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Antebellum Commercial Law: Common Law Approaches To Secured Transactions, Tony Freyer

Kentucky Law Journal

No abstract provided.

Recent Development: Procedure--Right To A Jury Trial In Actions Against Corporations Owned By Foreign Governments, William A. Zan Blue

Vanderbilt Journal of Transnational Law

Three federal circuit courts of appeals recently have held that United States citizens are not entitled to a jury trial in an action against a commercial corporation owned by a foreign government. The Second, Third, and Fourth Circuit Courts of Appeals agree that the Foreign Sovereign Immunities Act (FSIA), the sole basis for federal subject matter jurisdiction, provides only for nonjury trials in legal actions against commercial corporations owned by a foreign government. These courts also agree that this statutory denial of a jury trial does not abridge a citizen's seventh amendment right. These decisions are important because of the …

Commercial Paper In Economic Theory And Legal History, Harold R. Weinberg

Law Faculty Scholarly Articles

Commercial-paper played a significant role in antebellum America by partially filling the void resulting from the shortage of gold and silver coinage and the absence of a reliable paper currency. Although most legal historians would agree with this premise, a controversy has arisen in recent years concerning negotiability, that collection of legal rules which greatly enhanced the usefulness of bills of exchange and promissory notes in commerce and finance.

Many scholars believe that negotiability, along with other pre-Civil War legal doctrines, was intended to facilitate the development of a national market system and economic growth. This view typically holds that …

Securing Commercial Transactions In The Antebellum Legal System Of Louisiana, Richard Kilbourne

Kentucky Law Journal

No abstract provided.