Receivables Financing

LLM Credit and security students might care to note s.1 of the Small Business, Enterprise and Employment Act 2015. This gives the right to pass regulations disallowing anti-assignment clauses where the interests of receivables financiers are concerned. This effectively reversing Helstan v Herts CC [1978] 3 All ER 262.

Andrew Tettenborn

See http://www.legislation.gov.uk/ukpga/2015/26/contents/enacted/data.htm

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