Commercial Transactions: A Systems Approach, Fourth Edition / Edition 4

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Overview

Companion Website: www.aspenlawschool.com/books/lopuckicommercial

Commercial Transactions: A Systems Approach offers extraordinary authorship, a flexible assignment-based structure, and the Systems Approach, which looks at how the law is applied in actual transactions.

The Fourth Edition continues to offer:

  • outstanding authorship from luminary scholars in secured credit, payment systems, and sales law
  • the Systems Approach that looks at the specific systems, or infrastructure, that support real transactions in practice
  • an assignment-based organizational structure that offers flexibility and ease in teaching
  • well-crafted and up-to-date problems—many of them new to the Fourth Edition
  • clear and straightforward introductions and explanations
  • important recent Supreme Court cases
  • cutting-edge coverage
  • a clear statement of which baseline version of the UCC is being used in each section
  • a detailed Teacher’s Manual* that includes answers to all of the problems, suggestions for tailoring coverage to three and four-credit courses, and transitional guidance to help you adapt your syllabus to the new edition

Specific updates in each Part of the Fourth Edition:

Part One: Sales Systems:

  • Phillips v. Cricket Lighters
  • Additional material and new problems on:
    • 2-207 and the battle of the forms
    • Simultaneous acceptance and breach under 2-206
    • Adequate assurance of future performance and reasonable grounds for insecurity
    • Measuring damages in the case of anticipatory repudiation

Part Two: Financial Systems:

  • U.S. Bank N.A. v. HMA, L.C.; CitiBank v. Mincks; New Century Financial Services v. Dennegar and DBI Architects v. American Express; Winter Storm Shipping v. Thai Petrochemical and Rivet v. Regions Bank of Louisiana
  • expanded coverage of wire transfers
  • new chapters on credit enhancement and letters of credit, including both commercial and standby letters of credit to reflect changes from UCP500 to UCP600

Part Three: Secured Credit

  • updates to reflect adoption of revised Article 1 by a majority of states—while preserving old Article 1 section numbers for use in states that haven’t made that change yet
  • chattel paper, instruments, accounts, and payment intangibles, including the celebrated Commercial Money Center case
  • asset securitization, the sale-lease distinction—including In re Worldcom—and new debtors
  • updated search methods and costs to reflect migration of the UCC filing systems to the Internet

For comprehensive coverage of commercial transactions, luminary authorship, and a highly teachable assignment-based approach, look no further than your complimentary copy of Commercial Transactions: A Systems Approach, now in its Fourth Edition.

*A Teacher’s Manual may be available for this book. Teacher’s Manuals are a professional courtesy offered to professors only. For more information or to request a copy, please contact Aspen Publishers at 800-950-5259 or legaledu@wolterskluwer.com.

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Product Details

  • ISBN-13: 9780735576438
  • Publisher: Wolters Kluwer Law & Business
  • Publication date: 5/6/2009
  • Edition description: Older Edition
  • Edition number: 4
  • Pages: 1173
  • Product dimensions: 7.40 (w) x 10.20 (h) x 1.90 (d)

Table of Contents

Book I: Sales Systems


Chapter 1. Formation
Chapter 2. Terms
Chapter 3. Performance
Chapter 4. Remedies

Book II: Financial Systems


Chapter 5. Payment Systems
Chapter 6. Credit Systems
Chapter 7. Negotiable Instruments and Liquidity

Book III: Secured Credit

Part One: The Creditor-Debtor Relationship


Chapter 8. Creditors’ Remedies Under State Law
Chapter 9. Creditors’ Remedies in Bankruptcy
Chapter 10. Creation of Security Interests
Chapter 11. Default: The Gateway to Remedies
Chapter 12. The Prototypical Secured Transaction

Part Two: The Creditor-Third Party Relationship


Chapter 13. Perfection
Chapter 14. Maintaining Perfection
Chapter 15. Priority
Chapter 16. Competitions for Collateral

Table of Cases
Index

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