Commercial Transactions: Secured Financing
Part One explores the basic state law system of secured credit and the impact of bankruptcy on that state law scheme. Part Two examines three specific areas of secured financing (inventory, promises, and fixed assets) and certain risks idiosyncratic to each. Throughout, we adopt a transactional approach to "the law". The materials focus on understanding the law to accomplish transactional objectives. Such an understanding requires an appreciation of the commercial framework in which the law exists and the competing policies which continue to shape it.
Raymond T. Nimmer et al., Commercial Transactions: Secured Financing (LexisNexis) (2003).