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Secured Transactions Commons

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Full-Text Articles in Secured Transactions

The End Of Notice: Secrets And Liens In Commercial Finance Law, Jonathan C. Lipson Aug 2004

The End Of Notice: Secrets And Liens In Commercial Finance Law, Jonathan C. Lipson

ExpressO

This article explores important recent changes in the way that we treat personal property in commercial finance transactions. Among other things, these changes reduce or eliminate the obligation to give notice of interests in personal property when it is used in commercial finance transactions (as, e.g., collateral for a loan).

A principal purpose of notice-filing has been to deter the creation of secret liens, interests in property that are neither recorded nor otherwise readily observable. Secret liens are universally castigated as abhorrent.

Yet, two recent sets of legislative developments suggest that we may care much less about the problem of …


Panelist, Law And Society Association Annual Meeting, Chicago, Ill., Bruce Price May 2004

Panelist, Law And Society Association Annual Meeting, Chicago, Ill., Bruce Price

Bruce M Price

No abstract provided.


Presenter, "How Green Was My Valley: An Examination Of Tournament Theory As A Governance Mechanism In Silicon Valley Law Firms," New York University Tenth Anniversary Celebration Of Institute For Law And Society, Bruce Price Feb 2004

Presenter, "How Green Was My Valley: An Examination Of Tournament Theory As A Governance Mechanism In Silicon Valley Law Firms," New York University Tenth Anniversary Celebration Of Institute For Law And Society, Bruce Price

Bruce M Price

No abstract provided.


Creditors' Rights Risk: A Title Insurer's Perspective, 38 J. Marshall L. Rev. 223 (2004), Paul L. Hammann, John C. Murray Jan 2004

Creditors' Rights Risk: A Title Insurer's Perspective, 38 J. Marshall L. Rev. 223 (2004), Paul L. Hammann, John C. Murray

UIC Law Review

No abstract provided.