The National Law Center for Inter-American Free Trade is pleased to announce the addition of a new publication to our legal library:
Dr. Marek Dubovec, SJD, LLM, NatLaw Senior Research Attorney
Cyprian Kambili LLB Hons, LLM, Legal Specialist at the Ministry of Industry and Trade, Lilongwe, Malawi
The book is available for free download directly from PULP Publishing here.
About the Publication:
This book examines the Malawian Personal Property Security Act (PPSA) of 2013 that is based on the United Nations Commission of International Trade Law’s Legislative Guide on Secured Transactions. The PPSA is the first of its kind in Africa but there are several countries, including Ghana, Kenya, Liberia, South Sudan and Zambia that are in the process of undertaking similar reforms. One of the authors is directly involved as a consultant to the International Finance Corporation of the World Bank Group in all of these countries. Secured transactions have already become an important area of law introducing new concepts for the legal profession, lenders and borrowers in Africa.
The book provides commentaries on individual sections of the PPSA that include practical examples, hypotheticals, illustrations of lending practices, relevant scholarly writings, and case law from the jurisdictions that inspired this reform, including Australia, Canada, New Zealand and the United States. This book seeks to provide an easy to read guide that is accessible to lawyers, judges and creditors who will use the law on a daily basis but also to foreign policymakers considering a similar reform. The IFC is about to launch a reform initiative of this kind in South Africa.
This remarkable work offers a rare, broad and comprehensive examination of the law relating to secured transactions in Malawi. It comes at the right moment as it focuses on the newly enacted Personal Property Security Act. The authors have succeeded in covering an impressive number of intricate legal questions on the subject with great ease and clarity. The book brings together topics that frequently raise problems in this area of law but which are rarely analysed together and it enriches the perspectives of the reader with a lot of cross -jurisdictional references. It is a’ must have’ for lenders, borrowers and their respective legal advisors. It is also a useful eye opener on the subject for the discerning law student.
By: Dr. Orkun Akseli Durham, University Law School, UK
NatLaw’s Dr. Dubovec has just released a new publication entitled “A Guide to the Personal Property Security Act: The Case of Malawi” with co-author Cyprian Kambili. Continue reading for more information on the publication and to learn how you can download an electronic copy for free.