Security and quasi-security vehicles for lenders in Malta: an increasingly creditor-friendly jurisdiction | Practical Law

Security and quasi-security vehicles for lenders in Malta: an increasingly creditor-friendly jurisdiction | Practical Law

This article considers the types of security available to lenders in Malta, namely, security by hypothec, mortgage, title transfer, personal security (guarantee and suretyship), the security trust and quasi-security provisions in the form of irrevocable mandates, set-off and netting. It concludes by acknowledging that Malta has moved from a debtor-friendly to an increasingly creditor-friendly jurisdiction.

Security and quasi-security vehicles for lenders in Malta: an increasingly creditor-friendly jurisdiction

by Nicolai Vella Falzon & Peter Grima, Fenech & Fenech Advocates
Law stated as at 01 Mar 2014 • Malta
This article considers the types of security available to lenders in Malta, namely, security by hypothec, mortgage, title transfer, personal security (guarantee and suretyship), the security trust and quasi-security provisions in the form of irrevocable mandates, set-off and netting. It concludes by acknowledging that Malta has moved from a debtor-friendly to an increasingly creditor-friendly jurisdiction.