White, Brunstad, and Hughes's Secured Transactions: Teaching Materials, 6th

This book covers comprehensively both the basics of secured transactions under UCC Article Nine and some of the most complex modern transactions such as “repos” and “securitizations.” To offset the complexities of the subject matter, this text is extremely user-friendly. Every chapter has ample introductory material to help the student get oriented. This manageably sized book is organized by transaction (e.g., loans on equipment, on inventory, etc.), rather than by code section (e.g., attachment, perfection, etc.), so that students can see how various transactions develop, rather than learning about sections of the code out of context. A course on Article Nine offers the opportunity for the student to acquire an extensive and vitally important commercial law vocabulary, and this book maximizes that opportunity. This edition substantially revises all chapters to reflect recent revisions to the UCC stemming from the 2022 amendments to the model law. It includes new materials on emerging technologies and digital assets, practice skills, and the political economy of UCC Article Nine. This edition brings forward the book’s informative chapter on the history of secured transactions, followed by a revised, cutting-edge concluding chapter on the theory of Article Nine. The book tracks modern curricular trends, including increased interest in courses on (i) legislation and more detailed consideration of methods of statutory interpretation, and (ii) practice skills such as reviewing contracts and preparing closing opinion letters. Finally, the new edition concisely presents how digital assets and other emerging financial technologies implicate secured transactions and UCC Article Nine.