This law school casebook treats the provisions of Revised Article 9 (Secured Transactions) and updates the material on Revised Articles 3 (Negotiable Instruments), 4 (Bank Deposits and Collections), 5 (Letters of Credit) and 8 (Investment Securities), as well as new Article 4A (Funds Transfers). New Problems and Notes are integrated with cases to allow convenient treatment of statutory innovations. Relevant federal law is considered throughout. New Forms are included.In the following opinion the court briefly addresses the issue raised in the Problem above. ... FACTUAL BACKGROUND On September 25, 2000, Mr. Downing purchased a 1999 BMW 528i from BMW, and granted BMW a lien on the car.
|Author||:||William D. Warren, Steven D. Walt|
|Publisher||:||West Group Publishing - 2004|