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About the Book

Secured Credit: A Systems Approach

Front Cover - Secured Credit: A Systems Approach

Sixth Edition

Lynn M. LoPucki
University of California, Los Angeles

Elizabeth Warren
Harvard University

2009. Approx. 708 pages. ISBN: 978-0-7355-7649-0.
With Teacher's Manual and PowerPoint slides.

Also See:

Keating,
Sales: A Systems Approach

LoPucki/Warren/Keating/Mann,
Commercial Transactions: A Systems Approach

Warren/Westbrook,
The Law of Debtors and Creditors: Text, Cases, and Problems


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About the Book

If you've taught from Secured Credit: A Systems Approach 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've 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've 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.)

Secured Credit: A Systems Approach, Sixth Edition, features:

  • the Systems Approach looks not just at rules of law, but at the people and physical systems at work in actual transactions
  • convenient assignment structure and problem-based pedagogy – for added flexibility, some assignments in the Sixth Edition have half-way stopping points, to allow one-and-a-half assignments to be covered in a single 75-minute class
  • adaptable modular organization that supports different teaching approaches
  • a helpful review of the commonalities between secured transactions and bankruptcy
  • an updated and detailed Teacher's Manual, with answers to all of the problems as well as suggestions for omitting sections for shorter courses

Thoroughly revised to ensure currency and accuracy, with updated cases, statutes, and rules, the Sixth Edition includes:

  • updates to reflect the adoption of Revised Article 1 by a majority of states, while preserving old Article 1 section numbers for use in states that haven't made the change
  • new material on chattel paper, instruments, accounts, and payment intangibles, including the celebrated Commercial Money Center case
  • new material on asset securitization, the sale-lease distinction—including In re Worldcom—and new debtors
  • updated search methods and costs to reflect migration of the UCC filing systems to the Internet
  • two simple, easy-to-use drafting problems – a one-sentence security agreement and a financing statement
  • refreshed and revised problems
  • a detailed and updated Teacher's Manual and comprehensive PowerPoint slides (available in December 2008)

Whether you've been teaching with Secured Credit: A Systems Approach for years, or you're looking at it for the first time, we think you'll be impressed by all that it offers: outstanding authorship, flexibility, pedagogy, and teaching support.