The Relevance of Concepts for the Transfer of Movables Under the Uniform Commercial Code - With a Focus on the Buyer's Protection Against the Seller's Creditors

The Relevance of Concepts for the Transfer of Movables Under the Uniform Commercial Code - With a Focus on the Buyer's Protection Against the Seller's Creditors PDF Author: Martin Lilja
Publisher:
ISBN:
Category :
Languages : en
Pages : 64

Get Book Here

Book Description
In the recent European discussion on how rules for the transfer of movable property could be designed in an “optimal” way, several proponents have suggested that a “functional” approach be applied. Proponents of a "functional" approach consider such an approach to be advantageous in that it does not use concepts like “ownership”, but rather deals with different issues separately, by way of directly connecting legally relevant facts (requirements) with specific real-life consequences, without placing an abstract concept, such as “ownership”, in the middle. One of the advantages is that the rules will be understood by everyone - and even “ordinary people” without knowledge of law will be able to apply the rules. In this context, it may be useful to look at American law: Article 2 of the Uniform Commercial Code (U.C.C. or “Code”), dealing with sales of goods including sales-related property law matters, was drafted with the aim of applying a “narrow-issue approach” and designing the law in terms of “step-by-step performance”, thereby replacing the former law (i.e. the Uniform Sales Act of 1906) which made a vast range of consequences dependent on the “transfer of title”. According to the drafters of the Code, such an approach would have the extended benefit of making the law understood by “ordinary people”. The two expectations extracted from conceptions of the functional proponents, as well as from the goals expressed by the drafters of the U.C.C., are that: 1). The U.C.C. is easy to apply (so easy that even laymen will find no challenge in applying the Code); and 2). the U.C.C. has abolished the use of concepts and solves legal issues in the area of transfer of movables by directly connecting legal consequences with relevant legal facts. This article will examine to what extent the U.C.C. approach ultimately complies with the standards set forth by narrow-issue or functional approach theory. This may help in assessing whether American law can - or should - serve as a model for European lawmaking. The question here turns upon whether the conceptions hold true: Is the U.C.C. a code that, with roots in legal realism, has managed to codify a “functional” approach connecting legally relevant facts and consequences directly in a manner making the law easy to apply for laymen (and could this Code thereby serve as a model for Europe)?

The Relevance of Concepts for the Transfer of Movables Under the Uniform Commercial Code - With a Focus on the Buyer's Protection Against the Seller's Creditors

The Relevance of Concepts for the Transfer of Movables Under the Uniform Commercial Code - With a Focus on the Buyer's Protection Against the Seller's Creditors PDF Author: Martin Lilja
Publisher:
ISBN:
Category :
Languages : en
Pages : 64

Get Book Here

Book Description
In the recent European discussion on how rules for the transfer of movable property could be designed in an “optimal” way, several proponents have suggested that a “functional” approach be applied. Proponents of a "functional" approach consider such an approach to be advantageous in that it does not use concepts like “ownership”, but rather deals with different issues separately, by way of directly connecting legally relevant facts (requirements) with specific real-life consequences, without placing an abstract concept, such as “ownership”, in the middle. One of the advantages is that the rules will be understood by everyone - and even “ordinary people” without knowledge of law will be able to apply the rules. In this context, it may be useful to look at American law: Article 2 of the Uniform Commercial Code (U.C.C. or “Code”), dealing with sales of goods including sales-related property law matters, was drafted with the aim of applying a “narrow-issue approach” and designing the law in terms of “step-by-step performance”, thereby replacing the former law (i.e. the Uniform Sales Act of 1906) which made a vast range of consequences dependent on the “transfer of title”. According to the drafters of the Code, such an approach would have the extended benefit of making the law understood by “ordinary people”. The two expectations extracted from conceptions of the functional proponents, as well as from the goals expressed by the drafters of the U.C.C., are that: 1). The U.C.C. is easy to apply (so easy that even laymen will find no challenge in applying the Code); and 2). the U.C.C. has abolished the use of concepts and solves legal issues in the area of transfer of movables by directly connecting legal consequences with relevant legal facts. This article will examine to what extent the U.C.C. approach ultimately complies with the standards set forth by narrow-issue or functional approach theory. This may help in assessing whether American law can - or should - serve as a model for European lawmaking. The question here turns upon whether the conceptions hold true: Is the U.C.C. a code that, with roots in legal realism, has managed to codify a “functional” approach connecting legally relevant facts and consequences directly in a manner making the law easy to apply for laymen (and could this Code thereby serve as a model for Europe)?

