Secured Credit: Louisiana and American Perspectives (Aspen Select)

The law of secured credit is both very important and very complex. Perhaps because of this, law students, lawyers, judges, and lawmakers struggle to master its many nuances. Secured credit law may not have the initial appeal that criminal or constitutional law hold in the minds of many, but it forms the backbone of everything from day-to-day consumer transactions to large-scale commercial financing, both around the corner and across the world.

In Louisiana the law of secured credit is often referred to as the law of security devices. It is comprised of constructs imported from common law and uniform law sources, as well as concepts and institutions that remain, to this day, distinctly civilian in nature. Secured Credit: Louisiana and American Perspectives attempts to show how the law of security devices in Louisiana has come to form an intricate but beautiful system that, although composed of many disparate parts, works to turn the wheels of our state s economy on a daily basis.