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Series

Columbia Law School

1994

Virginia Law Review

Articles 1 - 2 of 2

Full-Text Articles in Law

The Politics Of Article 9, Robert E. Scott Jan 1994

The Politics Of Article 9, Robert E. Scott

Faculty Scholarship

In the ongoing debate concerning the efficiency and social value of Article 9 of the Uniform Commercial Code, two points are beyond dispute. First, asset-based financing has undergone an enormous transformation since the enactment of Article 9. The most vivid illustration of this is the dramatic increase in the number and size of firms that rely on secured credit as their principal means of financing both ongoing operations and growth opportunities. Previously, with a few exceptions (such as factoring and trust receipts), secured financing principally had served second-class markets as the "poor man's" means of obtaining credit. Now, it ...


Foreword To Tributes, Robert E. Scott Jan 1994

Foreword To Tributes, Robert E. Scott

Faculty Scholarship

Seldom does an institution experience the jolt of four revered and beloved members of the faculty choosing to retire at the same time. When it does occur, as it has this year at the University of Virginia, the sense of loss can be overwhelming. John Hetheringon, John McCoid, Dan Meador and Cal Woodard have been members of this Law Faculty for a combined period of 123 years.T hey embody a collective source of talent, energy, wisdom, and skill as teachers and scholars that is, quite literally, irreplaceable.