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Full-Text Articles in Law
“We Buy Houses”: Market Heroes Or Criminals?, Cori Harvey
“We Buy Houses”: Market Heroes Or Criminals?, Cori Harvey
Missouri Law Review
The residential sale/leaseback/buyback (“RSLB”) transaction is a socially beneficial foreclosure rescue transaction that is being regulated increasingly by the criminal courts to the detriment of the homeowners, investors, and society at large. Because the transaction is being regulated more aggressively with the criminal law, peculiar outcomes arise, which include investors being sentenced, in some cases, to draconian sentences – a trend that will eviscerate the transactions rather than improving them.
Reforming The Law: The Payment Rule As A Paradigm , Dale A. Whitman
Reforming The Law: The Payment Rule As A Paradigm , Dale A. Whitman
Faculty Publications
The concept of negotiability of promissory notes is solidly entrenched in American commercial law. It derives from the English common law notion that a negotiable instrument is a reification of the obligation it describes; the instrument is regarded as a tangible form of the obligation. This notion has multiple ramifications, but three stand out. The first is the holder in due course doctrine which asserts that, when a negotiable instrument is transferred by the correct process (negotiation, which requires delivery of the paper) to someone with the right qualities (good faith, lack of notice, and payment of value), the maker …