Welcome to the Secured Transactions Law Reform Project website.
The aim of the project is to examine the English law relating to secured transactions and to consider the need and shape of future reform. Many leading practitioners, academics and policymakers are already involved in the project as well as representatives of lenders and other financial institutions. The scope of the project is very broad, covering all types of provision of finance and credit to businesses. Those providing finance require protection against a failure to repay, and against the possible insolvency of debtors. The object of the project is to seek to put the law in this area into an up to date and coherent form, easier and simpler to understand and operate than the existing and (in some cases) somewhat outdated systems.