Secured Credit: A Systems Approach [Hardcover]

Lynn M. Lopucki (Author), Elizabeth Warren (Author)

Book Description

Publication Date: February 1998 | ISBN-10: 1567066925 | ISBN-13: 978-1567066920 | Edition: 2

<p> If you’ve taught from <b>Secured Credit: A Systems Approach</b> before, cutting-edge coverage and extraordinary authorship is what you’ve come to expect from two of the foremost authorities in commercial law and bankruptcy. If you have never taught from this book, you have yet to discover the flexibility of its modular organization, how convenient it is to teach using the assignment units, and the pedagogical advantages to teaching the code in the context of actual transactions. (If you have never taught Secured Credit before in your life, you may be somewhat relieved to find LoPucki and Warren’s comprehensive and up-to-date Teacher’s Manual and PowerPoint slides.) </p> <p> <b>Secured Credit: A Systems Approach, Sixth Edition, features</b>: </p> <ul> <li> <b>the Systems Approach</b>, examining how the law is applied in actual transactions </li> <li> <b>convenient assignment structure and problem-based pedagogy </b>— for added flexibility, some assignments in the Sixth Edition will be have half-way stopping points, to allow one-and-a-half assignments to be covered in a single 75-minute class </li> <li> <b>adaptable modular organization</b> that supports different teaching approaches </li> <li> a <b>helpful review of the commonalities between secured transactions</b> and <b> bankruptc</b>y </li> <li> <b>updated and detailed Teacher’s Manual</b>, with answers to all of the problems as well as suggestions for omitting sections for shorter courses </li> </ul> <p> <b>Thoroughly revised to ensure currency and accuracy, with updated cases, statutes, and rules, the Sixth Edition includes</b>: </p> <ul> <li> <b>updates to reflect the adoption of Revised Article 1</b> by a majority of states, while preserving old Article 1 section numbers for use in states that haven’t made the change </li> <li> new material on <b>chattel paper, instruments, accounts, and payment intangibles</b>, including the celebrated <b>Commercial Money Center</b> case </li> <li> new material on <b>asset securitization</b>, the <b>sale-lease distinction </b> — including In re Worldcom — and new debtors </li> <li> <b>updated search methods and costs</b> to reflect migration of the UCC filing systems to the Internet </li> <li> <b>two simple, easy-to-use drafting problems </b>— a one-sentence security agreement and a financing statement </li> <li> <b>refreshed and revised problems</b> </li> <li> <b>detailed and updated Teacher’s Manual</b> and comprehensive <b> PowerPoint slides</b> (available in December 2008) </li> </ul> <p> Whether you’ve been teaching with <b>Secured Credit: A Systems Approach</b> for years, or you’re looking at it for the first time, we think you will be impressed by all that it offers: Outstanding authorship, flexibility, pedagogy, and teaching support. </p> <p> </p> <p> </p> <p> </p>

--This text refers to an out of print or unavailable edition of this title.

Product Details

• Hardcover: 838 pages
• Publisher: Aspen Law & Business; 2 edition (February 1998)
• Language: English
• ISBN-10: 1567066925
• ISBN-13: 978-1567066920
• Product Dimensions: 9.8 x 6.5 x 1.5 inches
• Shipping Weight: 2.5 pounds
• Average Customer Review: 4.3 out of 5 stars  See all reviews (6 customer reviews)
• Amazon Best Sellers Rank: #5,650,456 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

3 of 3 people found the following review helpful:

5.0 out of 5 stars Excellent Choice for Understanding Secured Credit & Transactions, October 25, 2009

By 

Lilly "MG" (USA) - See all my reviews

This review is from: Secured Credit: A Systems Approach (Hardcover)

My professor assigned this book for Secured Transactions (Art 9) and we read the entire book. The book takes you through secured (with comparisons to unsecured credit) transactions from cradle to grave. The problem sets are particularly helpful for developing a sound understanding of secured credit and always include at least one thoughtful policy question at the end of the questions.

The book also provides a thorough section on secured creditors and bankruptcy.

This edition of the book was published on the cusp of the financial crisis, and the authors address it in a manner that does not make the book outdated, even now in late 2009.

To get the most value from the book - pay attention to the problem sets & complete them even if your professor doesn't assign them. The book was self-explanatory, but the problem sets test whether you can actually apply the UCC and case law to real-life lending problems.

It's a must for any aspiring transactional/financial services industry lawyer.

P.S. Don't bother buying the E & E Secured Transactions book - absolutely unnecessary if you do the problem sets in the textbook.

3.0 out of 5 stars Not terrible but not great, December 9, 2011

By 

J.G. - See all my reviews

This review is from: Secured Credit: A Systems Approach (Hardcover)

This book is good at explaining things at the individual chapter level, but completely out of order for a common sense understanding of secured transactions. I found it helpful to supplement this book with a Gilbert's commercial outline to understand the proper progression of a secured transaction. That being said, the authors do a decently good job at explaining things and I hated it less than other text books.

4.0 out of 5 stars Context Equals Understanding, December 15, 2010

By 

lxloco - See all my reviews

This review is from: Secured Credit: A Systems Approach (Hardcover)

This book provides more than cases and code sections; it provides the context that helps one see how and why the rules are what they are.

First: a general, easy to understand, layman's, explanations of the law.

Second: an example or case that shows how that law operates in the real world.

Third: problems at the end of assignments that require one to delve deeper, to understand as lawyer and not merely as a layman.


This book does an excellent job of first guiding the reader through the forest. Only after we are comfortable on the trail and know where it is in case we got lost, only then are we sent deep into the woods to examine the trees.


Other law school materials should follow this model.

Layman.
Context.
Lawyer.