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Full-Text Articles in Law

Teaching Commercial Law In The Third Year: A Short Report On A Business Organizations Commercial Law Clinic, John F. Dolan, Russell A. Mcnair Jr. Jan 1995

Teaching Commercial Law In The Third Year: A Short Report On A Business Organizations Commercial Law Clinic, John F. Dolan, Russell A. Mcnair Jr.

Law Faculty Research Publications

No abstract provided.


They Came From "Beyond The Pale": Security Interests In Tort Claims, Harold R. Weinberg Jan 1995

They Came From "Beyond The Pale": Security Interests In Tort Claims, Harold R. Weinberg

Law Faculty Scholarly Articles

"[B]eyond the pale" is how the drafters of Article Nine of the Uniform Commercial Code regarded tort claims. They considered tort claims to be noncommercial assets inappropriate for inclusion as collateral within the scope of a commercial financing statute. Tort claims may not be out-of-bounds much longer. The Article Nine Study Committee of the Permanent Editorial Board for the Uniform Commercial Code recommends expansion of the Article's scope to encompass security interests in claims arising out of tort. This recommendation is significant. Tort causes of action comprise an ever-expanding universe of civil wrongs for which courts afford redress. The owners …