Transfer of Movable Property Under U.S. Law

Transfer of Movable Property Under U.S. Law PDF Author: Martin Lilja
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
ISBN: 9783631649428
Category : Personal property
Languages : en
Pages : 0

Get Book Here

Book Description
The book discusses legal rules for three functional commercial conflict situations under the laws of the U.S.A. (the U.C.C. etc.) on the protection of a buyer in the seller's insolvency, the protection of a seller in the buyer's insolvency, and the conflict between a person formerly entitled to the goods and a good faith acquirer.

The Law of Secured Transactions Under the Uniform Commercial Code

The Law of Secured Transactions Under the Uniform Commercial Code PDF Author: Barkley Clark
Publisher:
ISBN:
Category : Security (Law)
Languages : en
Pages : 706

Get Book Here

Book Description


Security Over Corporeal Movables

Security Over Corporeal Movables PDF Author: Jean Georges Sauveplanne
Publisher: BRILL
ISBN: 9789028600744
Category : Law
Languages : en
Pages : 328

Get Book Here

Book Description
Held September 14-16, 1971 ; sponsored by the United Kingdom National Committee of Comparative Law.

Security Interests in Personal Property

Security Interests in Personal Property PDF Author: Grant Gilmore
Publisher: The Lawbook Exchange, Ltd.
ISBN: 1886363811
Category : Security (Law)
Languages : en
Pages : 1556

Get Book Here

Book Description
Gilmore, Grant. Security Interests in Personal Property. Boston: Little, Brown & Company, 1965. Two volumes. xxxiv, 651; xiii, 653-1508 pp. Reprinted 1999 by The Lawbook Exchange, Ltd. LCCN 99-10258. ISBN 1-886363-81-1. Cloth. $195. * Written by the late Grant Gilmore, Co-Reporter for Article 9 of the Uniform Commercial Code, this landmark work, often cited, is extremely well respected as an acknowledged authority in this area. Combines an engrossing account of the drafting of Article 9 as it emerged in its final form with important interpretive data relating to security interests. This title is the recipient of both the Order of the Coif and the James Barr Ames award. Now back in print and of continued relevance today.

Rules for the Transfer of Movables

Rules for the Transfer of Movables PDF Author: Wolfgang Faber
Publisher: sellier. european law publ.
ISBN: 3866530609
Category : Property
Languages : en
Pages : 281

Get Book Here

Book Description
Comparative research in the area of property law is gaining importance. Against the background of the current discussion of developing model rules, aimed at facilitating European private law harmonization, and of ongoing law reform projects in a number of EU Member States, this volume addresses key issues in the field of the transfer of corporeal movable property. Authors from various European countries discuss classical issues of property law, such as the dichotomies of "consensual" versus "delivery" and "causal" versus "abstract" transfer systems, good faith acquisition, and the role of party autonomy in the field of the transfer of ownership. In addition, a special focus is given to the less well-known - but at least equally fundamental - difference between "unitary" transfer approaches, as applied in continental Europe, and the "functional" approach, as followed in Scandinavian countries. Further contributions discuss fiduciary transfers, avoidance in bankruptcy, the question of where to draw the line between obligatory and proprietary rights, the role of intellectual property rights, possession, and the EU law basis for the harmonization of property law. These contributions were presented at a conference held in Salzburg in February 2007, forming part of the activities of the working group "Transfer of Movables" within the "Study Group on a European Civil Code."

Guide to Secured Transactions Under Article Nine of the Uniform Commercial Code

Guide to Secured Transactions Under Article Nine of the Uniform Commercial Code PDF Author: Harold M. Rappeport
Publisher:
ISBN:
Category : Security (Law)
Languages : en
Pages : 108

Get Book Here

Book Description


Sales and Bulk Transfers Under the Uniform Commercial Code

Sales and Bulk Transfers Under the Uniform Commercial Code PDF Author: Richard W. Duesenberg
Publisher:
ISBN:
Category : Bulk sales
Languages : en
Pages : 1278

Get Book Here

Book Description


Transfer by Seller - Partial Interest in Goods

Transfer by Seller - Partial Interest in Goods PDF Author: Julien Coallier
Publisher:
ISBN: 9781720565840
Category :
Languages : en
Pages : 102

Get Book Here

Book Description
Contents include Transfer by Seller - Partial Interest in Goods, Corporations - Uniform Commercial Code (UCC). These documents, fulfilled, filled out and signed, can be used in the U.S.A.

Handbook on Secured Transactions Under the Uniform Commercial Code

Handbook on Secured Transactions Under the Uniform Commercial Code PDF Author: Ray D. Henson
Publisher:
ISBN:
Category : Security (Law)
Languages : en
Pages : 400

Get Book Here

Book Description