law and Practice" is the only book available to deal with security in its own right. The author, a specialist in banking and security law and insolvency, draws from his wide experience to provide a practical and authoritative guide to this complex area of law. It outlines the legal principles and practical considerations that need to be taken into account in order to obtain the best security. "Taking Security: Law and Practice" provides comprehensive coverage of: various types of security, including pledges, mortgages, fixed and floating charges; the effective creation of legally watertight and enforceable security; the key issue of priority of security and the order of enforcement especially in the event of insolvency; alternatives to security such as guarantees, indemnities and set off cross-border security and insolvency.