Links & Resources

These links and resources are compiled by the Center for Law, Ethics & Commerce to help commercial law professors, practitioners, and students in their study of commercial law

The Transactional Lawyer

The Transactional Lawyer is a bi-monthly, electronic newsletter published by the Center for Law, Ethics & Commerce The newsletter offers advice to lawyers on how to structure and document commercial transactions and alerts transactional attorneys to recent legal developments that may affect their practice.

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Article 9 Revisions

In 2010, the Uniform law Commission and the American Law Institute approved the following amendments to Article 9 of the UCC and its official comments. The amendments, if enacted at the state level, will have a uniform effective date of July 1, 2013.

Permanent Editorial Board for the UCC Commentaries

On February 1, 2017, the PEB issued a Draft Commentary (pdf) on the Hague Securities Convention’s Effect on Determining the Applicable Law for Indirectly Held Securities.

In July 2013, the PEB issued Commentary 18 (pdf), which expands upon the new anti-Highland Capital comment added to section 8-102 comment 13.

On April 29, 2013, the PEB issued a Draft Commentary on the Hague Securities Convention’s Effect on Determining the Applicable Law for Indirectly Held Securities (pdf).

On June 29, 2012, the PEB issued Commentary 17 (pdf), which deals with whether a limited liability partnership qualifies as “registered organization” under Article 9.

On February 6, 2012, the PEB issued a draft commentary for public comment on how sections 9-406 and 9-408 apply to restrictions on the transfer of an ownership interest in an unincorporated business entity: Application of UCC Sections 9-406 and 9-408 to Transfers of Interests in Unincorporated Business Organizations (pdf). On that issue, also see the February issue of The Transactional Lawyer.

On November 14, 2011, the Permanent Editorial Board for the UCC issued a Report on Application of the UCC to Selected Issues Relating to Mortgage Notes. This Report details some of the complex legal issues concerning the enforcement and collection of mortgage debt. In particular, the Report explains how the rules of Articles 3 and 9 apply to and govern the ownership and enforceability of notes secured by real property.

Uniform Certification of Title for Vessels Act

In 2011, the Uniform Law Commission adopted a new Certificate of Title for Vessels Act. The goal of the act is to bring to boat titling and boat financing a uniformity equal to or exceeding that applicable to motor vehicles. The new law is designed to work seamlessly with Article 9 of the Uniform Commercial and, to the extent possible, with the federal Ship Mortgage Act. It also includes a branding provision for vessels whose hull integrity has been compromised.

Uniform Certificate of Title for Vessels Act (PDF)

Filing Offices




These files contain brief descriptions of many of the year’s most significant commercial law cases.

All files are in PDF format 


George Floyd protests show corporations must support racial and economic equality

Professor Daniel J. Morrissey / The Hill / June 4, 2020

The rage driving demonstrations after George Floyd’s killing comes immediately from frustration over abusive treatment inflicted upon African Americans by the police as well as the systematic discrimination they have suffered from many sectors of our society. Yet, there is another large factor contributing to the deep disaffection that many blacks feel. They have been left out of the economic promise of our country — historically robbed of any meaningful share of our nation’s wealth. A Brookings Institution study shows that African Americans on average have only 10 percent of the wealth that whites enjoy ($17,000 compared to $170,000).

Much of the blame for this lies with our largest businesses. While many top corporations are now professing to support diversity and inclusion, the number of minorities in their top positions – on their boards and in their C-suites – has been described as “not great” and “dismal.” For example, a suit filed last January by two former African-American executives of McDonald’s charges the company with pervasive racial discrimination.

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