Links & Resources

These links and resources are compiled by the Commercial Law Center 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 Commercial Law Center. 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.

The newsletter is free and is intended for wide distribution. Readers are welcome to copy and distribute the newsletter, either in print or in its electronic format.

To subscribe to the newsletter, click here.

All files are in PDF format

 

Spotlight Columns

Spotlight is a regular column in the joint newsletter of the UCC and Commercial Finance Committees of the American Bar Association. Its purpose is to highlight recent judicial decisions that improperly interpret or apply the Uniform Commercial Code, in the hope that other courts will avoid the same analytical mistakes. The columns are presented here in PDF format, copies of the full newsletter are available here.

All files are in PDF format

 

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.

Information about the PEB current projects and membership.

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

Forms

Information

 

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

All files are in PDF format