Like prior editions, the third edition of Commercial Transactions: Secured Financing attempts to develop the chief skills of the transactional attorney—risk identification and avoidance—as it teaches asset-based financing transactions and the law regulating such transactions, both personal property and real estate, state and federal, statutory and case law.
For the first time, readers will find here in one place a clear and up-to-date discussion of the four primary "security devices" in Louisiana law: the Louisiana version of Article 9 of the Uniform Commercial Code, mortgages, statutory liens ("privileges"), and personal guarantees ("suretyship").
This text, co-authored by an experienced professor and a distinguished practitioner, uses plain English explanations, samples of security agreements, numerous visual aids, and problems drawn from actual cases to teach the law of personal property secured transactions.