| Unit name | Secured Transactions Law |
|---|---|
| Unit code | LAWDM0119 |
| Credit points | 30 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 4 (weeks 1-24) |
| Unit director | Dr. Magda Raczynska |
| Open unit status | Not open |
| Pre-requisites |
none |
| Co-requisites |
none |
| School/department | University of Bristol Law School |
| Faculty | Faculty of Social Sciences and Law |
The introduction of Secured Transactions Law unit will contribute to the variety of the units on offer in accordance with the suggested LLM review. More specifically, the unit will enhance the offer on the Commercial Law LLM as well as General LLM. The proposed unit will include topics relating to international law of secured transactions, which is likely to appeal to students with interests in international and cross-border commercial practice. The proposed unit coordinates with the slight changes proposed to the existing Credit, Security and Insolvency unit to avoid overlaps between the two syllabuses.
1. To identify the purposes of security interests with the use of a basic Law and Economics analysis 2. To analyse the differences between various forms of security interests and title-based finance in English law and relate them to the needs of the commercial world; 3. To compare the rules on characterisation of interests in property as security as well as rules on creation, attachment, perfection, priorities and enforcement of security interests under English law, Uniform Commercial Code in the USA, New Zealand Personal Property Security Act and selected international instruments such as the Cape Town Convention on International Interests in Mobile Equipment 2001 and UNCITRAL Legislative Guide on Secured Transactions. 4. To evaluate the current state of English law and provide recommendation as to whether reform in English law is needed and if so, to what extent. 5. To evaluate critically the nature and operation of this area of law.
Seminar discussion, debate; practice of answering essay and problem questions; lectures
One 1,500-word formative coursework Summative assessment: one 3000-word coursework (33%) and one 3-hour exam (67%), both assessing all four intended learning outcomes
H Beale, M Bridge, E Lomnicka, L Gullifer, The Law of Security and Title-based Financing (2012) 2nd edn OUP; L Gullifer (ed) Goode on Legal Problems of Credit and Security (2014) 5th edn Sweet & Maxwell; O Akseli, International Secured Transactions Law: Facilitation of Credit and International Conventions and Instruments (2012) Routledge
